đMarket Performance đ„
XRP's price reclaimed the $2.40 territory, recovering from a recent low of $1.90. This rebound represents a 24.7% increase, showcasing XRP's resilience amid broader market volatility . Analysts note that whale investors have significantly increased their holdings, with over $500 million invested recently, indicating strong bullish sentiment .
đMedium to Long-Term Projections đ„
some analysts forecast that XRP could reach between $3 and $4.11 by the end of December 2024, driven by ongoing legal clarity regarding Ripple's status and increasing adoption of its technology in cross-border payments .
Longer-term projections extend even further, with some estimates suggesting XRP could hit values between $8 and $15 by 2025, depending on market conditions and regulatory developments