Crypto analyst Austin Hilton is the latest to give his opinion on the future trajectory of the XRP price going forward. Specifically, Hilton noted two events that will spur XRP’s price to go up “dramatically.” The analyst also outlined other metrics that present a bullish sentiment for the XRP ecosystem.
Major Events That Will Cause XRP Price To Rise
In a video shared on his YouTube Channel, Hilton singled out the approval of Spot Bitcoin ETFs and the upcoming Bitcoin Halving as the two events that will cause XRP’s price to go up “dramatically.” He mentioned that the XRP price could rise to over $1.50 when the SEC approves these funds.
Bloomberg analysts James Seyffart and Eric Balchunas currently predict that there is a 90% chance that a Spot BTC ETF will get approved by January 10. Although he had his reservations about that, he seemed optimistic that the SEC would approve these funds soon as the Commission is “running out of reasons to say no.”
Once that happens,
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-rise-dramatically/
