XRP Price Prediction: Crypto Pundit Predicts Historical 9,468% Pump To $27
19 Setembro 2024 - 8:30PM
NEWSBTC
A new XRP price prediction by popular crypto pundit Egrag Crypto
projects that the cryptocurrency could experience a historical
price surge of about 9,468%. This predicted price gain would push
XRP from its current price of $0.58 to $27, marking new All-Time
Highs (ATHs). XRP Price Forecasted To Pump To These
Targets Egrag Crypto has taken to X (formerly Twitter) to express
his bullish outlook on XRP, predicting the cryptocurrency could
surge as high as $27. On Wednesday, September 18, the crypto
analyst shared a price chart illustrating a speculative breakdown
of potential price movements for XRP using five distinctive color
indicators to represent various price increase scenarios.
Related Reading: October To Remember: Descending Broadening Wedge
Says Bitcoin Is Going To $90,000 Each of these scenarios has been
carefully analyzed, grounded on historical price trends and past
price pumps. Additionally, the color indicators — white, yellow,
red, blue, and green, are all arranged respectively to represent
the ascending price potential of XRP. The white color
indicator predicts that XRP is set to witness a 932% pump from the
analyst’s predicted cycle low of $0.28. While this scenario is
relatively conservative compared to other projections, if XRP can
achieve the predicted pump, its price could surge to $3, nearing
current all-time highs. The yellow color indicator foresees
XRP increasing by 1,538%, potentially driving its price to fresh
all-time highs of $4.85. While this target is much higher than the
white scenario, it is still within the realm of possibility if the
cryptocurrency maintains a positive momentum. The red indicator
projects that XRP’s price will jump to $6.22, marking a 2,035%
increase. This massive surge would signal a strong bull run for the
cryptocurrency, likely reflecting the influence of major external
factors such as mass adoption and more legal clarity. In the
blue color scenario, XRP is set to reach a higher price of $7.68,
representing a whopping 2,536% increase. At this price, XRP would
likely be seen as a major player in the market with potential
long-term viability. Finally, the green color indicator
predicts that XRP could witness a 9,468% price surge, potentially
driving the cryptocurrency to a staggering $27. Although this
ambitious prediction would be a historic achievement, it remains a
far-fetched possibility with XRP’s current market dynamics.
XRP Community Express Skepticism While Egrag Crypto’s bullish
projections for XRP raise the hopes of investors who have been
HODLing the coin for years now despite its low value and persistent
consolidation phase, many have also expressed doubts. A few crypto
members criticized the analyst, calling him out for his overly
bullish forecasts for XRP. Related Reading: Ethereum In 2021
Vs. 2024: Fractal Suggests Major Breakout In Q4 Other members found
the ambitious price predictions humorous, declaring that XRP is a
“shit coin” and would remain so for a long period. Additionally,
one crypto member underscored XRP’s long-term stagnant growth,
highlighting that he had bought $1,000 worth of the cryptocurrency
early last year but only accrued a profit of $100. Featured
image created with Dall.E, chart from Tradingview.com
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