The XRP price has recently achieved a significant milestone, reaching a 72-month high. In the past 24 hours alone, the price has increased by 32.32%, indicating strong market momentum and investor confidence.
The trading volume for XRP has reached $28.15 billion, further highlighting its growing popularity and investor interest. This remarkable surge has enabled XRP to surpass Tether and Solana, making it the third most valued cryptocurrency currently in the market.
Technical indicators are pointing towards sustained bullish action, suggesting that XRP may reach higher price targets in the near future. Analysts anticipate that XRP could potentially hit $3 this week, considering the current market dynamics and investor sentiment.
The monthly performance of XRP is equally impressive, showing a 378.98% surge. This extensive growth reflects a strong upward trend for Ripple Labs' native token, positioning it favorably in the competitive cryptocurrency landscape.