The cryptocurrency market was seen celebrating Bitcoin’s latest win. The king coin recorded a new all-time high of $111,861.22. Meanwhile, several other assets were seen moving rather slowly. The community has been under the impression that the rest of the market would also pick up pace like Bitcoin. But Ripple’s XRP was seen struggling. The altcoin did not record any major upticks during this period. This does not mean that the asset’s future was bleak.
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How High Is XRP Trading Right Now?
During the past 24 hours, the fourth largest cryptocurrency increased by a dainty 0.37%. At the time of writing, Ripple’s cryptocurrency was trading at $2.42. XRP has been one of the most profitable assets during the past year. The asset went from trading at a low of $0.3911 to a high of $3.39. During this period, Bitcoin rose by 345%.
The highest price level that XRP managed to rise to is $3.39 this year. Despite this, the cryptocurrency was far behind from its all-time high of $3.84. The asset needs to surge by over 36%.
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The Altcoin To Record Triple-Digit Upticks
The community is currently looking forward to XRP recording a massive surge in its price. In the months of July and August of 2027, the cryptocurrency will witness a prominent increase in its price. The asset will rise to a high of $7.34 and trade at an average price of $6.46. The maximum trading price of XRP will be adjusted after the asset records an increase of more than 200%. This increase in price could come as a major respite to XRP investors.
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