XRP is consolidating above the $2 support level despite the recent market downturn. Investor interest in XRP remains high, with institutional inflows and ETF applications contributing to optimism. XRP is currently trading at $2.47, with a daily gain of over 7%, but it has lost 20% of its value over the past week. Analysts predict that XRP could reach between $3.50 and $4 by the end of Q1 2025, representing a potential increase of 42% to 62%. Factors driving this bullish outlook include growing interest from large investors, accumulation by whales, institutional demand, and the possibility of XRP ETF approval. However, potential risks include Ripple's plan to offload $800 million worth of XRP in February and the overall market conditions, including Bitcoin's performance.



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