XRP News Today: XRP Under Pressure as Crypto Legislation Stalls
XRP Price Forecast: Short-, Medium-, and Long-Term Targets
Net inflows into XRP-spot ETFs since launch and Ripple’s advancements on Main Street affirm a positive short-term outlook (1-4 weeks), with a target price of $2.5. Meanwhile, expectations that the Senate will pass the Market Structure Bill continue to support XRP at current price levels. These factors affirm 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 factors could derail the constructive bias. These include:
- The Bank of Japan signals multiple rate hikes to reach a hawkish neutral interest…
