$XRP The price soared 14%, approaching the $1 mark!
Recently, the ratio of longs to shorts has reached its highest point since March, which simply tells us that XRP is about to start a big rise! While other cryptocurrencies are standing still, XRP is celebrating alone, with the price rising 14% in 24 hours!
Looking at this momentum, XRP is getting closer and closer to the key position of $0.75, with a market value of more than $41 billion, and a daily trading volume that has soared 166%, directly soaring to $11.53 billion! This is simply a dark horse in the cryptocurrency world!
Are you all attracted by this rise and are starting to worry that you have missed this big market? That's right, there are discussions about XRP everywhere in the market now, which is simply a hot topic in the cryptocurrency world! Especially after Trump's victory, XRP rose 45% in a week. Who wouldn't be moved by this!
But don't get carried away just because of the bullish outlook. If XRP wants to continue to rise, it has to break through the high of $0.74 in March, which is not an easy task. Market sentiment and "fear of missing out" come in handy at this time. Everyone wants to get on board quickly, for fear of missing this opportunity to make money.
But we also have to be rational. Whether XRP can continue to rise depends on whether the balance financing rate of major exchanges such as Binance is strong. If the leveraged long positions accumulate too much, you have to be careful.
As for whether XRP can set a new record high of $8, no one dares to say it easily. However, judging from the current rise, XRP does have this potential. Let's wait and see how far this dark horse can run!
Recently, I plan to ambush a potential coin that is ready to explode. It is still very simple to double it. At the same time, I am also preparing to find some potential coins to get to the end of the year. It is no problem to expect more than 10 times the space. If you want to follow up, like + leave a message and share it for free.
