One of the Most Outrageous Ripple (XRP) Price Predictions
XRP to Skyrocket by 47,000%?
Ripple’s native token – XRP – is among the digital assets capturing the most of investors’ attention, and thus, it is often a subject of wild price predictions. One such forecast recently came from the popular X (Twitter) user CryptoBull.
They observed previous breakouts to assume that XRP is on the verge of exploding to the following milestones: $4.20, $7.20, or even the ridiculous $470.
The cryptocurrency analyst who has laid out multiple price predictions on the asset congratulated CrypoBull for their charts, arguing that the coin’s valuation would make it “easy” to the $27 mark.
It is worth mentioning that the $470 tag would most likely remain a mirage since XRP’s market capitalization should blast to approximately $250 trillion for this to happen. Recall that the entire market cap of the industry was around $3 trillion during the bull run in 2021 when Bitcoin (BTC) tapped an all-time high of almost $70K.
Realistic XRP Predictions
Other analysts have laid out more modest forecasts. Dark Defender recently envisioned XRP’s price to ascend to as high as $1.88 in the short term. Nonetheless, the analyst warned that the token must close “under the primary support of $0.6044 for 2 days in a row.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
One of the Most Outrageous Ripple (XRP) Price Predictions
XRP to Skyrocket by 47,000%?
Ripple’s native token – XRP – is among the digital assets capturing the most of investors’ attention, and thus, it is often a subject of wild price predictions. One such forecast recently came from the popular X (Twitter) user CryptoBull.
They observed previous breakouts to assume that XRP is on the verge of exploding to the following milestones: $4.20, $7.20, or even the ridiculous $470.
The cryptocurrency analyst who has laid out multiple price predictions on the asset congratulated CrypoBull for their charts, arguing that the coin’s valuation would make it “easy” to the $27 mark.
It is worth mentioning that the $470 tag would most likely remain a mirage since XRP’s market capitalization should blast to approximately $250 trillion for this to happen. Recall that the entire market cap of the industry was around $3 trillion during the bull run in 2021 when Bitcoin (BTC) tapped an all-time high of almost $70K.
Realistic XRP Predictions
Other analysts have laid out more modest forecasts. Dark Defender recently envisioned XRP’s price to ascend to as high as $1.88 in the short term. Nonetheless, the analyst warned that the token must close “under the primary support of $0.6044 for 2 days in a row.”
#ContentStar #BountyCreator #GateioBountyCreator #NewsMessenger #GateLive #contentstar #MyFancyCreator #HotTopicDiscussion