March traditionally shows growth for XRP, and this year is no exception. Analysts forecast a potential $3 milestone.
Historical XRP Growth in March
Over the past 11 years, XRP has averaged a growth rate of 19.2% in March. Currently, its growth is at 11.6% as the month is yet to conclude.
Analysts' Forecasts and Opinions
Analysts predict further increases in XRP's value and potential closure of the current 8% growth gap. In March 2023, XRP already closed the month with a 43% gain. If the upward trend continues, the price may reach $3.
XRP's Technical Indicators
Technical indicators point to a 'golden cross', supported by its 23-day moving average crossing above the 50-day curve. This suggests a potential sustained upward trend.
XRP continues to show resilience despite market fluctuations, with forecasts signaling potential further growth of the asset.