Analyst Expects XRP’s Strongest Price Reversal Ever, but Polymarket Disagrees
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Ripple's XRP fell to a key support level just above $1.00 after the CLARITY Act was delayed but held above that line over the weekend, keeping regulatory risk and market support levels in focus. Analysts are forecasting a major rebound, with one calling it the strongest in history, implying potential bullish impact on the crypto token's price, adoption and DEX/CEX liquidity.
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Perhaps due to the delay of the CLARITY Act at the end of the week, Ripple’s cross-border token slipped to a major support level at just over $1.00, and questions arose whether a dip below that line is only a matter of time.
However, it has managed to remain above it during the weekend, and now a few analysts have noted that a major rebound is coming. One even called it ‘the strongest in history.’
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