Analysts claim that XRP is not finished and that a significant rally is imminent.

A leading supporter of XRP argues that the negative outlook on the cryptocurrency may be exaggerated. In an optimistic scenario, analysts predict that XRP could reach as high as $333. Recently, the price of XRP, which is supported by Ripple Labs, fell below $2.15, raising concerns about its long-term viability. However, prominent analyst John Squire believes that claims regarding XRP’s downfall are greatly exaggerated, suggesting that a significant surge may be forthcoming for XRP. Squire stated in a post on X, “XRP is still alive.” It’s in the process of loading. The analyst suggests that XRP may be the most significant underdog in the cryptocurrency market, emphasizing that a substantial surge is on the horizon. Squire highlighted several crucial elements that could greatly enhance XRP’s chances for a rally. To begin with, he pointed out that XRP is not a new cryptocurrency simply following current trends. Squire mentioned that the coin has a 10-year establishment period that many people have overlooked. He also highlighted that Ripple remains prominent in the cryptocurrency sector due to its global payment network, RippleNet, which operates in more than 55 nations. Prominent financial organizations such as SBI, Santander, and Tranglo have adopted the payments platform. Additionally, the prolonged resolution of the Ripple versus SEC lawsuit is another significant element that Squire pointed out as a catalyst for a positive shift in XRP.