Could XRP See A 360% Surge By Christmas? Experts Think So

XRP is back in the limelight once again, catching a rising tide of bullish vibes in the cryptocurrency marketplace. The token went steadily up last week but managed to make an even bigger leap over the weekend.

This resulted in an increase in its value by a whopping 13%. The price jumped from $0.5889 to $0.6622 and reached a six-month high. Quite a lot of buzz has been seen in the crypto world, and the community feels this rally might just be the beginning for Ripple’s native currency.

While the rest of the crypto market has cooled down a bit, XRP continued in its movement and was greatly noticed by investors and traders. Despite having pulled back a bit, the token still remains strong and is trading at $0.6518 at the time of writing.

According to CoinCodex, a cryptocurrency analysis tool, XRP will continue its bullish path and gain by around 19.60% in the coming quarter. On the basis of this optimistic outlook, which reflects growing market confidence in the token, the price may reach $0.743019 by the 31st of October in the year 2024.

Big Things Coming For XRP

Well-known trader Anup Dhungana recently hyped up the excitement with his statement that XRP may be set to see some major price actions in the coming months. On X (formerly Twitter), he said he believes that XRP is placed for a proper breakout.

Big things could be happening for $XRP soon!