XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil

XRP Battle Cry: Must Rally 70% To Reconquer $1 Peak After Market Turmoil


The price of XRP, the native token used on RippleNet for cross-border payments, has remained stubbornly below the coveted $1 mark for months. This, despite a broader cryptocurrency bull run that began roughly six months ago. While some analysts predict a swift surge to bridge the gap, others remain cautious due to ongoing legal battles and a volatile market.

Currently, XRP hovers around $0.59, a significant distance from the $1 many investors had hoped for. The token has experienced significant volatility in recent months, oscillating between $0.50 and $0.65. A brief rally to $0.75 in March offered a glimmer of hope, but it was quickly followed by a retreat.

XRP: Several Obstacles To Overcome

This underwhelming performance can be attributed to

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