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I remember, a year and a half ago, everyone was saying that XRP would never return to the dollar again. They said to forget about that level. And now, look what happened — in November last year, it broke $1, in January it was already at $3, and right now it’s trading around $1.45. Crazy volatility, honestly.
Many analysts are now discussing that the bottom might be somewhere around $1.20-$1.30. Some talk about a rebound to $4, others are even looking at double-digit levels — a target price of around $10. I listen to different opinions: some see this as a consolidation phase after a 70% drop, others warn that there might be another test around $1.
An interesting point — people often regret not buying Bitcoin at a thousand or XRP at a few cents. Maybe now is just such an opportunity? Some recommend positioning slightly above critical levels so as not to catch the exact bottom, but simply to avoid missing the reversal. They forecast growth to $7 at least in the next phase.
The overall sentiment is shifting from fear to cautious optimism — historically, this is just before serious rallies. Let’s see what happens next.