XRP Heading To $100-$500? Analyst Provides Speculated Timeframes
2024年4月11日 - 1:00AM
NEWSBTC
Following an extended period of stasis, the price of XRP has
suddenly begun to rise, fueling several bullish predictions
regarding the altcoin’s direction from several cryptocurrency
analysts. Bullish Timelines For XRP The most current positive
forecasts came from cryptocurrency expert and XRP enthusiast
BarriC, who has established multiple timelines for the digital
asset to rise to unprecedented heights in the long term. Taking to
the X (formerly Twiter) platform, BarriC voiced his opinions,
noting that as time goes on, crypto investors might have fewer
chances to purchase cheap XRP. According to the analyst,
inexpensive XRP today is defined as less than $0.80. Related
Reading: Analysts Say XRP Price Is Ready To Breakout, Here Are The
Targets Furthermore, the expert underscored his prediction that XRP
would trade between $1 and $3. BarriC specifically contended that
by the time this bull market ends, a cheap XRP would be between the
aforementioned price levels. Moving on, BarriC has regarded the
crypto asset as undervalued between the $10 and $15 threshold in
the next 4 to 5 years, particularly around the subsequent Bitcoin
halving event and bull cycle between 2028 and 2029. If, toward the
conclusion of the next bull run, XRP is cheap, trading between $10
and $15, then the analyst is expecting it to reach much higher
prices at the peak of the bull cycle. BarriC envisions a
significant surge from the anticipated $10 to a triple-digit
landmark. Following the succeeding halving and bull cycle, which is
expected to occur by 2032 and 2033, the analyst expects the token
to also be undervalued at $100 and $500. Concluding his forecast,
he affirms that market participants will always have access to
affordable prices. However, it is up to those interested in the
altcoin to decide how much funds they are willing to invest. $1,000
Is Possible In The Long Run It is worth noting that the analyst
previously projected a $1,000 price mark for XRP. According to
BarriC, XRP’s path over the coming several months and years
promises to be exciting. He believes XRP’s price will rise as the
cryptocurrency market expands and changes, and as a result, it will
be poised for massive growth and more widespread adoption. Related
Reading: Crypto Expert Reveals What To Expect For Bitcoin,
Dogecoin, And XRP In 12-16 Months Given his expectations for
greater mass adoption and growth of the coin in the upcoming months
and years, he foresees a peak of $1,000 in the long term. Other
prices set aside by the expert to watch out for include $1, $5,
$10, $50, $100, and $500. Whether in the short term or long term,
BarriC is confident the token will change people’s lives. XRP
trading at $0.6009 on the 1D chart | Source: XRPUSDT on
Tradingview.com Featured image from iStock, chart from
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