Crypto Analyst Predicts XRP Price Will Surge 800% To Reach $5 In The Next 90 Days

Name	Symbol	Market	Market Cap ($)	Algorithm
Internet Computer	ICPUSD	Crypto	3,298,207,124	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Internet Computer

ICPUSD

Crypto

3,298,207,124

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.110	-1.51%	7.18	7.18	7.19

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.110

-1.51%

7.18

7.19

High Price	Low Price	Open Price	Prev. Close	52 Week Range
7.35	6.92	7.27	7.29	2.81 - 20.96

High Price

Low Price

Open Price

Prev. Close

52 Week Range

7.35

6.92

7.27

7.29

2.81 - 20.96

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:14:28	1.45	7.18	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:14:28

1.45

7.18

USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,175,807.97	305,870.38	ICP	ICPEUR	ICPGBP	ICPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

2,175,807.97

305,870.38

Crypto Analyst Predicts XRP Price Will Surge 800% To Reach $5 In The Next 90 Days

17/01/2024 10:00pm

NEWSBTC

Crypto analyst Egrag Crypto recently made a bold prediction as to the future trajectory of the XRP price and asserted when exactly the crypto token will hit this price level. Considering XRP’s current price level, it will no doubt be interesting to see how this prediction plays out. “XRP To $5 In 90 Days” Egrag mentioned in an X (formerly Twitter) post that XRP will rise to $5 in 90 days. The analyst also suggested that this price surge was just the beginning of XRP’s meteoric rise, as he said that the $5 range will mark the “initial wave 1 of a prolonged bull market.” This bull market, he expects, will span for several months, possibly enough time for XRP to hit all of Egrag’s bullish targets. Related Reading: Crypto Community Raises Alarm Over Coinbase’s Dominance Of Bitcoin Held In Spot ETFs The analyst outlined these bullish targets in a subsequent post as he noted that they remain unchanged. Egrag predicts that XRP will hit $1.2, $1.6, $7.5, and $13 on its way to $27. He had previously laid out a narrative as to why XRP will surge by over 4000% to hit $27. According to him, XRP hitting this price level was a real possibility considering that the token had in 2017 risen by 61,000%. Egrag happens to be one of the analysts who are most bullish on XRP’s future despite its current price action. His most bullish prediction to date remains how XRP could rise to $2,500 by 2029. All this while, he has also urged XRP holders to be more patient as good things lie ahead for those who will stick around. Notably, Egrag credits his conviction to the amount of research he has put into studying XRP’s price movement over the years. Another reason why he seems to have become more bullish on XRP is because of the regulatory clarity that it enjoys. He once noted that this places XRP as the “safest investment choice.” Token price at $0.56 | Source: XRPUSD on Tradingview.com A Further Analysis Of XRP Price Chart In the meantime, Egrag believes that the $0.55 level stands as “significant support for XRP,” and he doesn’t see the weekly candle closing below the $0.50 level. He further noted that the “edge of the atlas line looms at $0.43.” However, he is not anticipating XRP dropping to that price level. Instead, he is choosing to focus on the bigger picture. Related Reading: Bitcoin Gearing Up For Recovery As Large Whales Stop Moving Old Coins Meanwhile, crypto analyst Crypto Rover also recently predicted that a parabolic breakout is on the horizon for XRP. Just like Egrag, he provided a timeline, saying it would happen in the “upcoming 8 weeks.” However, His prediction looks more conservative than Egrag’s $5 prediction, as the chart Rover shared showed that XRP could rise to just over $1. At the time of writing, XRP is trading at $0.57, according to data from CoinMarketCap. Featured image from CryptoRank, chart from Tradingview.com

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ICPUSD Internet Computer