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XRP News: Bitwise Forecasts XRP Price to Reach $29.32 by 2030 Amidst ETF Approval Expectations

XRP News: Bitwise Forecasts XRP Price to Reach $29.32 by 2030 Amidst ETF Approval Expectations

Author:
XRP News
Published:
2025-03-27 19:05:38
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In the world of cryptocurrencies, predictions and forecasts are often the subject of heated discussions. Recently, Bitwise has made waves with its ambitious price target for XRP, hinting at a potential surge in the digital asset’s value. With the impending approval of a U.S.-based XRP ETF, investors and enthusiasts alike are buzzing with excitement about what the future holds for XRP.

XRP Price Prediction: BlackRock ETF Approval and Bullish Trends Could Propel XRP to $29

Recent forecasts from Bitwise have reignited discussions around XRP’s future, particularly with the impending approval of a U.S.-based XRP ETF. This key regulatory milestone and ongoing bullish trends could shape XRP’s potential for massive growth. Bitwise has set an ambitious XRP price target of $29.32 by 2030, capturing the attention of both crypto enthusiasts and investors. However, this forecast is conditional, as XRP would need to gain significant traction in the payments and tokenization sectors to reach this price.

Ripple vs SEC: XRP Lawsuit Closure Expected Within 60 Days

Ripple’s lawsuit with the SEC is still ongoing despite the withdrawal of both parties’ appeals. Legal expert Fred Rispoli confirmed that the case is moving toward a formal resolution. Before the case officially closes, the SEC must still vote internally and file a motion to lift the injunction. Ripple decided to drop its appeal after the SEC terminated its appeal last month. The lawsuit has entered its final phase but remains unresolved, with a final resolution expected in the coming weeks.

XRP News: XRPTurbo ($XRT) Set To Ignite XRP Bull Run

The XRP Ledger is heating up, and all eyes are now on XRPTurbo ($XRT), a next-generation launchpad that just might become the XRP ecosystem’s biggest DeFi breakout. With over 250,000 $XRP raised in its ongoing presale and less time remaining, XRPTurbo is emerging as a major force in Ripple’s rapidly evolving post-SEC victory narrative. As XRP gains traction and shakes off regulatory uncertainty, XRPTurbo aims to become the platform enabling the next wave of DeFi and AI-driven innovations on Ripple’s ultra-fast blockchain.

XRP Price Set For $2? Chart Signals Bearish Move

Amid the ongoing market uncertainty, the XRP price failed to sustain its recent breakout above the descending trendline and a crucial horizontal level of $2.40. The price’s fall below this key level has once again shifted market sentiment, and it appears to be forming a bearish price action pattern. According to CoinPedia’s technical analysis, XRP remains in an uptrend as it continues to trade above the 200 Exponential Moving Average (EMA) on the daily timeframe. However, falling below the key $2.40 level has now paved the way for a potential drop to $2 in the coming days.

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