XRP Price Predictions: Where Will a New Bull Market Take the XRP Cryptocurrency?

XRP (XRP USD) Price predictions are a hot topic on Tuesday as the altcoin joins the latest crypto boom with a recent rally.

Cryptocurrencies have risen as a result Bitcoin (BTC USD) on the hunt for new highs. This includes XRP as it continues to rise alongside BTC and other digital tokens.

Added Ripple Labsthe creator of XRP, Using Cryptocurrency to Buy Oil. The company notes that this allows XRP holders to indirectly participate in all oil purchases.

This is an interesting direction for Ripple Labs and leaves traders wondering what this means for the future of XRP. Let’s take a look at some price predictions for the token below to get an idea of ​​what the future might hold for the cryptocurrency.

XRP price predictions

• Crypto hedge fund manager Thomas Kralow has an optimistic price forecast $30 per token for XRP.
• CryptoPotato argues that XPR could be heading to $1 per token next after its recent rally.
• CoinPedia argues that XRP will close the week between $0.583 and $0.680 depending on trader activity.

To put these price predictions into perspective, XRP is trading for $0.7008 as of this writing. Investors will note that the digital currency is up 13.3% in the last 24-hour trading period.

Below are more crypto stories that traders will want to read about today!

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At the time of publication, William White did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to those of InvestorPlace.com Publishing Guidelines.

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Article printed by InvestorPlace Media, https://investorplace.com/2024/03/xrp-price-predictions-where-will-a-new-bull-run-take-the-xrp-crypto/.

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