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XRP ‘distribution’ phase does not change $30 price target: Analysts

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 64 Views

XRP analysts are still confident of a bullish continuation with targets from $10 to $30 for cycle tops, fuelled by multiple tailwinds.

XRP’s (XRP) price fell 44% to $2.06 from its multi-year high of $3.66 reached on July 18, before recovering to current levels around $2.43. Is it finally headed for a deeper correction, or is there a more substantial rally in the cards?

Key takeaways:

XRP’s macro outlook is bullish, with some predictions calling for a $30 top.

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