📈 XRP Surges Post-Election but Faces Setback
Following Donald Trump’s US presidential election win, XRP skyrocketed with gains exceeding 420% on a monthly scale, reaching a multi-year peak of almost $3. However, the momentum faded, and XRP is now down 11% for the week, struggling to reclaim $2.4.
📉 Short-Term Decline Expected
XRP has lost its third spot in market cap to Tether. Analyst Ali predicts a further short-term decline, with $2.25 acting as a critical support level. A drop below this could signal additional losses.
🚀 Long-Term Optimism Remains Strong
Despite short-term struggles, Ali is highly bullish on XRP’s long-term potential. He anticipates a rebound from $2.25, leading to a new all-time high of $4.4, pushing XRP’s market cap above $250 billion.
🌟 Future Targets: $8.4 and Beyond
The analyst has set ambitious future targets, including a ‘conservative’ $8.4 and an extraordinary $48.12. These predictions suggest XRP could achieve massive growth in the current cycle, sparking speculation about its potential to surpass Ethereum (ETH) in market cap.
⚖️ Key Levels to Watch
For now, $2.25 remains a crucial support level. If XRP rebounds, it could pave the way for long-term gains, reaffirming its position as a major contender in the crypto market.
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