XRP's Price Stagnates Despite Legal Wins, Bitwise Predicts 2030 Range From $0.13 to $29.32

XRP, the cryptocurrency associated with Ripple, has shown minimal price movement despite recent legal victories. The 3-day chart indicates a bearish trend, with the token oscillating between support and resistance levels without significant bullish momentum. The resistance levels are identified at approximately $2.50 and $2.56, with further resistance between $2.65 and $2.80. This sideways movement is expected to persist unless a substantial breakout or breakdown occurs.

In the shorter 8-hour time frame, XRP is currently experiencing a pullback, which could test support levels between $2.24 and $2.30. If the price falls below this range, the next significant support zone would be between $1.95 and $2.05. This price action reflects a lack of strong directional momentum, with both bullish and bearish movements occurring intermittently.

Bitwise, a cryptocurrency fund manager, has provided a range of price predictions for XRP by 2030. In an optimistic scenario, Bitwise suggests that XRP could reach $29.32 if it captures a significant share of the payments and tokenization markets. This would result in a market capitalization of $2.9 trillion, surpassing that of major corporations like Microsoft. In a more moderate "bull" scenario, XRP could reach $12.70 by 2030 if it grows steadily, although it may face challenges in these markets. Conversely, in a pessimistic "bear" scenario, if XRP struggles to gain traction and institutional support wanes, its price could drop to as low as $0.13.