XRP has emerged as a significant player in the ongoing bull market, following an impressive rally in November and influenced by macroeconomic factors and legal developments. The altcoin is currently experiencing minor price gains after a volatile trading week in the crypto market.
Popular analyst Egrag Crypto has highlighted XRP's promising outlook, suggesting the potential for further price increases. With the support of Elliott Wave Theory, the analyst backs the possibility of a substantial surge for XRP, suggesting a 1,000% upswing might be on the horizon.