$XRP A comprehensive report on $XRP and its market trends until January 1, 2025
1. Technical analysis:
Technical analysis indicates that the price of XRP could rise to $11.
$XRP has strong market-based regulation, which increases the potential for significant increases in its value.
2. Economic analysis:
Experts expect the price of XRP to range between $5 and $7 if the expansion of international payments uses continues.
In the event of a strong market rally, the price could rise to $10 or even $20, provided the market stabilizes and the expansion of uses continues.
3. Legal challenges:
The ongoing case between Ripple and the SEC remains a major factor influencing the price movement.
A change in the SEC’s management towards more pro-crypto policies could improve XRP’s overall performance.
4. New Uses:
Ripple’s continued expansion into partnerships with major banks and corporations is strengthening its market position and opening up new growth opportunities over the coming year.
5. Technical Analysis:
The charts show that XRP could break the support level at $1.83, with resistance at $2.26.