XRP ‘distribution’ phase does not change $30 price target: Analysts
- TRADING
- XRP
Overview
Analysts remain optimistic about XRP’s future despite its current distribution phase. They continue to set price targets ranging from $10 to $30 for potential cycle peaks, supported by various favorable factors.
Current Market Situation
XRP is currently experiencing a distribution phase, which typically refers to a period where assets are sold off by holders. Despite this, analysts maintain a positive outlook on the cryptocurrency’s trajectory. The confidence in a bullish continuation is attributed to multiple tailwinds, which are factors that could contribute to upward price movement.
Factors Supporting Analyst Confidence
- Analysts are projecting cycle tops for XRP between $10 and $30.
- The bullish sentiment is bolstered by several favorable conditions in the market.
- The distribution phase does not alter the analysts’ optimistic price targets.
Impact on the crypto market
- Continued bullish sentiment for XRP may influence overall market confidence in altcoins.
- Analysts’ price targets could attract speculative investments in XRP.
- Positive outlooks can lead to increased trading volume and market activity.
- The distribution phase might create volatility, presenting both risks and opportunities for traders.
- Confidence in XRP may impact the performance of other cryptocurrencies within the market.
Updated: 11/12/2025, 9:22:50 PM