The post XRP Price Prediction: BlackRock ETF Approval and Bullish Trends Could Propel XRP to $29 appeared on BitcoinEthereumNews.com.

XRP, the cryptocurrency closely tied to the Ripple network, is at a critical juncture. Price predictions are split, with some anticipating a dramatic collapse, while others foresee an explosive surge to over $29. Recent forecasts, particularly from Bitwise, have reignited discussions around XRP’s future, especially with the impending approval of a U.S.-based XRP ETF. As the market buzzes with speculation, all eyes are on how this key regulatory milestone and ongoing bullish trends could shape XRP’s potential for massive growth. Bitwise Sets Ambitious XRP Price Target of $29.32 by 2030 Bitwise’s projection for XRP’s potential price surge has captured the attention of both crypto enthusiasts and investors. According to the fund manager, XRP could see its value soar to $29.32 by the end of this decade. However, this bullish forecast isn’t without its conditions. To reach this price, XRP would need to gain significant traction in the payments and tokenization sectors. Technical analysis signals a major XRP breakout by March 30, with targets from $3.80 to $29.32 by 2030. Source: MoneyCheck via X “XRP needs to capture a meaningful portion of the tokenization market, especially in real-world asset applications, to see such a dramatic rise,” stated a Bitwise spokesperson. If XRP successfully secures its place in this market, the growth in its market cap could be substantial, bringing it closer to a $29 price tag. A bullish breakout above $3.40 could begin XRP’s journey to the $29.32 milestone. Source: Reeza87 on TradingView In Bitwise’s “maximum scenario,” XRP’s market cap would reach an astounding $2.9 trillion by 2030, surpassing the current market cap of tech giant Microsoft. Bullish Outlook with a Cap at $12.7 In a more tempered outlook, Bitwise’s “bull scenario” predicts a price of $12.7 for XRP by 2030. This scenario hinges on XRP’s ability to maintain steady growth…

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Filed under: News - @ March 27, 2025 7:21 pm