XRP Remains Optimistic Despite Ongoing Distribution Phase

XRP Distribution Phase: Analysts indicate that XRP is currently in a "distribution phase," which is a normal part of a bullish cycle and not a sign of weakness, suggesting that investors should remain calm.

Bullish Price Targets: Despite sideways price movement, analysts maintain their price targets for XRP between $10 and $30, supported by historical patterns and potential market liquidity.

ETF Speculation: The potential launch of a US spot XRP ETF is seen as a significant catalyst that could enhance accessibility for traditional investors and bring substantial new liquidity into the market.

Investor Sentiment: The ongoing speculation around the XRP ETF and the asset's legal improvements post-court victory are helping to sustain positive investor sentiment during the current distribution phase.