XRP Price Prediction: On-Chain Signals Flash Green – Surge to $3+ Now Locked In

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.