- XRP has recorded a 6% rally to a high of $0.6681 over the past 24 hours.
- An analyst hinted that XRP could see an astonishing surge in the next few days.
- The analyst cited historical trends, with the crypto market cap surpassing $2.4 trillion.
A prominent analyst in the XRP community, Blockchain Backer, has hinted that XRP could be seeing a shocking price rally in the next few days, mirroring historical trends. XRP has barely been a notable performer in the unfolding bull market, recording lower gains in the past seven days than its rivals.
Total market cap of entire crypto market poking through .702.We saw a lot of altcoin movement with this when it happened in 2020.
For example, in 2020, XRP went from $0.30 to $0.79 in the following 3-days. pic.twitter.com/zOfTtFwQdX
— Blockchain Backer (@BCBacker) March 4, 2024
Over the past 24 hours, XRP reached $0.6681 from a low of $0.6299, marking a 6% gain. However, this 6% gain has been eroded as the asset counters bearish resistance, bringing its price to around $0.64.
Amid this trend, pro-XRP YouTuber Blockchain Backer drew parallels with the current crypto market trends and those observed during the previou…
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