XRP News Today: XRP Eyes $1.50 as Crypto Bill Talks Take Focus
XRP Price Forecast: Short-, Medium-, and Long-Term Targets
February’s 12.5% loss affirmed the cautiously negative short-term outlook (1-4 weeks), with a target price of $1.0.
However, hopes that the Senate will eventually pass the Market Structure Bill and increased XRP utility continue to boost demand for XRP-spot ETFs, reinforcing the bullish medium- to long-term price projections:
- Medium-term (4-8 weeks): $2.5.
- Longer-term (8-12 weeks): $3.0.
Key Downside Risks to the Bullish Medium-Term Outlook
Several scenarios could challenge the constructive medium-term bias. These include:
- A hawkish Bank of Japan, with a higher neutral interest rate (potentially 1.5%-2.5%)….
