Despite its current distribution phase, analysts predict XRP’s price target remains firmly set at $20. Current price trends indicate a potential rise to $4, while recent pullbacks may reflect historical market behavior leading to major upward movements.
XRP is witnessing a significant drop from its July 18 high, settling around $3.00. Analysts suggest two primary scenarios: either a historical pattern of distribution followed by a breakout or continued distribution, both suggesting a bullish future for the altcoin.
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