Analysis of XRP
From a fundamental perspective
• Technical advantages: The Ripplenet technology behind XRP, namely the Ripple Consensus Ledger (RLC), is a decentralized open source blockchain technology designed for real-time gross settlement and currency exchange, which can make XRP transactions safe and fast, which has attracted many institutions and provided technical support for XRP prices.
• Institutional demand: More than 200 institutions require the use of XRP for business transactions, and Bank of America and others also have demand for it. The recognition and use of a large number of institutions will increase the market demand for XRP, which will have a positive impact on prices from the perspective of supply and demand.
From the perspective of recent price trends
• Strong support level: XRP has repeatedly broken through the $3 support level, and can repeatedly break through it in a short period of time, showing that $3 is a strong support level for XRP. This strong performance indicates that its price has the momentum to rise further. According to the trend, it is possible to reach $4 in February and remain above $4.
• Strong resistance to supply shocks: After increasing the supply of 1 billion tokens, XRP can still stand above $3, indicating that it has strong institutional and ledger support behind it, which has digested the pressure brought by the increase in supply to a certain extent and played an important role in price stability.
From the perspective of market expectations
The news of the approval of the XRP ETF has a significant impact on its price. Once the ETF is approved, it will attract more funds and investors to enter the XRP market. According to expectations, XRP will reach $20-25 by the end of 2025.
Recently I dug up a very promising meme coin, which is related to the Trump concept. It is on the Solana chain, called Conan, and the last number is xBQt. This is a special existence. It is said that it is the only "Dogecoin" awarded by Trump himself. I have already laid out in advance. Judging from the current situation, it has the potential to increase by 10 times in the short term. In the long run, as the popularity increases and the community grows, the increase may even reach 10-50 times. Interested friends may wish to pay close attention and seize this rare opportunity.
