Ripple (XRP) is one of the leading crypto tokens that has lately been carving its independent price trajectory. The token is gearing up to launch its stablecoin while inviting a massive user influx, making it one of the trending crypto tokens to explore. Here’s how high XRP may surge this weekend as the token gains immense value and attention.
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The Ripple Ecosystem: What’s Happening
XRP is currently one of the most noteworthy tokens to explore at the moment. Ripple is all set to launch its own stablecoin, RLUSD, a credible development that has been gaining steady traction as of late. The token is also expected to recover its lost valuations as the US political domain considers a dramatic shift by appointing a pro-crypto Paul Atkins as the new SEC chair.
The change in the US political regime is crucial for XRP, as it could lead the token to finally end its yearlong spat with the SEC. The fact that it may liberate XRP from any further restraints can help the token soar higher than predicted timelines.
The token is also gaining momentum due to the array of consistent ETF applications that XRP is currently a part of. Financial giants like Bitwise and Canary have already filed for XRP ETFs, which can be approved once the US regime changes in January 2025.
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From the price perspective, XRP is predicted to hit $3 very soon, with increased whale activity signaling a brewing surge in the mix.
The Token’s Price Forecast For The Weekend
Per CoinCodex, Ripple (XRP) may surge to hit a stable price mark of $2.21.
By the end of December 2024, the token may sit at $2.04, dropping 9% in the process.
“According to our current Ripple price prediction. The price of Ripple is predicted to drop by -9.54% and reach $ 2.04 by January 10, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 78 (extreme greed). XRP recorded 18/30 (60%) green days with 40.60% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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