XRP Price Prediction: Real-World Adoption Is Surging – Is a Breakout to $100 Next?

XRP (XRP) has been declining in the past week as the crypto market seems to have taken a breather from its late April rally.

Sentiment has apparently turned bearish ahead of Wednesday’s meeting of the Federal Open Market Committee (FOMC) as there is a bit of uncertainty about how the U.S. central bank will respond to the latest economic reports.

XRP has booked an 8.9% loss in the past 7 days and has taken a 2.7% loss in the past 24 hours to sit at $2.08.

Despite this temporary setback, the adoption of Ripple’s new native stablecoin – Ripple USD (RLUSD) – seems to be growing and this supports a bullish XRP price prediction.

Data from CoinMarketCap shows that the market cap of this stable asset has been steadily rising since it was launched, moving from $53.2 million to $317 million in just five months.

As companies and individuals progressively embrace RLUSD, the demand for XRP as the network’s utility token will likely grow over time. This favors a bullish outlook for the token despite its latest weakness.

XRP Needs to Stay Above $2 to Keep the Rally Going

Looking at the daily chart, we can see that XRP is currently heading to retest a key support – its 200-day exponential moving average (EMA).

This is a widely watched technical indicator that signals the direction of an asset’s long-term trend.

XRP made a higher high following its 21-day EMA breakout last month. For now, the token’s valid low stands at around $2.02. If the price bounces off this level, the uptrend will be intact.

However, a break below the $2 level would signal that bears have taken control of the price action and will invalidate the uptrend.

This could lead to a retest of the lows seen in early April at around $1.7 per token. Meanwhile, if the price bounces off the $2 area, the odds favor a big push toward the $2.6 lower high first and then to $3.2.

Although XRP may not rise to $100 immediately, its long-term outlook is quite bullish as network adoption grows as a result of the launch of successful decentralized assets like RLUSD.

Meanwhile, as cryptos recover, the best presales like MIND of Pepe (MIND) could outperform well-established tokens like XRP this year.

MIND of Pepe (MIND) Raises Nearly $9M to Launch its Power AI Agent

MIND of Pepe (MIND) is an AI agent designed to take social media platforms like X by storm by tapping into the popularity of a viral meme like Pepe the Frog while leveraging the power of AI to discuss interesting topics with users.

As it gains influence, MIND of Pepe will identify emerging social trends that can be monetized by $MIND holders.

The agent can pass on these insights along with ideas for new meme coins that can be created and promoted to capitalize on these new trends.

At its discounted price of $0.0037515, $MIND offers significant upside potential to early buyers who understand its potential to become the next AIXBT or CGPT.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap cryptos like USDT or ETH for this token or use a bank card to make your investment.