Ripple’s native token XRP It has been in an uptrend recently and broke above $0.72 at the beginning of the month. It later fell slightly to its current value of $0.65 (according to data from CoinGecko). However, the predictions are that there will still be an increase.
The asset will reach a new annual high in the coming days. foreseeing a cryptocurrency analyst X user Dark Defender.
altcoinHe is of the opinion that it may rise over 30% by the end of the week and reach $0.87 on November 19. To do this, it must surpass the $0.68 level, which the analyst identified as “minor resistance.”
Some Crazy XRP Predictions
Koinfinans.com As we reported, numerous other analysts put forward much higher XRP predictions. For example, user X named Cryptoinsightuk thinks the asset could rise to $14 in about a month.
“We currently have some room to push before it reaches the overbought zone (the price will need to move higher at the moment), so we can assume that the overbought could occur around $0.90-1.00. This could be our launchpad and it should come soon…
Within next week. “If we get this price action and history repeats itself, it will put the XRP price between $10-14 in 4/5 weeks,” they said.
The most outrageous prediction came from Shannon Thorp, who argued that the token value could explode to $500 in the next few years. It is worth noting that for this to happen, the market value of the asset must rise above $250 trillion. This prediction also seems to be a distant prediction at the moment.