to leave a comment.

▲ XRP
A prediction has been made that as the price of XRP has been suppressed for a long time, its future rise will be proportional to the 'waiting time' of investors.
The cryptocurrency specialized media The Crypto Basic reported on May 2 (local time) that within the XRP community, an analysis emerged suggesting that the longer the patience period of long-term holders, the greater the reward could be when the price rises in the future.
This outlook was triggered by a strong bullish scenario presented by the market research platform Sistine Research. The institution set long-term targets, suggesting that Bitcoin could rise to a maximum of $370,000, and XRP to a level between $37 and $50.
Regarding this, XRP community influencer Digital Asset Investor offered the view that the XRP price "will be determined by how long investors have waited," rather than simple technical factors.
This perception is linked to the fact that XRP has been tied up in regulatory uncertainty for a long time in the past. The view that price increases have been limited by regulatory issues in the United States is widespread in the market, and with growing expectations for improvements in the regulatory environment recently, investor sentiment is also showing a recovery.
Notably, XRP still remains about 64% below its all-time high, and it is characterized by a significant number of investors continuing to hold despite long-term price stagnation.
Meanwhile, in the market, expectations continue that XRP could see a significant long-term rise if institutional adoption expands and regulatory easing occurs simultaneously. However, uncertainty still exists regarding the specific timing and feasibility.
*Disclaimer: This article is for investment reference only and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
Newsletter
Get key news delivered to your email every morning
to leave a comment.