Ripple: Why Race to XRP ETF Could Have It Eyeing $5
Amid new XRP ETFs being filed, Ripple’s native cryptocurrency is picking up steam after a period of consolidation. Many institutional experts are expecting big things from XRP if an ETF arrives this year. After a solid start to the year, the growing popularity amongst XRP ETFs is sending the asset higher. As a result, price predictions are being revised, with some seeing the asset hit as high as $5. JPMorgan had said earlier this year that an XRP ETF could attract $8 billion in net inflows. Such an achievement would surely benefit the asset’s individual price. With this potential surge, price predictions from several market analysts are coming in higher. One of those comes from crypto analyst Egrag Crypto, who is looking long-term at a 1,000% surge for Ripple’s XRP. Crypto Analyst Predicts XRP Outperformance, Surging Past $5 EGRAG Crypto notes that the Bull Market Support Band (BMSB), a moving average, indicates that the previously mentioned increase could take place within ...