Market analyst Mikkybull has recently shared an XRP chart noting that XRP has a historical tendency to experience massive upsurges following the elections. This pattern had played out in 2016 and 2020. Following the 2016 election, XRP’s price initially dipped for about four months. However, by March 2017, XRP experienced an astonishing surge of 60,000% to reach its all-time high (ATH) of $3.31. Mikkybull expects the historical pattern to unfold, suggesting that XRP is on the brink of another breakout. This view is bolstered by the altcoin’s recent 22.46% gain in November. XRP currently trades at $0.6154, up over 11% in the past 24 hours.
