This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Analysts are forecasting a major rally for XRP, with price targets as high as $6, driven by technical indicators and a correlation with the U.S. Dollar Index (DXY). The recent passage of the GENIUS Act has further fueled optimism, pushing XRP past $3.
- XRP's price historically surges when the U.S. Dollar Index (DXY) declines, as seen in 2017-2018 and 2021.
- The GENIUS Act's passage has boosted XRP past $3, with potential benefits for Ripple's RLUSD stablecoin.
- Analysts like Ali Martinez predict XRP could reach $6, supported by technical setups and improving market sentiment.
📎 Related coverage from: crypto-news-flash.com