The XRP price outlook is mostly bearish in the short-term with the token having recently dropped into the red and trading below the $0.344 level. However, despite the general disappointment with the XRP price performance, some analysts are still leaning towards a medium to long-term bullish outlook.

After briefly going below the $0.34 level, the bulls have taken control of the price action and pushed it back above the $0.344 level. Meanwhile, the Token Analyst platform reported that there is still an impressive amount of strong support for the XRP price. The metric shows that there is strong buy orders between $0.325 and $0.33 on the exchange.

One crypto analyst going by the moniker Surbtc has stated that XRP could experience a monster rally to $6 over the next two-years if the token breaks the $0.43 mark. The sentiment is shared by another altcoin trader who predicts that XRP could surge up to $1.8 should it break out of the $0.43 level.

Despite recent drops and consistent underperformance, some cryptocurrency analysts are still bullish on the XRP price with the expectation that the token could surge over the Medium to long-term. An analyst by the name of CryptoCheck, however, took to the TradingView platform to share reasons why he will no longer be buying the token.

CryptoCheck asserted that XRP's failure to reclaim its All Time High (ATH) contradicts its value proposition as a cryptocurrency for institutions. He concluded that despite his belief in the token's value proposition, he will no longer be accumulating, and will be looking to sell instead, when the price reaches higher than what he bought for.

On the other hand, other crypto analysts have pointed to potential profits for XRP if the token breaks out of the $0.43 level. One forecaster expects XRP to surge to $6 over the next two years, while the other predicts a rally up to $1.8. For now, the bulls have taken control of the price action and are pushing it back above the $0.344 level, while Token Analyst reports that there is strong buy orders between $0.325 and $0.33.



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