- Analysts convene over the future of XRP and the altcoin’s new ATH that could arrive soon.
- One analyst believes an 888.88% price pump could take XRP price to $27 – $31.
- Another analyst expects monumental pumps for XRP in the coming months.
As Bitcoin nears the $66,000 price target and makes its way towards breaking through its next crucial resistance level of $68,000, sentiment for a new ATH target in the coming weeks grows closer. More excitingly, altseason seems to be on the horizon as more and more altcoin price charts mirror BTC bullish lead.
In detail, many altcoin price charts have shared multiple bullish chart formations from inverted head and shoulders patterns, golden crosses, bullish pattern breakouts, and many more. Some altcoins like FET, VET, RIO, SHIB, DOGE, JASMY, and many other assets are already pumping.
Impressive 888.888% Price Pump for XRP
One altcoin preparing for a massive rally is Ripple’s XRP. One analyst shares a very unique observation in the XRP price chart which could lead to a phenomenal 888.88% price pump. As we can see from the post above, this analyst believes XRP is setting up a similar price chart to that of 2017 when XRP pumped parabolically.
$27 – $31 ATH Expected for XRP Price
He expects XRP to hit a new ATH of $27 and $31 which would be a pump of 888.88% from the asset’s previous ATH of $3.84, according to CoinMarketCap analytics. In 2017, XRP pumped by 4,500%. The analyst highlights the next major target zones for XRP which are $6.5 and $31 charting big potential for the future of XRP.
Similarly, another popular analyst shares his thoughts on how high XRP could go. He highlights BTC price action and how it will positively influence XRP’s pump. Despite differing targets, both analysts are certain about XRP making massive moves in price for the coming months.
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