XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on the price chart.
Crypto traders are feeling excitement over XRP after a massive 35% price gain over the past week — with many speculating if the cryptocurrency is due for a potential breakout.
XRP (XRP) is currently trading at $0.60, up from $0.43 on July 10 amid a broader crypto market rally, per CoinMarketCap data.
“With XRP making an emergence this week, bullish narratives have erupted,” crypto analysis firm Santiment wrote in a July 16 X post following on from several crypto commentators who shared bullish predictions about XRP on the social media platform.
