• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
XRP on the Verge of New Heights: Short-Term Outlook and Long-Term Projections

XRP on the Verge of New Heights: Short-Term Outlook and Long-Term Projections

user avatar

by Giorgi Kostiuk

6 hours ago


XRP has once again captured the attention of its supporters thanks to a recent short-term price surge. Market participants are discussing key resistance levels and long-term forecasts for this cryptocurrency.

Immediate Resistance Levels for XRP

Recently, XRP has struggled to break past the $2.31 – $2.32 range, which has become a key hurdle for further price increases. Market participants eagerly await when the altcoin will overcome this barrier and maintain its achieved levels.

Long-Term Expectations: Aiming for $30 to $50

Vincent Van Code, a long-time XRP advocate, shared on social media that his price target for the altcoin is between $30 and $50. He did not specify a timeline, but this perspective reflects the strong belief many XRP holders have in the coin's long-term potential.

Stages and Projections for Ripple and XRP

Factors contributing to optimism include the increasing adoption of XRP and interest from major financial institutions. Ripple, the company behind XRP, is actively acquiring firms focused on digitizing assets and forming strategic partnerships. The conclusion of a lengthy legal battle with the SEC is also anticipated to facilitate the recovery of XRP after previous declines.

We are closing this chapter once and for all, to focus on what truly matters: building the internet of value.Brad Garlinghouse

The short-term growth of XRP, alongside the expected conclusion of the legal dispute with the SEC, creates a positive market outlook. Long-term projections remain high, confirming investor confidence in the future of this cryptocurrency.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Crypto Exchanges Compete in the European Market under MiCA

chest

Crypto exchanges secure licenses in Europe, creating new conditions for competition in the regulated market.

user avatarGiorgi Kostiuk

JasmyCoin (JASMY) in July: Bullish Forecast and Key Support Levels

chest

An analysis of JasmyCoin prices indicates signs of a bullish move, but it remains unclear whether the coin can overcome current obstacles.

user avatarGiorgi Kostiuk

Record $3 Billion Inflow into Bitcoin ETFs as Investor Optimism Grows

chest

Bitcoin ETFs attracted $3 billion in the first half of the year, indicating increasing interest from institutional investors.

user avatarGiorgi Kostiuk

Bybit's Resilience Post-Hack: Key Findings from Glassnode

chest

Glassnode report analyzes the resilience of the crypto market post the largest hacking incident at Bybit, highlighting essential aspects of recovery.

user avatarGiorgi Kostiuk

Kiyosaki Confirms Bitcoin Purchase and $1 Million Prediction

chest

Robert Kiyosaki invests again in Bitcoin, expecting its growth to $1 million. Discover the details of his strategy.

user avatarGiorgi Kostiuk

Expansion of BTC Strategies: London Firms Focus on Bitcoin Treasuries

chest

London-based companies like Smarter Web Company are expanding their bitcoin treasuries. Learn about recent investments and new trends.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.