XRP could hit $4 in the "next few days, according to crypto experts "
The broader
#cryptocurrency market is under pressure due to macroeconomic uncertainty.
#Bitcoin (BTC), the world's largest cryptocurrency, fell 3.37% to $91,636 in the past 24 hours after better-than-expected U. S. jobs data raised concerns that the U. S. Federal Reserve will keep interest rates high for longer.
This
CoinGlass data shows that more than $534 million in liquidations were recorded during the period, indicating increased volatility.
Despite these challenges,
#XRP continues to generate
#optimism due to major changes in the ecosystem. XRP jumped to $2.58 over the weekend, possibly due to the SEC's decision.
Market participants are hoping that under the new SEC leadership, led by cryptocurrency advocate Paul Atkins, XRP can finally emerge from the uncertainty that has plagued the market since 2020.
Ripple CEO Brad Garlinghouse called 2025 the beginning of the "Trump bull market" as the administration's pro-cryptocurrency stance after Donald Trump's presidency has led to a resurgence of market optimism. He stated that
additionally, the impetus was the utility of XRP in the real world. According to David Stryczewski, CEO of Sound Planning Group, Bank of America (NYSE: BAC) uses XRP for 100% of its domestic cross-border transactions.
At the time of publication, XRP was trading at $2.38, down more than 5% in one day. in one day. in one day. However, on a year-to-date chart, it is up 11%, demonstrating its resilience despite recent market volatility.
Meanwhile, XRP's upside potential to US$4 is supported by a combination of technical and macroeconomic factors.
While the bullish pennant breakout indicates upward momentum, broader market sentiment driven by bitcoin and global economic developments will play a key role in shaping its trajectory.
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