John Bollinger and Peter Brandt Share XRP Outlook Amid 12% Price Surge
XRP surged 12.3%, prompting technical analysts like Bollinger and Brandt to share cautious outlooks amid rising institutional interest.Summary
XRP experienced a 12.3% price surge over the past day, contributing to nearly 30% gains in January, solidifying its position as the fourth-largest cryptocurrency. Market experts offer divided opinions on its future. John Bollinger noted XRP's pattern is weaker compared to BTC and ETH, suggesting it remains reactive to the broader market. Peter Brandt is observing XRP within a $1.5 to $3.5 range, awaiting a breakout to confirm a trend. Despite this caution, bullish sentiment exists, with some analysts forecasting significant outperformance against Bitcoin and potential price targets up to $7. Furthermore, institutional interest remains strong, evidenced by uninterrupted inflows into XRP ETFs, pushing total net assets to $1.65 billion, and a 500% surge in fund inflows in 2025 compared to 2024.
(Source：BeInCrypto)