The Ripple XRP $1.00 threshold has provided XRP with some trouble over the past few weeks. Each time XRP gets closer, another market reaction seems to take over which in turn pushes the value of Ripple back down, teetering between $0.80 and $0.90.
At the moment, we are seeing some very healthy trends at the top of the markets that look to be leading altcoins into a market surge. Whilst we obviously can’t predict if this will happen over the weekend, as it stands, things are starting to look quite healthy indeed.
If a bull run takes over, considering how close Ripple is, we should expect to see XRP finally beat the $1.00 threshold. As it stands, at the time of writing, Ripple XRP is valued at $0.913 and is up 7.07%.
Of course, we have seen XRP tip $0.90 many times over the past few weeks, each time we have hoped to see it move closer and closer to $1.00. Thus far, the closest we have got seems to be around $0.95 as recorded on Tuesday the 24th of April.
Our optimism of course stems from the cracking performance we are seeing from Bitcoin and Ethereum at the moment, with both coins on the brink of reaching very important targets of $10,000.00 and £800.00 respectively. As these targets approach and as the majority of major currencies are starting to catch on to this climb, we truly do believe that this could be the start of a bigger market surge, a surge that may indeed see Ripple XRP hit $1.00. Read more from cryptodaily.co.uk…
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