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CME Exchange Prepares XRP Futures Launch as Analysts Weigh Short-Term Bearishness Against Long-Term Bull Case
CME Exchange Prepares XRP Futures Launch as Analysts Weigh Short-Term Bearishness Against Long-Term Bull Case
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CME exchange News -
XRP’s price faces downward pressure as CME gears up to launch futures contracts on May 19. Currently trading at $2.56, analysts forecast a 22.23% drop to $1.89 by month-end. This short-term bearish outlook contrasts with growing institutional interest and heightened market volatility.
Long-term projections remain bullish. Analyst DK64Trades suggests XRP could surpass $10, potentially achieving a $1.04 trillion market cap if it regains historical dominance levels. Capt Toblerone’s more aggressive forecast places XRP at $22 with a $1.25 trillion valuation, assuming a $35 trillion total crypto market.
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