XRP analysts highlighted the potential for a sustained price rally, fueled by strong institutional demand and a strong technical structure.
XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors.
Key takeaways:
Institutional demand for XRP investment products has been strengthening, according to data from CoinShares.
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