TL;DR
Ripple’s XRP has underperformed lately, with its price dropping over 4% on a weekly scale (per CoinGecko’s data). Nonetheless, the crypto space is rammed with analysts who remain confident that the negative trend will soon be over.
According to the X user XRP whale, next month “will be historic” for the asset. The XRP enthusiast with over 100K followers further predicted a price appreciation above $10, which could be reached after passing through significant turbulence.
EGRAG CRYPTO chipped in, too, envisioning more spectacular peaks. The analyst compared XRP’s performance from 2017 with the current “cycle’s bottom” to forecast a price explosion of $27:
“XRP only needs to increase by 7X from its 2017 levels to reach $27. This is my target, and I plan to sell at various price points to secure profits.”
As CryptoPotato previously explored, some important factors indeed suggest that XRP could be on the verge of a bull run this year. Those willing to dive deeper into the matter, feel free to take a look at our dedicated video below:
