XRP Eyes $4 Surge as CME Futures Enter the Game—Or Is This Just Another Crypto Hype Cycle?
Chicago Mercantile Exchange’s XRP futures launch sparks bullish speculation—can institutional interest finally push the embattled token to $4?
Market watchers split: Some see liquidity injection fueling a rally, others smell déjà vu from 2021’s empty promises.
Pro tip: If Wall Street starts ’discovering’ crypto again, check your wallet—not your FOMO.
XRP Price Prediction: XRP Could Rise to $3.2 as Bullish Structure Holds Up
XRP’s daily chart shows that the token has been struggling not to break its bullish structure as the selling pressure was quite strong as it hit $2.6.
The token’s short-term exponential moving averages (EMAs) indicate that XRP has entered a period of consolidation but it is still on an uptrend as the price is above the 200-day EMA.
Based on the size of the descending triangle that XRP broke out of, the price could rise to a first target of $3.2.
However, momentum indicators have been trending lower and the 9-day EMA is threatening to move below the 21-day EMA, which WOULD confirm a bearish short-term outlook.
In case this ‘death cross’ occurs, the price could drop to the $2 level as there seems to be little liquidity at current levels to propel XRP higher.
A MOVE toward the $2 area could draw buyers and draw the necessary fuel to push XRP to $3 and beyond.
Although the upside potential that XRP offers at the moment seems limited, the best crypto presales of the year like Solaxy (SOLX) offer significant gains to early buyers who scoop up this token at its heavily discounted price.
Solaxy (SOLX) Solves Solana Congestion Issues By Launching a Powerful L2
Solaxy (SOLX) was conceived to solve the congestion issues that have plagued Solana’s operational efficiency in the past, especially during peak usage periods.
The Solaxy L2 functions as a side chain where transactions are bundled offline before they are sent to the mainnet. This alleviates the latter’s burden and increases its efficiency and scalability.
The project’s L2 and a token bridge testnets have already been launched along with a block explorer so investors can check how Solaxy is performing.
$SOLX is the L2’s utility token. Its demand will skyrocket once the solution is embraced by top wallets and exchanges. Hence, at its discounted price of $0.001736, this token could deliver significant gains to early buyers.
To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to invest.