Analyst Meesku predicts that XRP could experience short-term growth and surge towards $3.50 or higher, driven by recent whale activity and anticipation of new financial products. The recent increase in XRP's price amid reports about ETFs supports this view, although it has since dipped. Meesku believes the ongoing Ripple vs. SEC case and speculation about a potential settlement could further impact XRP's market performance. In the mid-term, Meesku sees potential for XRP to rise to $8 with the possible launch of XRP futures contracts by the CME Group. In the long term, Meesku speculates that XRP could become a foundational asset for national banking systems, potentially leading to substantial price increases. He also highlights Ripple's growing partnerships, including with Bank of America, as a positive sign for XRP's adoption. Technical developments, such as the formation of a bullish "golden cross" for XRP against Bitcoin, further support its positive trajectory. Overall, Meesku expects regulatory frameworks and legal developments to support XRP's price gains, along with increasing institutional interest.
Content Editor ( thecryptobasic.com )
- 2025-01-23
Analyst Predicts $3.5, $8 and $20 as XRP Short-Term, Mid-Term, and Long-Term Prices
