XRP remains below a critical resistance level for over a month, causing concern among investors. This sustained period of stagnation has led to decreased participation in the market, as well as an increase in exiting positions, reflecting a growing bearish sentiment.
Analysts spot a bull flag on XRP’s weekly chart. A rebound could see prices target $8.67 soon. Key levels between $2.03 and $2.17 support this Optimism. Some forecasts are even more bullish, seeing a surge to $15 by mid-2025, emphasizing latent market potential.