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XRP Big Move Could Shock Doubters Who Believed XRP Would Stay Low Forever: Pundit ...Middle East
XRP might be on the verge of a major run that could take many by surprise, especially those who've grown doubtful after watching its price hold steady for a while. According to crypto commentator Xena, investors who ignore the bigger picture risk missing out, as they focus too much on the lack of immediate price movement instead of the steady progress behind the scenes. She mentioned this while highlighting a recent report by TheStreet. The report called attention to growing institutional interest in crypto, and XRP in particular. It featured comments from Ripple CEO Brad Garlinghouse, who mentioned why crypto ETFs have gained so much traction lately. XRP Price Stagnant Despite Bullish Fundamentals He explained that for years, big-money investors, like pension funds and endowments, had no easy way to access digital assets. Their only options were either to hold crypto themselves or go through exchanges, neither of which suited traditional firms. Crypto ETFs changed that, opening the door for Wall Street to get involved in a more familiar and regulated way. Garlinghouse also pointed out that the rise of these ETFs is helping to bring more structure and legitimacy to the entire crypto space, much like gold ETFs did in the past. In recent weeks, several XRP-related investment products have hit the market. These include futures-based ETFs from firms like Teucrium Investment Advisors and Volatility Shares, as well as XRP futures on the Chicago Mercantile Exchange. Although none of these are spot ETFs yet, nine such applications are still waiting for approval, showing growing momentum in XRP's corner. XRP Run Could Shock Those Who Believed Price Would Remain Low Despite this, XRP's price has remained relatively stable, currently trading around $2.30. Xena's take comes against this backdrop. She expressed disbelief that so many people can't see what's happening right in front of them. In her view, the market isn't reacting to news like it used to, as strong developments don't lead to instant price jumps anymore. She pointed out that this is not just the case with XRP but with most major cryptocurrencies these days. Xena believes this lull has deceived people into thinking XRP will always stay this low. She strongly disagrees. To her, the ongoing changes, especially the growing role of institutions, are setting the stage for a big move. According to her, when XRP finally takes off, people who dismissed it now will be the ones wondering how they didn't see it coming. She suggests they will look back and realize the clues were there all along, they just didn't believe it. Bullish XRP Price Projections Her view echoes bullish projections from other market commentators. For instance, market analyst EGRAG Crypto has persistently championed a possible XRP rally to $27, citing several technical catalysts, including XRP's potential to repeat its historic 2017 performance. In addition, more ambitious price targets such as $100 and $1,000 have even emerged. Interestingly, community commentator BarriC believes XRP could surge to $100 this year. Last month, Matthew Brienen, the CryptoGuard COO, projected that XRP could hit $1,000 in the next 10 years. However, several investors remain skeptical, with most of them calling attention to the upsurge required for these targets and the market cap implications. Despite this, Individuals like Xena believe these skeptical investors would face the biggest shock when XRP claims some of these lofty prices
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