Bitcoin and Ethereum have surged recently, but XRP has remained relatively stagnant at around $0.50. However, several crypto analysts are optimistic about XRP’s future price trajectory. Analyst EGRAG CRYPTO believes XRP could rally to $6.40 in the coming months if it holds above $0.49.
CrediBULL Crypto suggests a Bitcoin breakout to $69-70K could propel XRP higher, especially if it can reclaim $0.64. Previous forecasts from David Watt and Crypto Tony also painted an upbeat outlook, targeting $0.56 and a bull run above $0.67 respectively.
That said, many view the ongoing Ripple-SEC lawsuit as the primary roadblock for XRP’s upside. A resolution in Ripple’s favor could remove this hurdle and potentially unleash XRP’s bullish potential. As the crypto markets remain volatile, traders will closely monitor XRP and the factors that could catalyze its next big move.
