If you’re looking to multiply your cryptocurrency portfolio, now may be a good time to set your sights on XRP. A top-tier cryptocurrency by market cap, XRP is currently undervalued but is ready to surge to new record highs. With its price still lingering 81% below its all-time high in 2018, XRP is starting a parabolic rise, capturing the attention of analysts and investors alike.
For years, XRP has remained a staple in the cryptocurrency space, yet its price gains have been limited and stagnant at best. In stark contrast, recent market trends indicate that this is changing rapidly. Analysts are eyeing a $1.35 resistance level for XRP, and many are optimistic that a rally to new all-time highs is within reach. In fact, some experts project that XRP could easily become a 2x or 3x multiplier in the near term.
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Why the sudden surge in optimism? There’s a lot of buzz around XRP’s latest upgrades, particularly its…