Interestingly, although XRP has now entered the so-called “distribution phase”, analysts are still maintaining a target price of $10-$30. This seems contradictory, but it is quite normal in the crypto world — the distribution phase is not actually a signal of a Bear Market, but rather a consolidation phase within a larger cycle.
Simply put: Accumulation → Rise → Distribution → Continue Rising, XRP is currently stuck at the third step, which does not mean the story is over.
What is the real catalyst? The expectation of the US spot XRP ETF. With BTC and ETH already in place, it's only natural for XRP to be the next one to join. Plus, with Ripple's previous settlement with the SEC, institutional interest is heating up, and liquidity could be very strong.
On-chain data and chart patterns still support further increases; the key is whether it can break through the recent resistance level. The current consolidation may just be the final shakeout—if we get through this, we will take off.
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Is XRP still in green? Analyst: Don't be scared by the "PI" period.
Interestingly, although XRP has now entered the so-called “distribution phase”, analysts are still maintaining a target price of $10-$30. This seems contradictory, but it is quite normal in the crypto world — the distribution phase is not actually a signal of a Bear Market, but rather a consolidation phase within a larger cycle.
Simply put: Accumulation → Rise → Distribution → Continue Rising, XRP is currently stuck at the third step, which does not mean the story is over.
What is the real catalyst? The expectation of the US spot XRP ETF. With BTC and ETH already in place, it's only natural for XRP to be the next one to join. Plus, with Ripple's previous settlement with the SEC, institutional interest is heating up, and liquidity could be very strong.
On-chain data and chart patterns still support further increases; the key is whether it can break through the recent resistance level. The current consolidation may just be the final shakeout—if we get through this, we will take off.