The post Ripple Price Prediction: XRP Price Poised To Hit New ATH By Mid-2024 appeared first on Coinpedia Fintech News
As Bitcoin’s (BTC) price continues to scale higher by the day, currently above $58,300, Ripple Labs-backed XRP has been attempting to break out of a macro bearish trend. The cross-border payments-oriented cryptocurrency has been trading in a triangular logarithmic consolidation since the end of the 2017 bull rally.
Having not crossed its 2018 all-time high (ATH) during the 2021 crypto bull rally, XRP price is well positioned to rally exponentially to a new ATH during this cycle.
Why Bet on XRP’s Inevitable Bullish Breakout
Ripple Labs is one of the oldest web3-focused companies working on integrating traditional finance and digital assets through XRP. Despite the notable legal headwinds from the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Ripple, XRP has remained among the top ten most valuable digital assets
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