Five Crucial Predictions for Ripple's (XRP) Price in May
Ripple's (XRP) price has surged by over 9% in the past week, hitting around $2.30. As May approaches, five key price predictions emerge. Social media analyst Ameba targets $2.90, a 26% increase.
Joe Swanson sees a bullish wedge breakout, predicting a short-term price of $3. Trading analyst Duo Nine warns of strong selling pressure at the $3 mark, given the level's previous rejections.
Crypto Virtuos forecasts a target of $2.5, a 10% increase from the current price. Lastly, more ambitious predictions include Oscar Ramos' $29 target by 2030, Brett's $33 to $50 range by 2027, and John Squire's potential $100 mark.
These predictions are underpinned by ProShares' recent SEC approval to launch three XRP ETFs, viewed positively by many investors.