According to Coin Edition, cryptocurrency analyst CryptoBull2020 emphasized that XRP may reach $6 as the correction pattern of the digital asset is about to complete. The analyst predicted that the launch of the LUSD stablecoin will ignite enthusiasm for cryptocurrencies, leading to a rapid surge.
XRP has risen 283.68% since last December. This performance has strengthened the possibility of a bullish fifth wave. According to CoinMarketCap data, XRP's trading volume has also increased by 26.54% in the past 24 hours, reaching $26.19 billion.
