Crypto De Nostradame
--
Bullish
Will XRP Be at $10? At What Levels Will the Rise Stop?
There has been a remarkable development in the cryptocurrency market. $XRP has officially become the third largest cryptocurrency by market cap, surpassing Tether (USDT). While the coin’s current market cap exceeds $151 billion, analysts say this may only be the beginning.
XRP is trading at $2.59 at the time of writing. XRP, which has gained 10.2% in the last 24 hours and 22.4% in the last 7 days, continues its strong uptrend. Analyst Edo Farina thinks that this rally could be part of a bull run that will target $10 by 2025.
According to Farina, there are several key developments supporting the rise of XRP.
First, #Bitcoin dominance (BTC.D) draws attention. BTC dominance is a metric that shows how much of the total crypto market belongs to Bitcoin. When this rate drops, altcoin season usually begins and projects like $XRP come to the fore. Farina believes that this cycle is repeating itself.
Another important element is the regulatory clarity provided for Ripple in the US. The end of the lawsuit process that has been going on for years with the SEC has made XRP’s future in the US market more predictable
The analyst believes that $XRP will play a critical role not only as a means of payment, but also in the tokenization of real-world assets (RWA). Ripple is reported to have contributed to the European Central Bank’s digital Euro study and has also acquired important financial firms such as Hidden Road.
Another move Farina drew attention to is the rumors of the acquisition of USDC issuer Circle. If this step is taken, it may be possible for XRP to establish a great dominance in the stablecoin space.
“Ripple ETF Approval Changes Everything”
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
#NewsTrade #BinanceAirdropNXPC #TradeWarEases #TradeStories
There has been a remarkable development in the cryptocurrency market. $XRP has officially become the third largest cryptocurrency by market cap, surpassing Tether (USDT). While the coin’s current market cap exceeds $151 billion, analysts say this may only be the beginning.
XRP is trading at $2.59 at the time of writing. XRP, which has gained 10.2% in the last 24 hours and 22.4% in the last 7 days, continues its strong uptrend. Analyst Edo Farina thinks that this rally could be part of a bull run that will target $10 by 2025.
According to Farina, there are several key developments supporting the rise of XRP.
First, #Bitcoin dominance (BTC.D) draws attention. BTC dominance is a metric that shows how much of the total crypto market belongs to Bitcoin. When this rate drops, altcoin season usually begins and projects like $XRP come to the fore. Farina believes that this cycle is repeating itself.
Another important element is the regulatory clarity provided for Ripple in the US. The end of the lawsuit process that has been going on for years with the SEC has made XRP’s future in the US market more predictable
The analyst believes that $XRP will play a critical role not only as a means of payment, but also in the tokenization of real-world assets (RWA). Ripple is reported to have contributed to the European Central Bank’s digital Euro study and has also acquired important financial firms such as Hidden Road.
Another move Farina drew attention to is the rumors of the acquisition of USDC issuer Circle. If this step is taken, it may be possible for XRP to establish a great dominance in the stablecoin space.
“Ripple ETF Approval Changes Everything”
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
#NewsTrade #BinanceAirdropNXPC #TradeWarEases #TradeStories
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
XRP
2.5308
+6.64%