| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107310.8200000000 |
| ETH | $2435.0310000000 |
| BNB | $648.0195800000 |
| XRP | $2.1844010000 |
| ADA | $0.5652131000 |
| SOL | $150.8402000000 |
| DOGE | $N/A |
| DOT | $3.4057100000 |
| LTC | $86.2762000000 |
| LINK | $13.3665400000 |
Category: CRYPTO NEWS
The post $100 Price for Ripple (XRP) is Very Possible, Just Not Imminent: Here's Why appeared on BitcoinEthereumNews.com. The crypto market started the year strong, with one of its best performers being Ripple (XRP). This incredible rally saw the coin hit a peak of $3.34, as analysts called for a possible $100 milestone. With the market declining, the XRP price has shed over 30% of its gains. Despite the bearish sentiment, XRP might still hit the $100 target, just not as fast as predicted earlier. Here is why. XRP Price Outlook: Is a Big Rally Incoming? XRP trades at $2.55, up 13% in the last 24 hours. The recent increase came after Ripple CEO Brad Garlinghouse said the SEC would soon withdraw its four-year-old case against the business. This gain is notable progress from its recent unconvincing performances as it breaks out of the range between $2.20 and $2.38. On March 11, XRP plunged to $1.96, its lowest price in three months. This volatility shows that XRP still has transient problems, even if its bullish potential is shining. XRP Price Chart (24-Hour), Mar. 19, 2025 | Source: CoinGecko With the legal battle over, experts are revisiting the potential for XRP to hit $100. While this forecast might not be false, achieving such a fit in the near term seems rather implausible. Why XRP to $100 Might Not Be Ready Anywhere Soon XRP has bullish long-term price potential, but for a number of reasons, the $100 level might not be attained too soon. The restriction on market capitalization is the key culprit. Given the current size of the crypto market, reaching $100 with XRP’s expected 50 billion token circulation would provide a ridiculous $5 trillion market cap. Even with a breakthrough in XRP ETF approval or an SEC success, the road to such a high price target is complicated by regulatory constraints and the general health of the market.…
2025-03-29T03:33:21+00:00