Can XRP Hit $5 This Year?
Year to date, XRP (CRYPTO: XRP) is up a robust 54%, making it the top-performing major cryptocurrency. Even Bitcoin (CRYPTO: BTC), up 29%, and Ethereum (CRYPTO: ETH), up 41%, are having a difficult time keeping up with XRP.
Obviously, XRP has a lot of momentum right now. But does it have enough momentum to hit $5 from its current price of $3.20? Doing so would require XRP to soar another 56% by the end of the year. Let's see if the math checks out.
One clue comes from online prediction markets, where people are trading each day, based on where they think the price of XRP is heading this year. Right now, on the Kalshi prediction market, traders think XRP has a 70% chance of hitting $4 this year and a 29% chance of hitting $5.
Source Fool.com
