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XRP Price Expected to Hit $0.30 As XRP Liquidity Index Keeps Growing

After the recent XRP price peak ($0.2869 on February 9), quotes of the third-largest cryptocurrency began sliding on Monday and went below the $0.28 level, while the community expected XRP to retake $0.30.
At press time, XRP is exchanging hands at $0.2707, however, one Ripple fan who often shares XRP charts still expects the coin to finally overtake the $0.30 price mark in the short term.
Meanwhile, the XRP Liquidity Index in Mexico and the three other corridors monitored by this Twitter bot keeps rising, setting new all-time highs.

‘XRP slingshot coming’

XRP enthusiast @gordongekko369 believes that Ripple’s XRP is on its way to the $0.30 level from the current $0.27 spot, saying:
However, crypto trader @CryptoCapo_ offers the opposite scenario, assuming that XRP is about to start a major decline well below $0.20 – down to $0.13.
The community, though, seems to like the bullish scenario much more.
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XRP liquidity rises

The Twitter bot reporting the movements of the XRP Liquidity Index on three of Ripple’s ODL corridors (Mexico, the Philippines and Australia) has published a chart showing the XRP/MXN pair on the brink of another high, which would leave the previous ATH behind.
As a result of the 29-percent trading so far today, the liquidity index already totals 17,499,564, quickly approaching the previous high of 18,382,062.


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