Pseudonymous crypto analyst Don Alt shared his views on the potential new rally for cryptocurrency XRP on the X platform. He suggests that XRP may be preparing for a second growth phase.
Don Alt's Prediction on XRP
Don Alt, who has nearly 700,000 followers on X, speculated that XRP might soon enter a new growth phase. His predictions have proven accurate before, garnering interest from traders.
History of XRP's Rally
In November 2024, XRP experienced a dramatic increase of 282%, significantly outperforming other cryptocurrencies. Don Alt previously advised his followers to 'long XRP,' leading to a price increase of 322% in just 20 days.
Future of XRP and Its Driving Forces
The XRP token is well-positioned to benefit from positive factors such as the anticipated approval of spot ETFs. Additionally, the XRP Ledger is now fully EVM compatible, which could facilitate further growth.
XRP shows potential for growth, and with insights from experts like Don Alt, the crypto community's attention on this asset is likely to increase.
