Can XRP rebound?
XRP is predicted to recover to $3 by February 28, 2025:
Technical rebound: After extreme sell-offs, assets often experience rebounds as buyers return to the market. XRP has risen 7.28% in the past 24 hours, indicating a potential reversal is underway.
If Eric Trump's tax exemption proposal gains traction, it could trigger a new wave of cryptocurrency investment, stimulating demand for XRP.
Institutional adoption: The adoption rate of XRP in the payment industry continues to increase, which may help stabilize its price and drive it up.
Broader market recovery: If Bitcoin and other leading cryptocurrencies regain momentum, XRP may follow suit.
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