XRP ‘distribution’ phase does not change $30 price target: Analysts
XRP analysts are still confident of a bullish continuation with targets between $10 and $30 for cycle tops, fuelled by multiple tailwinds.
XRP’s (XRP) price fell 44% to $2.06 from its multi-year high of $3.66 reached on July 18, before recovering to current levels around $2.43. Is it finally headed for a deeper correction, or is there a more substantial rally in the cards?
Key takeaways:
XRP’s macro outlook is bullish, with some predictions calling for a $30 top.
