$XRP
Current Price Movement:
On Wednesday, the price of XRP rose by 1.8% to $2.52, although it is still below the all-time high of $3.40. This increase followed President Donald Trump's mention of the possibility of including XRP in the crypto reserve, but the gains were diminished due to the U.S. tariff plans against Canada and Mexico.
Price Prediction:
Short Term: Technical analysts have identified a bullish pattern that could drive the price of XRP above $3.35 if confirmed.
Medium Term: Predictions for 2025 vary. The minimum price estimate is around Rp33,824.14 and the maximum is Rp53,796.98 for that year.
Long Term: In an optimistic scenario, some analysts project that XRP could reach $100 by 2030, supported by clear regulations and global adoption.
Factors Affecting Price:
Institutional Adoption: Increased use of Ripple technology by financial institutions could boost demand for XRP.
Regulation: Changes in U.S. government policy under the new Trump administration could affect the price of XRP.
Launch of Stablecoin RLUSD: Ripple plans to launch the RLUSD stablecoin on December 17, 2024, which could enhance the utility of XRP.
Conclusion:
XRP shows significant growth potential, supported by technical and fundamental factors. However, the volatility of the crypto market and regulatory uncertainty remain important considerations for investors. It is advisable to continue monitoring current developments and conduct in-depth analysis before making investment decisions.
