The sustained consolidation of XRP below $0.60 has led to criticisms, but experts believe that the token's long-term prospects remain intact. XRP has been building a solid base supported by a rising trendline and has experienced 1,650 days of higher lows and extended consolidation. Experts predict an upcoming bullish wave for XRP, with potential exponential gains and a new all-time high in 2025. Short-term fluctuations are seen as insignificant, and XRP is expected to target higher levels, potentially reaching $2 by 2025. The current accumulation phase is seen as a significant opportunity for long-term holders. There is anticipation for a possible price rally, with resistance at $0.64 to $0.65 and a micro-target of $0.75. XRP's troubles have been linked to uncertainty surrounding the Ripple and SEC case, but a favorable legal decision for Ripple could give XRP an upper hand. XRP is currently trading optimistically above key moving averages, and investors should monitor the price trajectory around the $0.60 zone.



Other News from Today