XRP Price: Is a 70% Rally Possible Ahead of Coinbase Futures Launch?

Despite a significant drop of nearly 40% since hitting its multi-year high of $3.40 three months ago, XRP (XRP) is attracting attention from analysts who see potential for bullish gains in the coming months. This optimism stems from several factors, including the anticipated launch of XRP futures contracts on Coinbase Derivatives platform, scheduled for April 21 under the US Commodity Futures Trading Commission’s (CFTC) oversight. This development could inject fresh liquidity and institutional interest into the market, potentially driving the price beyond its current levels.