XRP Price Eyes Parabolic Rally To $30 Despite Ripple’s 1 Billion XRP Unlock Today, Says Analyst

$XRP just witnessed a massive supply event today with 1 billion tokens being unlocked from Ripple’s escrow. However, analyst CrediBULL Crypto remains confident that $XRP price will experience one of the best rallies of the current cycle. Even though the analyst is advising that the token might return to $1.25, it could go as high as $20-$30, he claims. Meanwhile, new data on the accumulation and exchange-flow has fueled the discussion on how the market might consume the newly-minted supply.