The XRP price has risen by 2.5% today, reaching $0.5805 as the crypto market as a whole falls by 1.5% in the past 24 hours.
XRP has also gained by 1.5% in the past week and by 24% in the past fortnight, although the altcoin has dropped by 2% in the last 30 days. However, some analysts are expecting the token to increase massively in the coming months, with one trader on Crypto Twitter – Doctor Magic – using Fibonacci levels to justify a target of $26 during the next bull cycle.