Recent discussions in the XRP online community have reignited the question of the digital asset's next price milestone, prompted by exchange Bitrue's call for community insights.
Diverse Expectations
Community members presented a wide range of target prices for XRP. Some expect moderate increases, with prices projected between $2 and $3. Specific projections like $2.26, $2.28, and $2.3 were frequently mentioned, indicating confidence that XRP will return to its 2021 values. Currently, the asset is trading at $2.2, with analysts pointing to $2.25 as a crucial resistance level.
Calls for New Highs
Some participants forecast more aggressive price movements. One user suggested a return to $3 in the short term, $5 by November, and even $10 by the end of the year. Other comments point to targets exceeding $10, considering increased demand from institutional and retail investors.
Present Skepticism
However, not all responses were optimistic. Some users set targets below $1 or near current trading ranges. Responses suggest that a near-term cap could be around $0.8, while others see $1 as the most likely outcome in the short term.
Overall, the tone of discussions among community participants remains positive. Many see XRP's future with hope, linking their confidence to potential regulatory improvements and prevailing market sentiment.