XRP has climbed back into the top 100 global assets by market cap, surpassing some notable names, following its reclaim of the psychological $3 0 comes amid a broader crypto market rally, which has sparked hopes of a continuation of the bull run . XRP’s Market Cap Surpasses Major Companies Companies Market Cap data shows that XRP’s market cap is larger than that of the world’s largest asset manager, BlackRock , and also 1 altcoin’s market cap is currently at around $182 billion, while BlackRock and Sony boast a market cap of $173 and $174 billion, respectively. Meanwhile, based on its market cap, XRP currently sits as the 88th largest asset, just behind 2 is worth noting that the altcoin has briefly surpassed banking giant Citigroup, Verizon, and Shopify following a rally of over 3% over the weekend.
However, XRP has pared some of these gains and now looks to be consolidating in preparation for the next leg to the upside. XRP’s rally comes amid a broad crypto market rally, with other major altcoins like Ethereum, Dogecoin, BNB, and Solana recording significant 3 fundamentals could serve as a catalyst for higher XRP prices , as its market cap looks to surpass more companies on the global assets 4 includes the launch of the REX-Osprey XRP ETF that is set to take place this 5 will be the first 6 fund to provide institutional investors with spot exposure to the 7 is expected to inject new liquidity into the XRP ecosystem. Meanwhile, the Fed is expected to make a rate cut at this week’s FOMC 8 is typically bullish for altcoins for XRP, although there is also the possibility that it may be a ‘sell the news’ 9 Eyes Rally To $3.6 Crypto analyst Ali Martinez has predicted that the XRP price could rally to $3.6 following its breakout above $3.05.
He had earlier stated that there were two possible 10 possibility is that it could break above $3.05 and then rally to $3.60, or it could dip to $2.80, break above $2.90, and then rally to $3.60. Meanwhile, crypto analyst Dark Defender highlighted $3.01 and $2.85 as the major support levels to watch out for as the XRP price prepares for another leg to the 11 analyst stated that the targets are the $4.39 and the $5.85 Fibonacci levels. A rally to these price levels would mark a new all-time high (ATH) for the 12 Reading: If You Hold XRP, Analyst Says To Strap In; Here’s Why At the time of writing, the XRP price is trading at around $3.04, down in the last 24 hours, according to data from CoinMarketCap.
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