Ripple’s XRP has surged to $0.62 after a prolonged period of sideways trading. This increase is supported by positive sentiment in the crypto market, particularly following Bitcoin’s rise to $66,000, a high not seen in five weeks.
Prominent crypto trader Captain Faibik predicts XRP could rally by 299.4%, potentially reaching $2.30 in the near term. The long-term target for XRP is $31, offering significant growth potential for investors.
The positive market sentiment and strong predictions by analysts create an optimistic outlook for Ripple’s XRP in the coming months.