XRP Price Forecast: Will It Reach $4.50 Again?

Analysts are predicting a potential surge for XRP, reminiscent of its 2017 bull run. They highlight the current price movement mirroring the pattern seen in 2017 and suggest a breakout toward $4.50 or higher, driven by factors like DeFi growth and increased institutional interest. Key support levels at $2.47 and $2.94 are crucial to XRP’s trajectory, potentially leading to further upside if held. A successful move above the $2.94 resistance could indicate a stronger uptrend for XRP. However, volatility is currently high and needs to be monitored as Bitcoin’s movements play a significant role in XRP’s price.