Cardano

Solana

Avalanche

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/xrps-market-struggle-during-crypto-uptrend">XRP’s Market Struggle During Crypto Uptrend</a><br></p>
<p style="text-align: justify">Despite a generally positive trend in the cryptocurrency market, <a href="https://en.bitcoinhaber.net/exploring-ripples-price-resistance-and-potential-uptrends">Ripple</a>‘s <a href="https://en.bitcoinhaber.net/cryptocurrency-surge-bitcoin-hits-new-record-high-and-xrp-coin-gains-momentum">XRP</a> token has lagged in performance, failing to match gains seen by other major digital assets. Lawyer and cryptocurrency advocate Bill Morgan, referencing market data from CoinCodex, pointed out this underwhelming performance. While several cryptocurrencies are celebrating substantial gains, XRP’s growth appears modest in comparison.</p> 
<h2 id="xrp-s-stagnant-year-in-review">XRP’s Stagnant Year in Review</h2> 
<p style="text-align: justify">Morgan’s analysis reveals that over the past year, XRP’s growth has not been impressive, particularly when compared to 62 other top-ranking crypto assets. However, crypto analyst Zach Rector continues to hold a positive outlook for XRP, predicting significant potential growth despite current trends.</p> 
<p style="text-align: justify">Since October 2023, XRP has seen only about a 45% increase, a figure that pales in comparison to its contemporaries in the market. For instance, Binance Coin (BNB) and <a href="https://en.bitcoinhaber.net/solanas-ambitious-2024-roadmap-unveiled">Solana</a> (SOL) have surged by 188% and 665%, respectively, while other top ten cryptos like Cardano (ADA), Dogecoin (DOGE), and Avalanche (AVAX) have also reported over 200% increases.</p> 
<h2 id="price-projections-remain-positive-for-xrp">Price Projections Remain Positive for XRP</h2> 
<p style="text-align: justify">Despite the current market sentiment surrounding XRP, Rector remains bullish on its price trajectory. He recently expressed his confidence in a video clip on social media, suggesting that the ongoing bull run presents a substantial opportunity for XRP’s value to climb.</p> 
<p style="text-align: justify">While the market continues to evolve, XRP is experiencing a slight downturn. It has recently dropped by 1.18%, trading at $0.6817, with a 24-hour trading volume down by 18.41%, amounting to $2.6 billion. The market cap of XRP reflects a decrease of just over 1%, currently standing above $37 billion.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/xrps-market-struggle-during-crypto-uptrend">XRP’s Market Struggle During Crypto Uptrend</a></h5>

XRP’s Market Struggle During Crypto Uptrend

Table of Contents

BH NEWS

Other articles published on Mar 14, 2024

Euphoria Or False Dawn? Why The Ethereum $4,000 Party Might End Soon

What are the Implications of Bitcoin and Ethereum ETNs?

MicroStrategy’s BTC Arsenal to Grow with $500M Raise, Already Holds 205K

ArchLoot (ALT) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

How Solana Holders Are Making Fortunes with the New Meme Coin $BOME

Peng Price Prediction – Could It Be the Next Big Meme Coin After Reaching Its All-Time High?

Join our free newsletter for daily crypto updates!