Crypto Proponent: Won’t Take Long for XRP to be Above $3 Again
2025-07-16 16:10:06
Main Idea
Crypto advocate Edo Farina predicts XRP will soon surpass $3 again, supported by institutional interest and technical indicators.
Key Points
1. Edo Farina, a well-known XRP supporter, confidently stated that XRP will rise above $3 again soon, reflecting growing optimism in the market.
2. XRP briefly surpassed $3, a key psychological and technical resistance level, with analysts suggesting a confirmed close above this mark could trigger further bullish momentum.
3. The approval of ProShares’ XRP futures ETF, set to launch on July 18, is expected to bring institutional capital into the XRP ecosystem.
4. On-chain data shows increased whale activity, including a multi-million XRP transfer to Coinbase and a record number of wallets holding over 1 million XRP tokens.
5. Analysts identify a rare 'fulcrum' pattern in XRP's price action, with forecasts ranging from $3.40 to $4.80 if the $3 resistance is decisively broken.
Description
Edo Farina, a well-known crypto advocate and dedicated supporter of XRP, recently shared a confident outlook on X, stating, “Won’t take long for $XRP to be above $3 again.” His comment reflects the growing optimism in the XRP community, especially after the digital asset recently reclaimed the $3 level, only to dip slightly below it in what many analysts consider a healthy retest before the next leg upward. As of now, XRP is trading around $2.96, having pulled back modestly from a recent high ne...
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