As of November 25, 2024, XRP has been facing challenges in breaking through a significant resistance zone between $1.60 and $1.70. Recent analyses indicate that if XRP can surpass this barrier, there is potential for a notable price increase, with forecasts suggesting it could reach up to $2 if bullish momentum is maintained. However, the price remains constrained within this resistance level, highlighting the critical nature of this range in determining its short-term trajectory. Market Reaction and Notable Developments

Analyst Insights: On November 19, an analyst suggested that XRP could potentially hit between $8 and $17 if its market dominance grows to 10-20% of Ripple's projected $5 trillion market cap. Show Less