Experts predict a major XRP price breakout as the Dollar Index trends lower, with analysts eyeing a potential surge toward $6. Historical correlations between the DXY and XRP price suggest a significant rise when the DXY drops.
The correlation analysis emphasizes that when the DXY falls sharply, the XRP price tends to increase. This phenomenon has been observed three times: early 2018, mid-2021, and late 2024.
Source: coincentral.com