XRP (CRYPTO: XRP) is trading higher late Wednesday, spurred by broader cryptocurrency momentum and a strategic partnership.
XRP Reclaims $3
The third-largest cryptocurrency by market capitalization rose more than 2% higher in the last 24 hours, reversing the downsides from the day before. XRP reached an intraday high of $3 before reversing to $2.97.
Crypto King, a widely followed cryptocurrency investor and researcher, drew attention to the coin’s 585% return from a November 2024 breakout after an extended downtrend, and this year’s 70% post-July surge after being sluggish in the first two quarters.
“The real bull run has not even started yet, and we are already seeing big gains. My target is $7.00,” the analyst projected.