What to Know: $XRP is down 20% in the past month, but analysis reveals a path forward to $5. Ripple’s expansion in South Africa could bolster institutional adoption of $XRP. With 4 days left in the presale, $SNORT could follow $ XRP’s upward trend. Ripple’s $XRP hasn’t had a great month, dropping 20%. The downturn comes as the rest of the crypto market fares little better; Bitcoin currently trades near $110,000, down 10% for the week. But there’s every chance $XRP could drop further still, with one analyst seeing a plunge down to $2 even as major whales sell $XRP . So why be optimistic about $XRP’s chances? That’s because, despite the poor recent performance, technical indicators point to a favorable long position for savvy investors. The path upward won’t be easy. However, recent presale success stories – such as Snorter Token ($SNORT) – indicate underlying strength in the broader cryptocurrency economy. That strength could send $XRP sharply upwards in the near future. Recent Market Conditions and Price Action After a sharp correction, $XRP has managed to tread water, down only slightly in the past 24 hours. The token is testing resistance zones, though it has a ways to go before breaking through the $3 threshold. This behavior occurs against the backdrop of a broader weakness in the cryptocurrency market, where volatility and macroeconomic headwinds have dampened investor appetite. But that appetite hasn’t completely vanished: leading analysts remain strongly bullish on $XRP’s prospects long-term. Recent moves by Ripple itself bolster that outlook. Ripple’s Custody Expansion in Africa Ripple’s newly announced partnership with Absa , one of South Africa’s leading financial institutions, underscores the growing global adoption of cryptocurrencies. Under this collaboration, Ripple will broaden its institutional-grade custody services in Africa. The move could help bridge the gap between large capital holders and the $XRP ecosystem, another major win for the token’s long-term viability. In the meantime, the technical outlook for $XRP includes key price points : Resistance: $2.75 Upper support: $3.15 and $3.75 Downturn: Below $1.00 Upside: $5.20 Only time will tell with Ripple – but there’s another token that’s nearly ready to launch, which could increase in value by 100x overnight. Snorter Token ($SNORT) – Presale Ends in 4 Days for Meme Coin Trading Mastery With tens of thousands of meme coins launched every day on Solana alone, sorting the winners from the losers can feel like a game of random chance. Snorter Token ($SNORT) takes the guesswork out of it, giving investors a chance to sniff out tomorrow’s winners today – long before they launch and reach mainstream exchanges. That’s because Snorter Bot operates on Solana and Telegram, where low-cap meme coins launch underground and opportunities for major gains are easily overlooked. Snorter provides: Fast swaps Automated sniping Honeypot and rugpull protection Limit orders Copy trading In short, Snorter provides everything an investor needs to sort through the junk and find the low-cap gems with the best chance to go 10x, 100x, or even 1000x. There’s not much time left on the Snorter presale. $SNORT will only be around at its final presale price of $0.1081 for the next 4 days. That price could rise to $1.02 by the end of the year and even reach $1.50 by the end of the decade, providing gains of 843% and 1287% to investors who get in before it’s all over. Don’t delay – learn how to buy $SNORT and see what the $4.8M presale is all about. Visit the presale website for Snorter today. The idea of XRP reaching $5 is compelling – and not without merit, given Ripple’s custody expansion and the optimistic technical analysis. Both $XRP and $SNORT could defy the doubters and surge to new heights in the back half of the year. As always, do your own research – this isn’t financial advice. Authored by Aaron Walker for NewsBTC – https://www.newsbtc.com/news/xrp-predicted-to-hit-5-as-snorter-token-presale-ends-in-4-days
