XRP News Today: XRP Snaps Losing Streak on Crypto Bill Hopes
XRP Price Forecast: Short-, Medium-, and Long-Term Targets
Renewed buying interest in XRP-spot ETFs affirmed a positive short-term outlook (1-4 weeks), with a target price of $2.5. Additionally, rising expectations that the Senate will pass the Market Structure Bill, increased XRP utility, and demand for spot ETFs reinforce the bullish longer-term price projections:
- Medium-term (4-8 weeks): $3.0.
- Longer-term (8-12 weeks): $3.66.
Key Downside Risks to the Bullish XRP Outlook
Several events could derail the positive outlook. These include:
- The Bank of Japan indicates multiple rate hikes to attain a hawkish neutral interest rate (potentially 1.5%-2.5%). A higher neutral…
