XRP Price Prediction: On-Chain Signals Flash Green – Surge to $3+ Now Locked In
2025-07-08 16:58:20
Main Idea
The article presents a bullish XRP price prediction, suggesting potential for further gains towards the $3 target, supported by on-chain metrics and market catalysts.
Key Points
1. Glassnode data indicates XRP's MVRV Z-Score is around 2.0, below the 3.0 threshold, suggesting room for further upside.
2. Over 40% of XRP holders are in long-term positions, indicating strong conviction for future price increases.
3. Technical analysis highlights a potential mid-term uptrend, with a breakout target at the 2.618 Fibonacci extension around $4.365.
4. A potential catalyst for XRP's price surge could be the U.S. spot XRP ETF decision on October 17.
5. Bitcoin Hyper ($HYPER) is introduced as a Layer 2 solution for Bitcoin, offering Solana-level speed and smart contracts, which could shift focus from altcoins like XRP.
Description
On-chain metrics point to healthy demand, not a blow-off top, with easing volatility creating a more sustainable environment for long-term bullishness on XRP price predictions . Since hitting a local top in mid-May, the altcoin appears to be hitting its stride again with a 20% gain over the past 16 days in a firm mid-term uptrend—now metrics point long-term. With Trump’s tariff letters reopening trade negotiations ahead of the extended August 1 “Liberation Day” tariff pause deadline, the macro n...
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