The price of XRP just surged above $3, reaching levels not seen since 2017. It’s now trading at $3.30, climbing more than 17% in the past 24 hours. Trading volume has jumped too – it’s up nearly 67%, showing strong interest from buyers. Crypto analyst Ali sees this momentum continuing and thinks XRP could hit $10.
He stated that XRP is witnessing a significant bullish breakout, with on-chain data confirming that whales have been accumulating the token in massive quantities. Over the past week, these whales have purchased approximately 1.10 billion XRP, which has contributed to building upward pressure. This accumulation is adding to the overall momentum, making the potential for further price increases more likely.
The XRP price broke through its previous trading range, suggesting this upward movement might continue. Big investors are still buying up XRP, and this could push the price higher. Analysts have pointed out that sustained demand and positive market sentiment are key factors for XRP’s continued growth.
What you'll learn 👉
Rally Gains Steam with High Trading Volume
Trading has picked up significantly – we’re seeing 66.76% more volume in just the last day. This means more people are buying and selling XRP, helping push up the price. The big investors aren’t slowing down their purchases, which adds fuel to this upward move.
The price is now over $3, showing that traders are feeling good about where things are headed. Both the rising price and increased trading suggest this rally might have room to run.
Read Also: Pro-Ripple Lawyers Provide an Update on XRP vs SEC Case: ‘We Aren’t Holding Back!’
What’s Next For XRP?
Ali thinks XRP’s price is headed to $10. While price predictions should always be taken with a grain of salt, XRP’s recent performance and market conditions show this rally has some real strength behind it.
For now, XRP remains in the spotlight. Time will tell if it reaches $10, but the current momentum looks solid. Many traders are keeping a close watch on how things unfold over the next few weeks.
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