Analysts on X (formerly Twitter) present a range of optimistic forecasts for Ripple’s XRP, with some anticipating a potentially historic bull run in March. The most bullish predictions envision XRP’s price soaring to $27, drawing parallels to past market patterns.
Ripple’s XRP has faced recent underperformance, with its price declining by over 4% on a weekly basis according to CoinGecko’s data. Despite this, numerous analysts within the cryptocurrency community express confidence that the current downward trend will soon come to an end.
Optimistic Predictions for Ripple’s XRP
According to X user XRP whale, next month holds the promise of historic achievements for the asset. With over 100K followers, the XRP enthusiast foresees significant developments, including a price surge above $10, despite expected turbulence along the way.
Very soon $XRP will pump to $1
Then it’ll fall to $0.80
Then it’ll fly towards $2
Then it’ll test $1.50
Then it’ll pump again towards $3.30
Then it’ll fall to $3
Then it’ll continue towards $10#XRP
— XRP whale (@realXRPwhale) February 25, 2024
EGRAG CRYPTO also adds to the chorus of optimism, drawing parallels between XRP’s performance in 2017 and the current market cycle. By identifying the “cycle’s bottom,” the analyst predicts a remarkable price surge to $27. This projection is based on XRP’s potential to increase by 7X from its 2017 levels. Additionally, the analyst plans to secure profits by selling at various price points along the way.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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