XRP has recently seen significant volatility, with whales selling 370 million tokens. Despite a noteworthy prediction that 1,000 XRP could secure financial freedom by 2029, reaching a target of $1,000 each, market activity remains stable and Ripple’s price shows little movement.
Currently priced at $2.07, XRP needs a staggering 45,900% increase to meet the expert’s target. Technical analysis indicates XRP is following a descending trend, potentially declining further if market sentiment does not improve.
Despite recent sell-offs, on-chain metrics reveal bullish sentiment among traders, with 66.61% of top traders on Binance holding long positions. Additionally, XRP’s resilience above key support levels suggests a possible rebound.
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