"The price of XRP is likely to fluctuate between $0.50 and $0.80 by the end of the year, but much of this forecast depends on regulatory developments and sentiment changes, especially in the US market," Ryan Lee, chief analyst at Bitget, said in a note on October 18.
He believes that this hesitation could lead to short-term price volatility for XRP as the market awaits more concrete results.
Analysts: Market Waiting for "Concrete Results" XRP May Face Volatility
2024-10-19 00:51:54
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