$10 billion flows into XRP as path to $15 emerges

XRP has seen modest buying pressure over the past week, with an analyst suggesting the asset has the potential to reach a record high of $15. As of press time, XRP’s market cap stood at $156.78 billion, up from $146.17 billion a week ago following an inflow of $10.61 ￰0￱ capital inflow came after a 5.6% weekly gain, pushing XRP’s price to $2.61. In the past 24 hours, however, it dipped 1.16%. XRP one-week market cap chart.) 5.31% 30-day return, creating short-term bearish ￰1￱ the same time, upcoming November token unlocks from Ripple’s escrow, about 1 billion tokens monthly, are fueling caution, as they have the potential to trigger sell-offs.

Additionally, delays on six XRP ETFs by the SEC, partly due to the ongoing government shutdown, have tempered optimism, even as the REX-Osprey ETF has reached $100 million in assets under ￰2￱ these challenges, crypto analyst Mikybull Crypto highlighted that XRP may be gearing up for a final expansion phase in its current cycle. XRP’s path to $15 In an X post on October 24, the analyst noted that technical indicators suggest the asset might target a price range of $7 to $15. The ascending channel visible in the long-term chart indicates that XRP could see significant growth, especially if bullish momentum ￰3￱ price analysis chart.