Analysts who continue to grow a fan base with their timely altcoin predictions believe that payments altcoin, XRP, will see a rapid rise in price before the bull-cycle ends.
Credible, a pseudonymous analyst on social media platform X tells his 469,000 followers that XRP is bullish in the long-term as the currency continues to establish a solid foundation over $2.
Credible claims that the $2 price level was a strong resistance to XRP between 2017 and 2024. Now, it is holding the altcoin firmly as a support.
“Not only is XRP one of the few coins that has the cleanest/clearest impulsive PA in the entire market (except for BTC), it’s currently on its EIGHTH MONTH of consolidation over the previous ATH (all time high) monthly closing.
“You Are not bullish enough.”
Credible believes that the long-term XRP investments will be rewarded this cycle. He thinks this will happen when XRP reaches his target price of $20 to $30.
“Yup. [bought] for $0.18 specifically in 2019.
Keep it.
Many people said that XRP will never reach $1 again. This position is now up more than 10x and I expect that by the end this cycle it will be over 100x.
It’s taking a little longer than anticipated, but I won’t be complaining about it 100x. ‘”
XRP currently trades at $2.27.
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The post Analyst Eyes an Astronomical Price for XRP and Says Investors Aren’t Bullish Enough About the Fourth-Largest Digital Asset could be updated as new information becomes available.
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