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XRP Price Prediction: BlackRock ETF Approval and Bullish Trends Could Propel XRP to $29
- Bitwise predicts XRP could reach $29.32 by 2030, contingent on its growth in payments and tokenization sectors.
- A breakout above $3.40 could set XRP on the path to the $29.32 milestone according to technical analysis.
- In Bitwise's 'maximum scenario,' XRP's market cap would surpass $2.9 trillion by 2030, exceeding Microsoft's.
- Bitwise's 'bull scenario' estimates XRP could hit $12.7 by 2030 if it maintains steady network growth.
- BlackRock's potential XRP ETF approval is seen as a game-changer, likely attracting institutional investment.
- XRP's technical charts show both bullish and conservative trends, with resistance at $2.48 and support at $2.36.
- Ripple's progress in the U.S. financial sector and BlackRock's involvement hint at significant price appreciation for XRP.
- Analysts suggest 2025 could be a turning point for XRP, especially if the XRP ETF gains regulatory approval.
- Amidst increasing institutional interest and positive market indicators, XRP's potential for a surge to $29 remains plausible.
- The approval of the XRP ETF and ongoing partnerships are key factors that could shape XRP's future price trajectory.
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