XRP has experienced a significant influx of $30 billion, boosting its price by nearly 4% this week, positioning it as a leading large-cap cryptocurrency. Analysts are forecasting a potential 135% increase, with a target price of $4. The anticipated approval of a spot XRP ETF could further drive demand by reducing available market supply.
Evan Aldo, an analyst featured on the Paul Barron Podcast, predicts XRP could reach $4 in the coming months, with the possibility of climbing to $6 if it surpasses key resistance levels. Institutional interest is on the rise, with firms like Bitwise and 21Shares filing for ETF approvals with the U.S. SEC, potentially set for approval by the end of 2025.
XRP Sees $30 Billion Inflows, Analysts Predict 135% Price Surge
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