• Crypto analysts forecast XRP price to potentially soar to between $2.50 and $3.50 soon.
• Ripple’s $10M investment in tokenized U.S. Treasury bills boosts XRP’s institutional appeal.
• XRP Ledger’s potential use in CBDCs and legal victories drive renewed interest in XRP.

XRP, Ripple’s native coin, is capturing attention once again. Prominent figures who previously dismissed it are now forecasting significant potential for the cryptocurrency. Scott Melker, known as “The Wolf of All Streets,” recently broke his silence on XRP, suggesting XRP price could explode to nearly $2.

On Wednesday, Melker posted on X an interesting finding on XRP’s weekly chart, mentioning a potential breakout from descending resistance and identifying possible price targets of $0.75, $0.93, $1.34, and $1.96.

Source: TradingView

Analyst Mikybullcrypto, another vocal supporter of XRP’s potential, encouraged investors to consider XRP, emphasizing “it’s not too late to join the wagon.” He predicts that XRP is set to break out from a bullish pennant pattern formed over the past 6.5 years.

The analyst projected XRP’s price could rise to between $2.50 and $3.50 in the short term, with…

The post XRP Price Prediction: Analysts Forecast $2+ Surge Amid Bullish Signals appeared first on Coin Edition.

• Crypto analysts forecast XRP price to potentially soar to between $2.50 and $3.50 soon.
• Ripple’s $10M investment in tokenized U.S. Treasury bills boosts XRP’s institutional appeal.
• XRP Ledger’s potential use in CBDCs and legal victories drive renewed interest in XRP.

XRP, Ripple’s native coin, is capturing attention once again. Prominent figures who previously dismissed it are now forecasting significant potential for the cryptocurrency. Scott Melker, known as “The Wolf of All Streets,” recently broke his silence on XRP, suggesting XRP price could explode to nearly $2.

On Wednesday, Melker posted on X an interesting finding on XRP’s weekly chart, mentioning a potential breakout from descending resistance and identifying possible price targets of $0.75, $0.93, $1.34, and $1.96.

Source: TradingView

Analyst Mikybullcrypto, another vocal supporter of XRP’s potential, encouraged investors to consider XRP, emphasizing “it’s not too late to join the wagon.” He predicts that XRP is set to break out from a bullish pennant pattern formed over the past 6.5 years.

The analyst projected XRP’s price could rise to between $2.50 and $3.50 in the short term, with…

The post XRP Price Prediction: Analysts Forecast $2+ Surge Amid Bullish Signals appeared first on Coin Edition.