The analyst says Ripple (XRP) at $ 2 is a “absolute gift”.
TL; D
- The recent decline from XRP did not shake the investor’s confidence, as one of the two observers in the market was watching the two dollars as a job opportunity.
- Whales make bold movements, raising nearly a billion symbols in one month, where there are increasing expectations that there is a XRP ETF spot that can see daylight in the United States this year.
It’s time to buy?
Ripple’s XRP registered an explosive price growth at the end of 2024, as it rose from about $ 0.55 to more than $ 2 in issue Weeks. Positive performance continued at the beginning of the new year, with almost the price Corresponding The highest level at all times was $ 3.40 on January 16. this It coincided with the total tour of the encryption market that witnessed the inauguration of Donald Trump as President of 47 America.
In the following months, XRP lost some steam. It has seen enhanced fluctuations and eventually settled in the current $ 2.10 (for all COONINGKO data).
Despite the declining direction, some famous analysts are still unbroken and see the ongoing state as the opportunity to buy. One example is x Captain faIBIK, which He thinks That XRP at a price of 2 “absolute gift”. They also presented a potential upscale scenario in which the price could rise to about $ 5 in the near future.
Meanwhile, Tony’s encryption He said More than 520,000 their followers on X “remain a long period of dollars”, hoping that the bulls will reflect the last recession.
The dark defender and John Square also made a blockage. the previous hiring Short -term goals of $ 4.40 and $ 6.30, but warned Investors must Watch the important level 2 dollars. For his part, Square Argue XRP is not dead “but” loading “, describes the original as” the largest sleeping giant in encryption. “
The return of whales
Recently, the big investors have gone in a huge purchase spree, accumulation About 900 million XRP within a month. The equivalent of the dollar is a little billion dollars.
In addition, the number of addresses bearing more than 10,000 XRP It reached its climax In a record Above 300000. Because it serves As an absolute evidence of the investor’s confidence. “
After the recent developments, the official end of the legal battle between Ripple and SEC does not only appear formal, and this event is unlikely to cause price fluctuations for XRP.
As such, investors focused their focus towards a possible launch of the Spot XRP ETF in America, which may pay more attention and raise its price. These curious people to explore what happened on that front Take Look at our dedicated article here.
Polymarket is estimated that the risk of approval before the end to 2025 Stand At about 77 %. So, who knowsPerhaps this is what whales fill their bags.
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