The cryptocurrency universe is boiling over with growing optimism around XRP. Industry experts predict a rise in the price of this digital currency in the coming weeks, although estimates vary considerably. The more conservative analysts forecast a maximum value of $4 per unit, while the more enthusiastic envision a much more exuberant scenario, with a price that could reach $25!
Beyond these predictions, what seems clear is that XRP is preparing for a bullish push, a situation that has not gone unnoticed by market operators. The number of active addresses on the network has experienced a 1.37% increase, reaching a figure of 31,000 users who maintain activity on the chain. Historically, an increase in on-chain activity reflects greater confidence from the market and often precedes a price rise.
Another factor that strengthens the optimistic outlook for XRP is the absence of negative signals or pessimistic sentiment in the technical pattern. Additionally, the market's open interest has shown significant growth in December, accumulating a positive 47.75% and standing around $2.9 billion.