Analyst: Thanks to RLUSD and price correction, XRP may reach 6 dollars

ChainCatcher news, according to Coin Edition, cryptocurrency analyst CryptoBull2020 emphasized that XRP could reach $6 as the correction pattern of this digital asset is nearing completion. The analyst predicts that a surge will occur soon due to the launch of the RLUSD stablecoin, which has sparked enthusiasm for cryptocurrencies.

XRP has risen by 283.68% since last December. This performance enhances the possibility of a bullish fifth wave. According to data from CoinMarketCap, XRP's trading volume has also increased by 26.54% in the past 24 hours, reaching $26.19 billion.