Posted 11/21/2023, 4:47:00 PM
Banks Pour $10B into Crypto; XRP Price Could Surge Over 40% on Bullish Outlook and Regulatory Clarity
- Banks have invested nearly $10B in crypto assets, with 2% exposure to XRP (~$205M)
- XRP price could rise 42% to $0.83-$0.85 range in near term due to bullish setup
- XRP projected to hit $1.05, $1.88 short term; $4.20, $7.20, $470 long term based on past breakouts
- Analysts expect average XRP price of $1.50 in 2025 and $22.65 in 2032
- XRP removed from SEC's securities list, putting it in same category as BTC and ETH