XRP Surges Amidst Bullish Bank Forecasts
Update: 2025-12-31
Description
XRP experiences a minor dip, trading around $1.87, but volume surges, indicating a potential for a significant move. Standard Chartered predicts XRP could reach $8 by 2026, a 330% increase from current levels. U.S.-listed XRP ETFs have seen substantial inflows, and exchange balances are at multi-year lows. However, technicals suggest short-term bearishness, with moving averages stacked against the price and negative spot flows hinting at leveraged positions. The upcoming one billion XRP escrow unlock in January could impact supply sensitivity. If the price holds at $1.85, $2 could be the next target, but a break below $1.77 is a risk. Checkout Solipillow.com
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