XRP Ready for a 24-Hour 50% Jump, Expert Says
Veteran crypto trader Bitlord has made bold claims that XRP is on the verge of a parabolic move. According to him, the cryptocurrency is ready for an explosive uptrend that could make investors millions. But while the token has struggled to keep pace with other top assets during recent market surges, many are watching closely for signs of the breakout Bitlord has predicted.
In the last week, leading cryptocurrencies like Ethereum and Solana (SOL) have enjoyed strong gains, both climbing over 10%. Meanwhile, XRP has only seen a modest 3.53% increase. In fact, in the past 24 hours alone, the token dipped by 1%, a stark contrast to its rivals that posted over 3% gains in the same period.
Yet, Bitlord remains unfazed. The seasoned investor, who has been in the crypto game for over a decade, shared his belief on Sunday that the tokens time for a parabolic move is near. I think XRP is ready, he confidently declared, suggesting the price surge could happen within 24 hours. He further emphasized the potential for significant rewards, cautioning fellow investors, Dont sleep; millions can be made timing this move.
Despite the bold prediction, XRPs price action has been lackluster. Over the weekend, it briefly rallied to $0.61a high not seen in a monthbut quickly fell back to $0.5796. This brief surge may have fueled Bitlords optimism, although he hasnt provided any specific reasoning behind his forecast.
XRPs Slow Growth History
XRP has a history of slow growth during bullish market trends. Over the past few months, analysts have repeatedly predicted an XRP breakout, only for the asset to underperform. With its peers seeing stronger price appreciation, doubts about XRPs potential have lingered.
But Bitlord is no stranger to making big calls. Back in July, he advised the crypto community to stock up on XRP, claiming, something big was coming. He was rightthe token went from trading at $0.43 to $0.6366 in less than a week, a 48% gain. Investors who followed his advice were handsomely rewarded. Bitlord now hopes for a similar outcome, stating, Id like to see that party start up again.
The crypto market remains volatile, and predictions like Bitlords can be hit or miss. XRPs current price of $0.5796 is far from its highs earlier this year, and its recent performance lags behind other cryptocurrencies. But with a seasoned investor like Bitlord doubling down on tokens potential, some investors might be willing to take the risk in hopes of catching the next big move.
The next few days will reveal whether Bitlords optimism was well-placed or if the token will continue to struggle against its competitors.
Read more: https://www.tronweekly.com/xrp-ready-for-a-24-hour-50-jump-expert-says/
Text source: TronWeekly
