XRP price recently experienced a significant pullback, having surged from $0.50 to a multi-year high of $3.40 before falling by nearly 25%. The cryptocurrency is now trading around $2.5, reflecting its increased volatility in the market.
Analysts are speculating that XRP could potentially skyrocket by 1,500% if it follows a similar trend to its historic 2017 rally. Despite recent weaknesses, the market remains optimistic about the possibility of another substantial surge.