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There’s Silver Lining for XRP Bulls Following 6% Plunge
Despite a recent decline of 6%, there are still reasons to be optimistic about the future prospects of Ripple (XRP). However, this drop in price was not enough to reignite XRP’s momentum. The token is still 36.3% from reclaiming its record high that was achieved in early 2018. It came close to reaching a new record peak in early December but fell short.
However, there are some bullish catalysts that could potentially reignite the XRP rally in 2025. These catalysts include the SEC’s newfound crypto-friendliness and the growing XRP ETF buzz.
As stated by Alex Dovbnya, a cryptocurrency expert, trader, and journalist with extensive experience covering the industry, “there are some bullish catalysts that could potentially reignite the XRP rally in 2025. These catalysts include the SEC’s newfound crypto-friendliness and the growing XRP ETF buzz.”
While it is difficult to predict the future performance of any asset, there are still reasons to be optimistic about XRP’s potential long-term upside.
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Source: u.today
