XRP price in USD surged by 8% to reach $2.4 amidst a broader crypto market rally with a 9.6% increase in total market capitalization.
Analysts are closely monitoring XRP as it historically shows explosive moves in favorable market conditions like the current bullish sentiment in the crypto space.
Predictions on XRP's future price range between $2.8 and $3.2, signaling a possible upcoming bull run, though some caution that the recent surge could be a temporary pump before a correction to $2.0 - $2.2.
Technical indicators are mixed with RSI not indicating overbought conditions yet, advising traders to observe the $2.5 resistance level closely for a potential move towards $3, as market momentum for altcoins like XRP grows.