TL;DR
- Ripple’s XRP has seen a recent price increase, leading to a positive shift in investor sentiment, with over $355 million in futures and 91% of traders taking long positions on Bitrue.
- Analysts provide varied forecasts, with predictions of a continued uptrend with potential to reach $1.05 if it maintains above the $0.66 level, while others speculate a surge to $14 in the near term.
- Outlier predictions include a highly skeptical claim of XRP reaching $500 in the coming years, requiring an improbable market cap surge above $250 trillion.
The XRP Army Seems Quite Optimistic
Ripple’s native token – XRP – has been on an uptrend lately, with its valuation briefly surging above $0.73 (per CoinGecko’s data) a few days ago. The price rally appears to have affected investors’ general sentiment toward the coin.
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