This is why XRP may need 3 more years to reach its next peak: Analyst.
XRP may not reach another cycle high until around June 2029, based on a 1,400-day average gap between previous highs identified by analyst ChartNerd.
The token has experienced significant price declines, with a current decline of over 71% in this cycle, and historical corrections of up to 96% in previous cycles raise fears of further declines.
ChartNerd suggests a short-term stabilization zone between $1.16 and $1.04, with potential long-term targets of $5 to $8, influenced by renewed demand for institutional ETFs despite recent outflows from XRP ETFs.