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Historic Ripple (XRP) Bull Run in March? Analysts With Interesting Price Predictions

Historic Ripple (XRP) Bull Run in March? Analysts With Interesting Price Predictions

CryptopotatoCryptopotato2024/02/26 10:52
By:Dimitar DzhondzhorovMore posts by this author

Check out the most recent price predictions related to Ripple’s XRP.

TL;DR

  • Analysts on X (formerly Twitter) offer varying optimistic forecasts for Ripple’s XRP, with some suggesting March will see a historic bull run.
  • The most optimistic forecasts see XRP’s price skyrocketing to $27 if history is to repeat itself.

 

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.

Very soon $XRP will pump to $1

Then it’ll fall to $0.80

Then it’ll fly towards $2

Then it’ll test $1.50

Then it’ll pump again towards $3.30

Then it’ll fall to $3

Then it’ll continue towards $10 #XRP

— XRP whale (@realXRPwhale) February 25, 2024

 

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. 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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