- XRP has rallied over 9% in the past 24 hours to crack the $0.64 threshold.
- Per historical data, XRP last saw this threshold in December 2023.
- Multiple market analysts have released bullish forecasts for XRP, targeting $2.
The recent Bitcoin-led crypto market frenzy has benefited XRP, with the asset recording significant double-digit percentage growths after multiple weeks of passive performance.
In particular, XRP has rallied by over 9% in the past 24 hours. The token moved from a low of $0.5874 to crack the $0.64 threshold. On the seven-day scale, its rally now stands at 16.9% gains.
Per historical data, XRP last saw this threshold in December 2023. Following this commendable performance, multiple market analysts have released bullish forecasts, suggesting the asset is on a path to further gains.
In a recent post on X, market watcher Dark Defender disclosed that he had set his sights on the $0.6462 mark, which has now largely materialized. Citing various technical indicators, the analyst noted that the next target to watch for XRP is $1. Per the disclosure, following the regaining of $1, enthusiasts can expect XRP to rally further to $1.88.
Today…The post XRP Poised for Further Gains as Alt Season Heats up: Could $2 be Next? appeared first on Coin Edition.