- Reputed XRP trader says bullish targets still in play.
- The price of XRP could go on to hit new ATH targets like $8, $13, and $18.
- The expert continues to expect the cycle top target for XRP at $27.
The crypto market continues to hold steady prices allowing the crypto community to slowly rise in bullish sentiments. So far, the prices of both Bitcoin and Ethereum have been holding steadily in the $77,000 and $2,300 prices respectively. This momentum not only shows strength but supports bullish momentum for the prices of crypto assets to surge. Presently, one reputed XRP trader says bullish targets still in play.
Reputed XRP Trader Says Bullish Targets Still in Play
Over the past few weeks, the price of BTC has been hard at work trying to reclaim prices above $76,000. After two failed attempts, the pioneer crypto asset went on to surge past the $76,000 resistance level and turned it into a solid support line. This in turn led to a rise in other altcoin prices as well. For instance, the price of Ethereum (ETH) surged past the $2,300 price range.
Similarly, other promising altcoin prices also surged accordingly. For instance, Ripple’s XRP, one of the most bullish altcoin this bull cycle, due to Ripple winning its long-fought case against the SEC, saw a surge to trade at a slightly higher price range. According to CoinMarketCap analytics, the price of Ripple (XRP) is currently trading in the $1.41 price range, showing a monthly rise of over 5.54%.
XRP Could Hit New ATHs From $8 to $27 Soon
Despite this steady rise, at the moment, the price of XRP is still trading in the red based on daily and weekly price charts. Presently, XRP is boasting a total market cap of $87,185,629,199.18 and a 24-hour trading volume of $1,805,498,450.25. The market currently is seeing a lot of bearish calls, leading most analysts and traders to be skeptical of an altseason rally.
However, bullish analysts continue to hope for altseason, finding many supportive factors alongside bullish indicators on price charts of promising altcoin assets. Among the many bullish altcoins in the market, XRP is one of the most anticipated to hit new ATH prices this cycle, due to its many accomplishments over the last two cycles. Investors are hoping to see the firm’s success reflect on its asset soon.
As we can see from the post above, this popular crypto trader and XRP enthusiast shares an updated price chart, sharing his latest take on how high the price of XRP can go in the following weeks and months. Much like his previous predictions, the cycle top target for XRP remains to be at $27. The rest of the post goes on to highlight the other possible bull targets XRP can hit, which are $8, $13, and $18.
