- Analysts expect Ripple’s XRP to surge parabolically.
- Both see similarities between its current breakout and its breakout in 2017.
- This could push XRP to set multiple new ATHs to $99 and above.
As the crypto market approaches the peak of this bull cycle’s altseason analysts are keeping a close eye on several bullish altcoins. So far some altcoins have already gone on to set new ATHs while others are preparing for a parabolic leap as Q1 churns on. One asset that analysts expect to make a bullish surge despite its earlier pumps this cycle is Ripple’s XRP.
So far, the price of XRP has pumped parabolically twice already and analysts believe this altcoin is just getting started as it has to make up for missing the bull run the previous year due to its battle with the SEC. Having emerged victorious, XRP is looking at greater targets, this time to set new ATHs.
Analyst Expects Ripple’s XRP to Surge Parabolically
As we can see from the post above, this analyst compares XRP to its run in 2017 when market dominance peaked at 31.3%, and the total crypto market cap reached $10 trillion. Based on this he estimates XRP price to be approximately $54.21. Meanwhile, another analyst has a much higher target set for XRP as we can see in the post below.
$99 and Above Cycle Top Prediction for XRP
This analyst says the breakout preparing for XRP now is extremely similar to that of 2017. The analyst goes on to set a bullish target of over $99 of XRP saying a pump over 3,900% is a highly plausible outcome for the altcoin this bull cycle. Over a 40x pump is what he sees for XRP, could this be XRP’s latest cycle top prediction?
