Analysts have predicted a potential XRP rally, which would see the asset surge to $0.90 if it can overcome key resistance points. The US presidential election results could impact the entire crypto market, particularly Ripple’s native token, XRP. Ripple’s XRP has been one of the worst performers from the top 10 list on a monthly scale, currently trading at around $0.51, representing a 4% decline over that period.
However, numerous market observers believe that an XRP bull run is coming. Analysts have pointed to the asset’s price chart following a “bitfrost bridge” trend, which would lead to a price rally to as high as $0.90. Other analysts have noted that XRP’s daily indicators are oversold, with a bullish daily trend, and a major pump could occur if the price surpasses resistance levels of $0.5286, $0.6044, and $0.6649.
