TL;DR
XRP recently lost nearly 20% of its value amid a broader market correction affecting major cryptocurrencies.
However, several analysts remain optimistic, predicting a significant rally in the range of $1-$4.
Where is XRP Headed?
The cryptocurrency market experienced a severe correction in the past few days, with leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Solana (SOL), and many more, plunging to multi-week lows.
Ripple’s native token – XRP – was also among those that headed south, losing almost 20% of its value over a seven-day scale.
XRP Price, Source: CoinGecko
Numerous analysts, though, remain unfazed by the negative trend, forecasting an impressive rally in the following months. The popular X user Ash Crypto recently outlined targets for 2025, claiming that XRP may skyrocket to the $3-$5 range.
Dark Defender chipped in, too, predicting a fresh bull run for the asset should it overcome the crucial resistance zone of $0.52. “We mi
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