XRP has recently surged to reach new highs, reminiscent of its performance in 2021. This rise is associated with increased trade risks, primarily due to high slippage which indicates volatility in the market.
Investors keen on banking these gains are advised to exercise caution, particularly if considering entry points around the $1.20 mark. This price target may offer significant returns but also harbors potential risks due to market fluctuations and instability.
