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Cryptocurrency Market: Current Situation and Predictions for XRP

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by Giorgi Kostiuk

4 hours ago


The cryptocurrency markets are displaying positive trends. Bitcoin and XRP have seen growth, and analysts are predicting further changes.

Bullish Targets for XRP

Analyst Javon Marks claims that XRP is showing strength after a clear breakout and may be gearing for upward momentum. His targets are set at $4.80 and $8.00.

Changes in Whale Activity

According to Santiment, an average of 295,000 XRP addresses have been active each day over the past week, significantly above the usual 35,000 to 40,000. For the first time, more than 2,700 whale and shark wallets are holding at least 1 million XRP, indicating growing confidence among major players.

Future Growth Prospects for XRP

Analyst Egrag Crypto has pushed back against claims that XRP's cycle top was $3.40, believing the real peak is much higher, between $10 and $27. However, confirming the breakout will be essential to avoid potential corrections.

XRP is showing signs of recovery and may continue to rise in the coming days, especially if positive market trends persist.

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