EGRAG, a leading crypto analyst, as the anticipated altcoin market season rapidly takes shape XRP He claims that the coin is poised for a significant rally, potentially rising by 237%.
In its post on X, EGRAG claimed that the “door to Valhalla” will soon be opened for XRP. did. Valhalla, in particular, refers to a place in Norse mythology where fallen warriors go after death.
In this context, the analyst used this figurative expression to represent a place of great reward for XRP holders. In particular, he predicted that XRP will soon reach up to $2 if the anticipated gateway opens.
#XRP: The Gateway to Valhalla at $2 will open soon:
NEWS CONTINUES BELOWBy leveraging the historical patterns of previous percentage moves, we can anticipate significant moves in the near future. Previously, #XRP surged through the gate at 0.025c, marking a crucial milestone.
Now, $2 stands as the… pic.twitter.com/15PX5YIj03
NEWS CONTINUES BELOW— EGRAG CRYPTO (@egragcrypto) March 1, 2024
Additionally, EGRAG emphasized that XRP could reimagine the explosive trajectory it has held in the past, where it reached new all-time highs.
For example, historical data from CoinMarketCap shows that XRP traded at around $0.02 in 2017. As of January 2018, the asset reached an all-time high of $3.84. This trajectory implies an explosive 19,000% gain in less than a year.
Considering this history of XRP, EGRAG argued that $2 is the next gateway to Valhalla. Notably, XRP is trading at $0.5932 at the time of reporting. If the asset reaches $2 as predicted by the analyst, this means an upcoming 237% rally. Additionally, EGRAG emphasized that this price point can be expected soon this year.
Meanwhile, the chart accompanying the tweet shows the analyst altcoinIt shows that it is predicted to reach much higher levels in the coming years. He believes that XRP reaching $2 will lay the foundation for a 1,429% increase to $27 by 2026. The top target for XRP is currently $236 and is estimated to occur in 2028.
