An Expert Now Predicts XRP Price Rise Timeline

An expert now predicts XRP price rise timeline that could see its price climb from $5 to $30 within a certain period.

XRP has recently seen a resurgence in optimism after reclaiming the $1 mark for the first time in nearly three years.

Following this, the token has continued to climb, currently trading at $1.44, reflecting a 59% increase in just a week.

The focus now shifts to the $2 level, which would represent a significant milestone, as XRP last reached this price in January 2018.

Analyst CryptoBull emphasizes the importance of XRP closing November above $2.

If achieved, this would signify a remarkable 288% increase for the month, marking XRP’s highest monthly gain in seven years.

Currently, XRP is already up 203% this month, making a close above $2 even more significant.

CryptoBull draws parallels to XRP’s performance in March 2017, when the token experienced a similar breakout.

If XRP closes above $2, it could indicate a repeat of that bullish trend, potentially allowing it to reach $5 by the end of December 2024.

Following that trajectory, the analyst believes XRP could surge to $30 by the end of January 2025, representing a staggering increase of 1,835% from its current price.

Achieving this would require substantial capital influx, pushing XRP’s market cap close to that of Bitcoin.

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Also Read: XRP Now Achieves Highest Weekly Close in Three Years

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Frank Nez

Frank Nez is an American retail journalist whose research has been cited by SEC and Congressional reports. Frank Nez has been featured by prominent outlets such as TheStreet and NewsBreak. ‘Daily Crypto News’ is now an official CoinMarketCap news source.

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