☑ $XRP
XRP reacted to its support and is now steadily heading towards its resistance
1. Current Trends: XRP is trading around $2.36, with occasional resistance near the $2.80 mark. Positive developments like Ripple's RLUSD stablecoin and institutional adoption continue to boost investor confidence.
2. Legal and Institutional Factors: The ongoing SEC lawsuit and Ripple's recent regulatory approvals (e.g., RLUSD stablecoin) have improved sentiment. Ripple's collaborations, such as enabling Japanese banks to adopt XRP, may also drive adoption by 2025.
3. Short-Term Predictions: Analysts project XRP could approach $3 in early 2025, contingent on market conditions and legal resolutions. The coin is expected to trade between $2.12 and $2.89 through the year, maintaining gradual upward momentum.
4. Long-Term Outlook: Predictions for XRP by 2030 range from $10 to as high as $79, fueled by broader crypto adoption and increasing use cases for Ripple's technology.