
XRP Rallies as Analyst Predicts $1.5 Target
XRP’s price rallies as speculation mounts over SEC appeal deadlines in the Ripple lawsuit, with a prominent analyst forecasting a potential surge to $1.5 in the short term.
XRP’s price rallies as speculation mounts over SEC appeal deadlines in the Ripple lawsuit, with a prominent analyst forecasting a potential surge to $1.5 in the short term.
Ripple co-founder Chris Larsen donates $1 million in XRP to Kamala Harris’s presidential campaign, marking a significant moment for crypto in politics.
Despite the SEC’s ongoing legal battle with Ripple, XRP continues to gain adoption among BRICS nations and Japan. The cryptocurrency’s utility as a bridge asset remains attractive to global financial institutions.
Crypto asset manager Bitwise has registered a trust entity in Delaware, signaling potential plans for an XRP-based ETF. Despite this development, XRP’s price remains relatively stable amidst a broader market downturn.
Software developers and crypto enthusiasts speculate on XRP’s future value, with some projecting prices as high as $100,000 or even $1 million, based on potential asset issuance and adoption. However, market realities present significant challenges to these lofty predictions.
Ripple’s XRP token reaches a 7-week high, while Bitcoin consolidates below $66,000. Most altcoins experience minor losses, with Dogecoin among the few showing gains.
Crypto strategist Mikybull compares XRP’s current price action to 2017’s pre-rally pattern, suggesting an imminent explosive breakout. The analysis points to compressed volatility indicators and historical patterns as signs of a potential upward surge.
Donald Trump’s bullish crypto statement has ignited interest in emerging coins, with Ripple and Ethereum whales eyeing Intel Markets, which has already sold over 36 million tokens in its presale.
XRP has seen a dramatic 115% increase in trading volume, dominating South Korean cryptocurrency markets and outpacing even Bitcoin and Ethereum in popularity on major exchanges.
Grayscale Investments has launched a new XRP Trust for accredited U.S. investors, causing an 8% increase in XRP’s value and potentially paving the way for a spot XRP ETF.