Bold Forecast for XRP from a Leading Analyst: Get Ready, a Dramatic Rise is Coming!

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XRP Blockchain Backer, one of the leading analysts in the community, claims that XRP coin may experience a dramatic price increase in the coming days, reflecting historical trends. did. XRP has not performed significantly in the emerging bull market, gaining less than its rivals in the last seven days.

In the last 24 hours, the value of the altcoin increased from $0.6299 to $0.6681. This represents an increase of 6%. However, this increase was moderated in the process of defying the asset’s downward resistance and its price fell to around $0.64.

In the process, pro-XRP YouTuber Blockchain Backer suggested that XRP has the potential to achieve significant performance soon. He stated that he arrived at this view by drawing parallels with current crypto market trends and those observed during the past bull cycle.

Blockchain Backer, in a recent article, all crypto- He pointed out that the market value exceeded 2.3 trillion dollars. He noted that when the crypto market reached this valuation level in 2020, many altcoins experienced bullish rallies.

At this point, he showed this by emphasizing that the altcoin experienced a significant increase during this period. Blockchain Backer specifically noted that XRP rose from $0.3 to $0.79 in three days, representing an explosive growth of 163%.

Blockchain Backer’s post shows that leading assets such as XRP are positioned for significant impact and the widely predicted upcoming altcoin confirms the signs of the market season. Essentially, the YouTuber’s observation indicates that if historical trends repeat, XRP holders could witness a similar gain in the near future.

As Koinfinans.com reported, at the time of writing, according to Coingecko data, the crypto market recorded an increase of 3.94% in the last 24 hours. Additionally, its value rose to over $2.49 trillion. Bitcoin accounts for more than $1.32 trillion of this market cap. On the other hand, experts predict that the altcoin market value could reach $3.2 trillion this season.


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