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Ripple (XRP) Breakout Could Take Prices To New All-Time High


bitcoinisking

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Over the past few weeks, the price of XRP has started to perk up after a -50% performance in 2019.

In fact, since bottoming at $0.17 in December, the asset has essentially doubled, trading at $0.337 as of the time of this article’s writing. This means that XRP has outpaced Bitcoin, which has gained a relatively measly 65% in the same time frame.

XRP is already up a total of 93%. Year-to-date, Ripple is already up well over 80%. In February alone, XRP has increased by over 40%.

While this is already impressive in and of itself, analysts expect for the number three cryptocurrency by market cap to explode even higher in the coming months, with many likening the current price action to XRP’s price action at the end of 2017, prior to a jaw-dropping move that brought prices over 1,000% higher in a few weeks’ time.

Read full: https://azcoinnews.com/ripple-xrp-breakout-could-take-prices-to-new-all-time-high.html

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