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Will $XRP reach 27$?
The analyst predicts $XRP could hit $27 in about 60 days, potentially by July 2025, marking a substantial milestone in its price movement.
Key Price Targets to Watch:
- Short-term targets:
- $2.66: A sustained close above this level could indicate growing momentum.
- $2.97: A breakthrough above this level would confirm further bullish sentiment.
- $3.40: Reaching this level could set the stage for a rally toward $5 to $8.
Long-term targets:
- $8.49 (Fib. 1.272): A potential target before reaching $27.
- $13.79 (Fib. 1.414): Another potential target before reaching $27.
- $27: The ultimate target, predicted to be reached in about 60 days.
Factors Driving XRP's Price:
- Resolution of the SEC lawsuit: The conclusion of the lawsuit has removed regulatory uncertainty, potentially paving the way for price appreciation.
- Whale activity: Large holders have added 10% to their XRP holdings in the past two months, indicating growing confidence.