- Crypto analyst predicts a massive 7,918% rally for XRP to reach $39.
- Stellar Lumens (XLM) also expected to see substantial price gains.
- The prediction is based on historical data, Z-score analysis, and global events.
In the world of crypto price predictions, there have been many exciting speculations and deep analytic discussions about an expected XRP price spike. Of all these predictions, the most recent and intriguing XRP price prediction comes from crypto enthusiast and analyst Bilbuwoo.
Bilbuwoo predicts an astonishing 7,918% rally for XRP, targeting a staggering price point of $39. This bold prediction, backed by historical data and Z-score analysis, is turning heads in the crypto community.
Notably, Bilbuwoo doesn’t stop at XRP; he believes XLM (Stellar Lumens) will also experience a substantial price spike. He draws parallels between the two cryptos. Specifically, he points out that both XRP and XLM are at a similar point in their price trajectories as they were during the period of February to March 2017.
To illustrate his point, Bilbuwoo compares this growth pattern to a unique type of bamboo called ‘mojuk’. This bamboo, after five years of growth, suddenly experiences explosive growth. For instance, it shoots up at a rate of 80 cm per day, ultimately reaching a height of 30 meters in about three months. In the same vein, he suggests that XRP’s current period of stability and consolidation could be followed by a dramatic and rapid ascent.
Connecting these price predictions to global events, Bilbuwoo emphasizes the inverse correlation between the U.S. dollar index and XRP’s price chart. He suggests that as the dollar index falls, XRP’s value is likely to surge.
Similarly, Bilbuwoo mentions the BRICS nations. Here, the potential crash of the dollar index and the rise of alternative assets like gold and energy can act as factors contributing to XRP’s impending price spike.
While crypto price predictions should be taken with caution, Bilbuwoo’s forecast has generated significant interest in the XRP community. As always, crypto markets are highly speculative and volatile, so investors should conduct thorough research and consider various factors before making investment decisions.
