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XRP Price Could Hit $5 If Ripple Captures 50% of Global Remittance Market

source-logo  coingape.com 19 September 2024 10:14, UTC

The XRP price action depicts a beautiful bullish continuation pattern on the daily chart that promises a 40% breakout if market conditions remain favorable. On September 18, the Federal Open Market Committee (FOMC) announced a 50 basis point cut on the interest rate, and XRP surged by 5%. If Ripple successfully captures 50% of the global remittance market and the regulatory hurdles diminish, could the XRP price soar to $5?

coingape.com