XRP: Why Analysts Remain Confident in Future Bull Run

Despite recent market fluctuations that saw XRP dip below $2.15, a prominent proponent of the cryptocurrency has argued against bearish sentiment surrounding the asset. Leading analyst John Squire believes XRP could soon experience a significant price surge, potentially reaching highs exceeding $50 under favorable conditions. While analysts’ bullish predictions are still in play, Ripple Labs’ support and the continued growth of DeFi applications remain key factors driving optimism for XRP’s long-term stability and potential.