Massive Ripple Price Pump To $10 in This Bull Cycle, As Lunex Network Set To Hit $1
The post Massive Ripple Price Pump To $10 in This Bull Cycle, As Lunex Network Set To Hit $1 appeared on BitcoinEthereumNews.com.
Ripple (XRP) lit up the markets with its mammoth price pump of 380% and the price went up to a multi-year high of $2.82. But now that Bitcoin is over $100k, analysts have declared that this bull run is nowhere near done and XRP could see more upside yet. According to Milkybull Crypto, the price of XRP could top out at $10 in this bull market. Meanwhile, Lunex Network (LNEX) has been growing behind the scenes. While the price of the altcoin has increased by more than 200%, analysts expect LNEX to reach $1 in this bull cycle. Ripple (XRP) To Repeat 2017 Price Pump, Set for Rally To $10 Over the last month, Ripple (XRP) has been one of the best cryptos in the market. The XRP coin has surged by over 400% in the last month to a peak of $2.82, as CoinMarketCap data shows. However, crypto analysts believe that the uptrend will extend. Milkybull Crypto, in his recent analysis, shared two charts, stating that the recent Ripple price performance is giving “2017 kind of rally vibes.” Based on his analysis, the Ripple coin could hit $2 and then experience a pullback before it continues its uptrend. He adds that XRP will continue increasing on vertically hated rallies to set a new cycle top of around $10. Meanwhile, financial analyst Jacob King recently tweeted that the Ripple crypto had more trading volume than Bitcoin and Ethereum combined. This means there’s high interest from investors and price pumps may occur in the upcoming few weeks. In addition, there are a ton of great events that could fuel this rally. Firstly, the Ripple stablecoin, RLUSD, launch could increase the use of the network. CryptoGeek also recently reported that Amazon has released a paper that confirms that the largest online…
Filed under: News - @ December 8, 2024 10:08 am