- XRP’s latest 100% pump draws the attention of major analysts.
- Popular crypto analyst Lark Davis shares his prediction for XRP during this bull run.
- He says a plausible and realistic target for XRP is $6 – $7 this bull cycle.
Ripple’s XRP made a recent 100% pump giving long-term holders a short relief and a moment to celebrate big gains after almost two cycles of holding resolutely. While many analysts believe the pump is just beginning for XRP, one analyst in particular breaks down what is coming for XRP at the peak of this bull run.
How Much Higher Will XRP Go This Bull Cycle?
As we can see from the post above, the popular and reputed crypto figure, Lark Davis goes on to discuss the past and future of the popular altcoin XRP. The video begins with Davis saying there are many predictions for XRP to hit tremendous highs of $500 this bull cycle. He immediately says this is not likely to happen this bull run.
Next, he talks about the fact that XRP missed its bull run in the past bull cycle and this is because of its battle with the SEC during that time. Presently, XRP stands victorious over the XRP and awaits a major peak in the ongoing ull cycle. The video then goes on to explore the current state of crypto and XRP.
XRP ATH This Bull Run $6 – $7
Here he focuses on the god candle that XRP pulled where the price of XRP shot up by over 100% in a short time. He says while the RSI is slightly overbought, the MACD signal looks incredibly bullish. He also confirms the confirmation of a bullish golden cross which hints at a much higher price for XRP that will surpass its previous ATH at $3.84.
Davis then talks about major catalysts for an XRP starting with Gary Gensler’s resignation. According to CoinMarketCap data, the price of XRP stands at $1.09. The video concludes with Davis exploring the many possibilities of an overall pump based on historical data and says that a likely target for XRP at the peak of this bull run would be close to $6 – $7.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
