After Bitcoin’s halving occurred, XRP Evaluations regarding the expected price predictions for the market attract attention. Experts think that the trend observed in Bitcoin’s previous halvings may result in an increase in prices. It is possible that this situation also applies to altcoins such as Ripple.
Crypto analyst Leb tried to predict the future direction of XRP by evaluating its price movements. He noted that the altcoin could surpass its recent peak and reach $3.84 before or just after the halving.
As we reported as Koinfinans.com, CrediBULL predicts a similar increase in XRP, but underlines that this increase may vary depending on the price movements of Bitcoin. According to CrediBULL, it could rise 100% against BTC after the halving.
Google’s artificial intelligence Gemini joined the speculation last December. Bard’s XRP price predictionswas based on predictions that Bitcoin could reach $100,000 and $250,000 after the halving.
AI predicts a higher increase for every 100% increase in Bitcoin price. As a result, if Bitcoin reaches $100,000 altcoin He claimed that it could go as high as $38.5 and $46.5 if Bitcoin reaches its ambitious $250,000 target.
He evaluated how high XRP could rise if the previous price increase following the 2020 halving was repeated. Confirming that the price increased by 942% from May 2020 to April 2021, the report suggested that a similar rise could push the price to $5.2 after the last halving.
Analyst named Jake Gagain also took a similar stance. exhibited. Gagain’s price predictions include predictions for next year, months after the halving. According to him, the price may rise to $5 in 2025. Likewise, analyst Dark Defender had previously set the XRP price target at $5.85.
These XRP price predictions predict bullish momentum after the halving despite XRP’s underperformance. Currently, its price stands at $0.5142 with an increase of 2.23% in the last 24 hours. This recovery move comes after XRP fell as low as $0.4188 following the broader market crash.
Source : The Crypto Basic