Crypto analysts Egrag Crypto and Charting Guy have predicted that the XRP price could reach $4.96 or even replicate its 2017 bull run after breaking through a multi-year ascending trendline that goes back to 2017. This rally comes after XRP’s breakout above $1, marking a two-year high for the cryptocurrency.
Ripple CEO Brad Garlinghouse has also cited the imminent pro-crypto policies under Donald Trump as one of the reasons for the XRP price rally. In the short term, the goal for this week is for XRP to close the partial weekly candle above $1.10.
