XRP price shows potential: Currently consolidating around 2 USD, XRP has surged 500% recently, indicating strong market interest. The technical analysis signals that this consolidation is a precursor for a larger breakout in price, establishing a bullish trend.
Market cap projection: If XRP achieves the targeted 22 USD, its market cap could climb from 137 billion USD to approximately 1,260 billion USD. CrediBULL emphasizes that historical patterns suggest significant price movements are imminent.
Focus on long-term potential: Despite short-term fluctuations perceived as noise, the long-term outlook for XRP remains strong. CrediBULL urges investors to observe overall market trends rather than getting swayed by individual price movements.