Curious about the future of XRP? Analysts with tens of thousands of followers are making bold predictions.
Dive into our comprehensive article to understand why experts like XRP CAPTAIN and EGRAG CRYPTO believe XRP could soar to unprecedented heights.
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Multiple Opinions Predict XRP Breaking the $100 Barrier
The price of XRP experienced a surge to around $0.9 in July this year, followed by a decline. It is currently hovering around $0.5.
Despite this, there is a growing consensus in the cryptocurrency industry that the price of XRP could exceed $100.
These predictions are based on the long-term price movements of XRP. Recently, cryptocurrency analysts like "XRP CAPTAIN" and "EGRAG CRYPTO" have been discussing the possibility of XRP breaking the $100 mark.
XRP CAPTAIN's Price Prediction for XRP
XRP CAPTAIN (@UniverseTwenty), a cryptocurrency analyst with 53,000 followers, stated on September 4, 2023, that "XRP has the potential to rise to $100–$130 in the next bull market."
He pointed out that there has been a convergence in XRP's price from 2014 to 2017. He further explained that a similar convergence is observable from 2018 to 2024.
According to him, if XRP breaks through major resistance levels in the next bull market, it wouldn't be surprising to see the price soar to $100–$130.
EGRAG CRYPTO's Price Prediction for XRP
The prediction that XRP could exceed $100 is also supported by EGRAG CRYPTO (@egragcrypto), who has 35,000 followers.
On September 3, 2023, he posted a 3-month candlestick chart for XRP spanning from 2014 to 2030 and stated, "XRP has the potential to rise to $150 in the future."
The Optimism Surrounding XRP's $100+ Predictions
While these $100+ price predictions may seem overly bullish, the technological adoption of XRP is steadily increasing.
Moreover, a court ruling in July of this year determined that "XRP itself does not qualify as a security," alleviating concerns about issues with the U.S. SEC.
As a result, there is a growing number of voices expecting a rise in XRP's price once these issues are resolved.