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CATEGORY: barric


Apr 16, 2025 12:05

Forget XRP At $3, Analyst Reveals How High Price Will Be In A Few Months

XRP may have spent the past few weeks struggling to hold above the $2 level, but one analyst believes the recent price action is only in its early stages of a much larger surge. For those who think $3 is a reasonable target, this outlook predicted that the real move could take the altcoin far beyond that mark and possibly much sooner than expected. Multi-Stage Price Path With $10 To $20 The $3 price level has become the psychological and technical battleground for bullish XRP investors this cycle, serving as the most active price point. Earlier in January, the token briefly surged past this level, coming within striking distance of its all-time high of $3.40, before a wave of selling pressure triggered a pullback. Related Reading: XRP Price Forms Rounded Bottom Within Descending Channel, Target Set Above $3 Since then, XRP has seen price corrections that pushed it as low as $1.65 on April 7. Yet, the outlook is once again tilting bullish. XRP has rebounded above $2 and is building a strong base to support another run toward $3. If the current momentum continues to gain traction, reclaiming $3 is not only likely, it could happen within a matter of weeks. One of the boldest predictions comes from a trader known as BarriC, who has laid out a roadmap that extends far beyond the $3 threshold. In a recent post on social media platform X, he forecasted that XRP, now trading near $2.20, will break $3 soon. But his outlook doesnt stop there. He predicted that by May, the sentiment surrounding XRP could shift so drastically that $5 would be seen as the new cheap price for XRP.  Taking things a step further, the analyst noted that if the broader crypto market transitions into a full-blown altcoin season, XRP could establish a new short-term trading range between $10 and $20 within the next few months. Utility Run Scenario Places Cheap XRP Closer To $1,000 Perhaps the most striking part of BarriCs analysis comes from what he describes as a utility run. This utility run is a scenario where XRPs real-world use cases as a bridge cryptocurrency start to gain adoption and reflect in its price. Under such conditions, the term cheap XRP would apply to prices below $1,000. Related Reading: XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30 At the time of writing, XRP is trading at $2.14, up by 1.4% in the past 24 hours. As ultra-bullish as it might seem, the analyst’s price prediction isn’t surprising, as the cryptocurrency has been subjected to similar bullish outlooks in the past few days.  Beyond bullish price targets, a few analysts now believe that XRP will flip both Ethereum and Bitcoin in the coming months. One such example is analyst Axel Rodd, who cited the breakdown in Bitcoin dominance as a reason why XRP will flip Bitcoin. Similarly, analysts at Standard Chartered recently predicted that the altcoin will flip Ethereum in market cap by 2028.   Featured image from Adobe Stock, chart from Tradingview.com

Apr 11, 2024 12:05

XRP Heading To $100-$500? Analyst Provides Speculated Timeframes

Following an extended period of stasis, the price of XRP has suddenly begun to rise, fueling several bullish predictions regarding the altcoin’s direction from several cryptocurrency analysts.  Bullish Timelines For XRP The most current positive forecasts came from cryptocurrency expert and XRP enthusiast BarriC, who has established multiple timelines for the digital asset to rise to unprecedented heights in the long term. Taking to the X (formerly Twiter) platform, BarriC voiced his opinions, noting that as time goes on, crypto investors might have fewer chances to purchase cheap XRP. According to the analyst, inexpensive XRP today is defined as less than $0.80.  Related Reading: Analysts Say XRP Price Is Ready To Breakout, Here Are The Targets Furthermore, the expert underscored his prediction that XRP would trade between $1 and $3. BarriC specifically contended that by the time this bull market ends, a cheap XRP would be between the aforementioned price levels. Moving on, BarriC has regarded the crypto asset as undervalued between the $10 and $15 threshold in the next 4 to 5 years, particularly around the subsequent Bitcoin halving event and bull cycle between 2028 and 2029. If, toward the conclusion of the next bull run, XRP is cheap, trading between $10 and $15, then the analyst is expecting it to reach much higher prices at the peak of the bull cycle. BarriC envisions a significant surge from the anticipated $10 to a triple-digit landmark. Following the succeeding halving and bull cycle, which is expected to occur by 2032 and 2033, the analyst expects the token to also be undervalued at $100 and $500. Concluding his forecast, he affirms that market participants will always have access to affordable prices. However, it is up to those interested in the altcoin to decide how much funds they are willing to invest. $1,000 Is Possible In The Long Run It is worth noting that the analyst previously projected a $1,000 price mark for XRP. According to BarriC, XRP’s path over the coming several months and years promises to be exciting. He believes XRP’s price will rise as the cryptocurrency market expands and changes, and as a result, it will be poised for massive growth and more widespread adoption. Related Reading: Crypto Expert Reveals What To Expect For Bitcoin, Dogecoin, And XRP In 12-16 Months Given his expectations for greater mass adoption and growth of the coin in the upcoming months and years, he foresees a peak of $1,000 in the long term. Other prices set aside by the expert to watch out for include $1, $5, $10, $50, $100, and $500. Whether in the short term or long term, BarriC is confident the token will change people’s lives. XRP trading at $0.6009 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com

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