Crypto analysts Amonyx and Egrag Crypto forecast a bullish trend for XRP, suggesting that "something big" could trigger a major price surge. Amonyx sees potential for a rally to $75, mirroring XRP's historical increase in 2017.
Much of the optimism is fueled by potential XRP ETFs from Bitwise and Canary Capital, which could attract more institutional investors, driving the price higher. Short-term predictions also advocate for notable gains, as per Amonyx's analysis.
Egrag Crypto advises monitoring the $0.61-$0.62 range as XRP's breakout target, predicting a significant price shift within 15 to 30 days. Despite previous struggles to surpass the $0.60 mark post-lawsuit, there's a strong belief in an impending breakout.
Currently, XRP's price stands at around $0.55, gaining over 3% in the last day, reinforcing positive market movement.
