Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%.
Although such confirmation has not been published yet, XRP’s price has continued to gain traction in the past day, unlike the rest of the market. The token spiked above $0.9 earlier today, marking a new 16-month peak. In terms of XRP’s future price actions, CryptoBull told his 145k followers that the asset has broken out of a large symmetrical triangle and could skyrocket to as high as $23 by the end of January if history is to repeat.has broken out of a large symmetrical triangle, just like in 2017. Measuring the monthly closings in 2017, we could see XRP at $1.96 at the end of this month, at $4.80 the end of 2024 and $23 at the end of January 2025.