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Should You Buy XRP Before November?


As of September 17, XRP's (CRYPTO: XRP) price skyrocketed nearly 420% over the past 12 months. During that same period, Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) rose about 90%. XRP outperformed those blue-chip cryptocurrencies as it overcame its regulatory challenges, attracted more attention from exchange-traded fund (ETF) providers, and gained more momentum as a bridge currency for cross-border transfers.

Yet XRP still remains about 20% below its all-time high of $3.84 in January 2018. Let's see why it might head even higher before a few fresh catalysts emerge in November.

Image source: Getty Images.

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Source Fool.com

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