XRP has regained the $3 mark for the first time since the 2017 bull run, but a recent downturn has seen its price drop to around $2.40, leading analysts to speculate whether this is the end of its rally or a buying opportunity. Market analysts predict a potential further decline of 30-45% towards $1.30-$1.60 unless XRP holds above the $2.50 support level. Accumulation trends show that South Korean traders are active buyers of XRP amidst this price dip, contrasting with the selling pressure observed in Ethereum. Additionally, large XRP holders have been accumulating during the downturn, reinforcing the view that XRP remains a high-conviction asset for certain investors. Some analysts foresee even more substantial price gains in the future, with potential targets reaching up to $18.22 for XRP.

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