XRP under scrutiny: Opinion, analysis, and a mystery for discussion
Current context
XRP is currently trading around 2.71 USD.
Technically, it is going through a consolidation phase, which could be a sign of a possible bullish momentum soon.
The prospects of ETF approvals for XRP are raising institutional interest, especially after the acceptance of applications such as those from Grayscale and CoinShares.
I believe that XRP is at a crucial point. Its price reflects optimism stemming from regulatory advancements and institutional attention, but liquidity and technical signals are still fragile. If the legal environment clears up soon and ETFs are approved, XRP could break resistances and advance beyond 3 USD with targets towards 4. However, there are also real risks if big investors decide to take profits or if there are no concrete legal advancements in the short term.
What do you think?
Do you believe that XRP will reach 4 USD in the next three months, or could it fall below 2 USD before December?
Leave me your predictions, reasons, or doubts; I want to read your perspective and share it!
