Ripple (XRP) has been consolidating for four weeks after reaching its 2024 high of $2.90 on December 3. This current retracement and rangebound movement appear similar to its 2017 pattern. Should history repeat itself, XRP's price might soar to $20 by January 31, 2025.
The introduction of the Ripple ETF also plays a crucial role in affecting XRP's short-term price outlook. Factors such as market conditions and investor interest in the ETF could drive significant movement in XRP's price action as it approaches the new year.
Дереккөз: coingape.com ↗