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$XRP Price Could Surge by 47% If It Secures Key Level, Says Popular Crypto Analyst

The cryptocurrency market has experienced significant growth over the last few days, with the price of the flagship cryptocurrency surpassing $30,000 for the first time in 10 months amid the rally. The price of $XRP, it seems, could be due for more upside in the near future.

According to popular cryptocurrency analyst Ali Martinez, the native token of the XRP Ledger could soon see a 47% surge to the $0.80 mark if it can secure a 3-day candlestick close above the $0.54 level.

XRP has had a tumultuous history, with the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), having contributed to a fall in the price and liquidity of the digital currency after various exchanges, including Coinbase, delisted XRP in the wake of the lawsuit.

(by Francisco Memoria)

XRP Cryptocurrency Ripple
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  • cointelegraph ·

    Why is XRP price up today?

    Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.
    Why is XRP price up today?

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