🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

XRP Advances by 22.86% Amid Bull Comeback Post-Halving

Published 04/21/2024, 11:32 PM
Updated 04/21/2024, 11:45 PM
© Reuters.  XRP Advances by 22.86% Amid Bull Comeback Post-Halving

  • XRP soars to $0.534, reflecting a 22.86% growth from the pre-halving bottom of $0.4351.
  • An analyst expects XRP to surge 845% to $5 by September 2025.
  • Ripple’s CLO Stuart Alderoty crushes rumor of potential settlement in the SEC lawsuit.

In the last 24 hours, XRP has been one of the gainers among the most prominent cryptocurrencies. At press time, XRP registered an intraday high of $0.5346, a substantial 13.84% gain from the 24-hour low of $0.4696.

Furthermore, XRP’s new value reflects a more substantial growth of 22.86% from the bottom of $0.4351 witnessed on April 13. This new commendable trajectory follows the emerging optimism in the market after the Bitcoin network has undergone the much-awaited halving.

Before the Bitcoin halving, multiple online pundits projected various values XRP may attain in the altcoin season expected to follow. For instance, an analyst on X using the pseudonym Ash Crypto proclaimed that XRP would rally by 460% to $3 by next year. Moreover, this analyst set a higher target of an 845% surge to take XRP to $5 by September 2025.

Meanwhile, other commentators, like Mikyb…

The post XRP Advances by 22.86% Amid Bull Comeback Post-Halving appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.