A former XRP enthusiast has issued a warning about a potential decline in XRP prices, pointing to a technical pattern reminiscent of Cardano's pre-crash consolidation. According to NS3.AI, despite the current bearish indicators and consolidation near its 2018 highs, some institutions, including Standard Chartered, maintain a positive outlook. They predict XRP could reach $8 by 2026, driven by ETF inflows and decreased exchange liquidity.
Analysts are split on XRP's future, with price predictions ranging from below $1.50 in a bearish scenario to as high as $8 in a bullish one. This highlights the market's reliance on demand dynamics and forthcoming catalysts.