. XRP price It’s in the spotlight again as the crypto analyst has split his short-long-term predictions for the third-largest Altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20.

XRP long-term to short-term price forecast

According to a crypto analyst identified as “XRP Meesku” on X (formerly Twitter), XRP price is poised remorsefully for the modern one ATH’s long-term goal $20. The analyst’s public outlook on the token is driven by its novel potential, as advanced developments and technological advancements tend to drive price increases in cryptocurrencies.

Especially an analyst revealed that there is speculation as to which XRP may be crucial in domestic banking. He emphasized that there have been many discussions suggesting that Altcoin could be used as a potential base layer for the United States (US) banking system. If that happens, maybe that’s it Significant growth and adoption for XRPpotentially positioning it as a “global asset gaining traction.” Additionally, it could trigger a price boost of $20 ATH per Altcoin.

On Meex’s XRP time frame, he predicts that the altcoin could potentially reach $8 before attempting to break through Top cycle. He reveals that his bullish view on XRP has been influenced by factors such as modern financial products such as futures and ongoing legal challenges with the US Securities and Exchange Commission (SEC). Based on his analysis, the crypto expert suggests that solving these problems may trigger Price rally.

Finally, the analyst shared Brief-term price forecast for XRPemphasizing that the Altcoin is expected to experience significant volatility, leading to price fluctuations. Due to its piercing upside potential, I predict that a rally to $3.60 or higher was possible. Additionally, an expert in market X mentioned growth Significant liquidation trendsemphasizing that traders can go long after being forced to close due to market fluctuations.

Influential factors driving price increases

While Meex’s XRP splits its long-term bullish XRP price forecastThe analyst also outlines some bullish moves that could lead to a potential rally for the cryptocurrency. According to a crypto expert, the XRP market has seen a lot of activity lately, with Despite price stabilization Spines in whale activity.

Looking at the past performance of the asset, the analyst mentions significant ones move of $62 million to various crypto exchanges – a move that could potentially be seen as a strategic sell signal for whale repositioning. In addition CME Group suggested introducing XRP futurespaving the way for institutional adoption and involvement in cryptocurrency.

Additionally, the analyst delved deeper into Lawsuit between Ripple and the SEChighlighting discussions about potential settlements and the end of a nearly four-year legal battle. Despite the drama of the lawsuit, a crypto expert revealed that the overall sentiment for XRP remains bullish Design for greater growth in the future.

He revealed that XRP is showing signs of price recovery and may hit modern ATHS soon. Additionally, its community remains alive and busy, sharing updates ongoing fraud threatskey events and much more.

Featured image from Adobe stock, chart from TradingView.com