EGRAG, which frequently comes to the fore with its controversial analyses, XRP He continued his wild guesses about the price. The altcoin, which was traded at $ 0.5011 while the news was being prepared, managed to keep its market value around $ 27,272,665,682. Transaction volume increased by 15% to $899,243,735.
Signs of Rise in XRP Price
XRP managed to break out of its 3-year consolidation phase, underlining the extent of the current decline. Since the beginning of the year, the price has fallen by 19.53%, making it one of the biggest losers among the top 20 projects.
EGRAG, on the other hand, claims that despite all these developments, the price will record crazy increases such as 15x, 27x and 55x respectively. The analyst claims that instead of panicking when the price drops to $0.41 or $0.35, sticking to the Dollar Cost Averaging (DCA) technique can help investors achieve success in the long run. did.
#XRP: 2 Types of Crypto Adventurers ( – or + ):
NEWS CONTINUES BELOWIn everyday life, whether in business or elsewhere, some folks tend to focus on what’s missing (like the half-empty glass), while others see what’s there (like the half-full glass).
This same idea applies to #XRP:
NEWS CONTINUES BELOWA) Some folks… pic.twitter.com/utMSr2FBKG
— EGRAG CRYPTO (@egragcrypto) February 6, 2024
EGRAG suggests that from current levels, XRP will touch $7.4891, $13.6302 and $27.0746 in the foreseeable future. However, he chose not to give a specific timeline for these goals.
Key estimates supporting the imminent growth forecast are based on the altcoin’s use as a bridge currency for cross-border and mainstream payment transactions, as well as other use cases that could drive demand and adoption.
Source : The Crypto Basic