2023 has been a year of monumental investment opportunity due to XRP. After the July 13th verdict, in which XRP rose in value by over 90%, the yearly high struck at $0.93 ignited potential within the cryptocurrency. Despite FX and BTC market values declining, leaving many cyrpto investors disappointed, an astronomical trend line has recently arisen, one which is paving the road towards a 2021 – 2022 XRP value of a whopping ten dollars. The trajectory of this uprise can be traced back, believe it or not, to the overall financial downturn caused by the Covid-19 pandemic. This coincidental correlation contains two vital ingredients for interpreting XRP’s incoming potential; its downward slope epitomizes a critical level of support whereas the XRP market’s lows conciders an ascending timeline
Investors hoping to entail the gracious onboarding of XRP in their portfolio should be actively waiting for periods in late 2021 to early 2022 as communication between levels of occurrence is greater here. Within this 2 – 3 month window XRP acquires a capability amplitude which ensnares it within a contemporary range of prices $0.45 – $0.48; before rallying to ten.
Furthermore, the SEC’s recent decision to turn XRP’s old light of doubt to favour, combined with it striking masses of adoption, XRP is set to mull diverse fortunes cuisine. At moment of writing XRP sales match up around a price value of $0.496.
