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Crypto Analyst Predicts 5,000% Move To Bring XRP Price Above $25

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One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP price to reach as high as $10,000. Once again, crypto analysts are seeing a rally in the future of the altcoin that could spur a massive increase.

XRP Price To Surge 5,000% To Reach $25

A TradingView crypto analyst who goes by the pseudonym TheLeadingIndicator has joined the ranks of analysts who are currently seeing a possible bullish breakout for the XRP price. The analyst seems to take a long-term approach in his forecast as well, which falls in line with others who have presented a similar bullish narrative.

However, unlike some, TheLeadingIndicator does not expect the altcoin to perform well. From the already low price of $0.49 at the time of this writing, he predicts a further decline in the XRP price. According to him, XRP will fall as low as $0.3785, with a further decline to $0.28 in the medium term, and then even lower to around $0.22 before the Bitcoin halving in 2024.

Then spreading out into the longer term, the chart points to a rapid surge in what looks to be a period of about a couple of years. This surge hits its peak around the $25 level, although the $28 and $35 marks are highlighted as well. But at the least, this would mean that the XRP price would rise as high as 5,000% from its current price.

Prediction puts XRP above $25 | Source: Tradingview.com

Although TheLeadingIndicator’s chart shows no specific timeframe, he gives a target year in response to another analyst. The analyst Brandon29992 on TradingView, Go to Source to See Full Article
Author: Best Owie

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