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Coin Edition 2025-02-05 00:45:00

Is XRP on the Verge of a Major Breakout Against Bitcoin?

XRP had a huge boost last year It registered an increase of over 400% in a time span of 12 months Some analysts and traders are positive about XRP’s future XRP shocked the crypto world last year as it experienced a remarkable surge, notably increasing its market value. Starting at approximately $0.52 in November 2024, XRP’s price jumped to around $2.46 by early 2025, marking an increase of nearly 373%. It’s currently sitting at $2.65, which means more than a 400% increase over one year. This gave rise to all kinds of speculation about whether XRP would achieve a big breakout against BTC. If we take a look at the monthly price chart (courtesy of CoinMarketCap), it’s noticeable that XRP has been performing very well. However, this can always change when it comes to cryptocurrencies, though some experts and well-known traders have a positive stance regarding future developments. Expert Opinion: Bullish, but Cautious For instance, a few days ago, Peter Brandt said on X that even though he doesn’t care about XRP, there is no other way right now to define the chart other than a bull flag. Of course, he did mention that the situation could … The post Is XRP on the Verge of a Major Breakout Against Bitcoin? appeared first on Coin Edition .

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