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Based on EGRAG CRYPTO's recent analysis, XRP's recent decline is indeed under significant pressure. He pointed out that if the bear market continues, the price could drop to the $1.2-1.4 range by the end of the year. Currently, the price is around $1.31, which is already close to that level. However, I quite agree with EGRAG CRYPTO's view that this kind of correction actually presents a good buying opportunity.
The key point is that XRP-ETF has been experiencing continuous capital inflows this year, with over $100 million coming in since January, indicating that institutions are still optimistic. The price is holding above the support level at $2 , so a sharp decline in the short term is unlikely. EGRAG CRYPTO is long-term bullish on the development of the XRP Ledger ecosystem, believing it could surge to $10+ in the future. At the current price, the potential upside for buying at the bottom is indeed significant.