The XRP price prediction is turning more and more bullish as trading volumes around the world continue to grow. In the past 24-hours, nearly $1.5 billion worth of XRP has been traded globally, with the majority of that taking place in South Korea and the US. This surge in volume has been accompanied by a corresponding surge in price, with the XRP token rallying over 20% in the past 24-hours.
Analysts are now predicting that the XRP bull run is set to continue and prices could see further gains in the upcoming weeks. With more investors turning to XRP in the wake of the extended Bitcoin bull run, analysts are optimistic that prices could go higher and breach the important psychological level of $1.00 in the near-term. This would represent an over 100% gains from current XRP levels.
However, analysts are also cautioning that investors should still remain vigilant and exercise caution while entering the altcoin market. As with any crypto market, the XRP market could easily turn bearish, with the token’s prices declining quickly if the current bullish trend reverses.
Overall, with the increasing trading volume and the continued rise in XRP prices, the XRP price prediction appears to be turning increasingly bullish. The climb towards $1.00 and beyond looks like it could be on the cards in the near-term, although investors should be sure to practice caution and not get too carried away with the bull run.
