XRP's Path to $44: Is a Bull Run on the Horizon?
$XRP , Ripple's native cryptocurrency, is showing strong signs of a potential price surge. According to analyst EGRAG CRYPTO, if XRP breaks the $2 resistance, it could attract a wave of investors, pushing its price to $13, $27, or even $44 in the near future.
This bullish sentiment is backed by a record-high Open Interest (OI), which reflects increased confidence among investors. Regulatory developments might also favor XRP, especially with speculation about SEC Chairman Gary Gensler stepping down in 2025. Additionally, a potential second term for Donald Trump could bring more crypto-friendly policies, further benefiting XRP.
Institutional interest is growing, too, with talks about a possible XRP-based Exchange-Traded Fund (ETF). While short-term volatility is expected, XRP's long-term outlook remains promising, with significant growth anticipated.
