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Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon

  • Crypto analyst Cryptoinsight has predicted that the XRP price could rally to as high as $12 soon, citing fundamental and technical factors.
  • Factors that could contribute to this price surge include recent partnerships, the acquisition of prime broker Hidden Road, and Ripple's acquisition of a payments license in Dubai.
  • Cryptoinsight also mentioned Ripple's potential acquisition of USDC issuer Circle, increasing odds of XRP ETFs approval, and CEO Brad Garlinghouse's discussions on crypto ETFs.
  • From a technical perspective, bullish indicators such as a bull flag forming on XRP's weekly chart were highlighted, suggesting a potential uptrend in the XRP price.

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