XRP’s price increase and retraction: XRP soared to 2.9 USD on December 3, experiencing an 18% drop shortly after, primarily due to Bitcoin’s correction. Presently, XRP trades at 2.40 USD, showing a recovery of 6.14%, indicating renewed interest in the asset.
Support levels indicate future growth: KEY support at 1.39 USD may provide the foundation for a bullish breakout. Historical data suggests XRP typically rallies around 224 days post-Bitcoin halving, with recent movements aligning with this pattern.
Future projections and market cap impact: Kenobi anticipates XRP could reach 8.1 USD, propelling market cap to approximately 461.7 billion USD. Following an estimated consolidation, XRP may climb to 11 USD by mid-October 2025.
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