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XRP to $3 in March Still Possible, But There’s a Catch
Despite the recent Securities and Exchange Commission (SEC) lawsuit appeal being dropped, XRP proponents believe that institutional investors may now feel more comfortable committing funds to the asset. Additionally, the pending ETF filings could receive regulatory approval, potentially increasing its long-term value.
As a result, XRP has been showing resilience in the market downturn over the last 30 days and is currently indicating strength with its technical indicators. Specifically, the asset’s 23-day moving average has crossed above the 50-day curve from below, often signaling an upward trend.
While some market observers remain cautious about their optimism, this development could potentially lead to XRP reclaiming $3 in March.
However, there are no guarantees in the crypto space, and it is crucial for investors to be aware of any potential risks before making decisions.
Source: https://u.today/xrp-to-3-in-march-still-possible-but-theres-a-catch
