Top Ripple Price Predictions as XRP Reclaims $1.50

Is this the start of a major bull run? We have been witnessing a strange paradox lately. Major news, including the CLARITY Act failure and the US interest rate hike, should be considered bearish for the cryptocurrency market, yet the latter has entered green territory with remarkable strength. Ripple’s cross-border token has been a major beneficiary, with its price up 8% over the past week. Naturally, this resurgence has drawn comments from industry participants, many of whom believe the asset has much more room to grow in the near future. What Now? As of this writing, XRP trades around $1.53 (per CoinGecko), representing a 53% rebound from the local bottom of sub-$1 registered in mid-August. Other catalysts for its pump, besides the broader revival of the crypto market, include solid institutional interest. As CryptoPotato reported, spot XRP ETFs posted 10 consecutive green weeks as cumulative net inflows into such products exceeded $1.72 billion. Another positive factor is the whales’ activity. Last week, renowned analyst Ali Martinez revealed that large holders have accumulated approximately 1.54 billion tokens (worth over $2.2 billion) in about 96 hours. Several hours ago, he c...