XRP Price Could Surge to $12, Analyst Predicts
- Crypto analyst forecasts XRP price may rise to $12 due to fundamental and technical factors.
- Dubai Land Department’s tokenization platform on XRP Ledger is a potential catalyst for the price increase.
- Ripple’s acquisition of prime broker Hidden Road could enhance XRP Ledger utility.
- Ripple has obtained a payments license in Dubai, potentially boosting XRP value.
- XRP trading at approximately $2.30, down nearly 2% in the past 24 hours.
The crypto analyst highlights several developments, including new partnerships and acquisitions by Ripple, as key drivers that could propel the XRP price to $12. Currently, XRP is trading around $2.30.
Source (2.6)https://www.newsbtc.com/analysis/xrp/xrp-could-shoot-to-12-soon/?rand=52377
