Apr 30, 2025
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XRP Price Holds Above $2 as Analyst Sets $27 Target
XRP price remains above $2, which is a crucial support level. Bullish sentiment prevails as sellers lose momentum across the crypto market. Analysts predict potential significant increases for XRP, with some forecasting double-digit values this bull cycle.
XRP Price Forecasts
- Analyst Egrag Crypto maintains a bullish outlook for XRP, anticipating a price surge despite current struggles.
- Egrag Crypto predicts a "mega green candle" could drive XRP above double-digits.
- Three price targets set by the analyst: $9.5, $17, and $27.
- XRP trading just above $2 indicates it has room to grow toward these targets.
- Community anticipates the launch of XRP ETFs as a potential catalyst for price increases.
- Bloomberg's ETF expert states there is no confirmed launch date for ProShares XRP ETFs, initially rumored for April 30.
