XRP at $2.20: Analyst Highlights Potential for Price Surge
- Crypto analyst “J4b1” suggests buying XRP at $2.20 is timely, based on historical price action and Ripple’s strategy.
- Ripple releases 1 billion XRP monthly from escrow but sells only a fraction, stabilizing the price.
- XRP market cap stands at $125 billion.
- Over 300,000 addresses now hold at least 10,000 XRP, up from around 281,000 in December 2024.
XRP’s stable price around $2.20 is attributed to Ripple’s controlled release strategy and growing interest from large holders, suggesting potential future price increases.
Source (2.6)https://www.newsbtc.com/altcoin/xrp-at-2-20-analyst-insists-its-not-too-late-to-get-in/?rand=52377
