XRP U-Turn: Ex-Critic Reveals 4 Reasons To Buy And A Price Target
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Crypto analyst CryptoCondom (@crypto_condom) has shifted his stance on XRP after analyzing Ripple's lawsuit with the US Securities and Exchange Commission (SEC). He lists four key reasons for his newfound bullish outlook: the lawsuit's resolution clarifying XRP's regulatory status, potential listing of XRP futures on major exchanges, the possibility of an XRP ETF, and a potential Ripple IPO depending on the regulatory environment. Despite this optimism, @crypto_condom is cautious about XRP's price potential, predicting it might reach near $1 but dismissing the possibility of hitting $10. This viewpoint contrasts with more bullish community expectations, emphasizing careful optimism.
Source: www.newsbtc.com ↗
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