Is Ripple's (XRP) Price About to Explode?

The Ripple (CRYPTO: XRP) cryptocurrency rode a roller coaster in 2023. Starting the year at $0.35 per token, the international payment system's operating coin rose as high as $0.82 before dropping back down to $0.62. These sharp trend changes made the S 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) indices look sleepy by comparison, even though the market trackers delivered gains of historic scale last year:

XRP Price data by YCharts

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Source Fool.com