XRP Price Dips Below $2 Amid Institutional Integration and Long-Term Growth

XRP recently fell below $2 due to significant selling pressure, hitting lows around $1.92. This decline coincided with volatility in major assets like Bitcoin. Despite this, some analysts believe the dip is not alarming.

An analyst, @WillyWonkaXRP, argues that XRP's long-term potential remains intact, citing institutional involvement and regulatory advancements.
XRP's transition includes regulation, banking partnerships, and increased utility, with Ripple's network expanding to over 300 banking partners globally.
Recent developments such as Ripple’s Liquidity Hub, RLUSD expansion, and potential Spot XRP ETFs indicate ongoing institutional integration.
The price drop to $1.88 is part of a long-term pattern, showing accumulation ranges and resistance retests rather than trend breakdowns.

XRP's Potential Path to $20

Reaching $20 would require technical advancements and sustained institutional participation, raising market capitalization to approximately $1.2 trillion.
XRP must maintain a price above $2 to sustain any long-term upward trajectory.
Factors like ETF inflows, RLUSD growth, and greater RippleNet adoption could boost demand and buying pressure for XRP.

Currently, XRP trades at $2.07, marking a 2.4% increase over the past 24 hours.