๐ข XRP in 29/04/2025๐
๐ข Current Price: ~$2.28 USD
Change: +1.74% from the previous day
Today's Range: $2.26 โ $2.34
24-Hour Trading Volume: ~$6.5 billion
๐ข Key Points:
๐ข ETF Influence: XRPโs rally is being fueled by the launch of ProSharesโ XRP futures ETF, which reflects growing institutional confidence and demand.
๐ข Technical Breakout: XRP has broken out of a long-term descending triangle pattern. Analysts see potential targets between $2.50 and $3.20 based on technical momentum.
๐ข SEC Case Resolution: The end of Ripple's lawsuit with the SEC (largely ruled in Rippleโs favor) has brought regulatory clarity, boosting investor trust.
๐ข Rippleโs Expansion: Ripple is enhancing its ecosystem by entering digital asset custody, aiming to support financial institutions with compliant crypto infrastructure.
๐ข Increased Adoption: Use cases like cross-border payments, integration with central banks, and partnerships with traditional financial firms are expanding XRPโs real-world utility.
๐ข Predictions:
Short-term (by May 3, 2025):
XRP could reach around $2.42 if bullish momentum continues.
๐ข Mid-term (2025):
Expected to range between $2.50 and $5.00 depending on broader crypto trends, ETF inflows, and adoption.
๐ข Long-term (2030 and beyond):
Analysts speculate XRP could reach $9.50โ$10.80 if adoption continues, especially in the banking and payments sector.
๐ข Sources include: Coincodex, FXEmpire, Finance Magnates, CoinDCX, Bitpanda, Pintu News.
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