๐ XRPโs Market Cap Hits $40B
XRP has surged over 13% in the last 24 hours, pushing its market cap to $40 billion. This rally has sparked predictions of further price increases if the current bull run continues.
๐ Targets of $1.28 and Beyond
Crypto analyst Crypto Insight predicts XRP could hit $1.28, noting that a clean break above the $0.66 level could send it soaring above $1. Currently, XRP has touched $0.7, suggesting that a rally above $1 is imminent. Analysts compare this momentum to recent surges in Dogecoin and Cardano, which rose 100% and 60%, respectively.
๐ฅ โGod Candleโ Prediction
Analyst Mikybull Crypto anticipates a โgod candleโ for XRP, suggesting a significant surge is imminent, possibly reaching $2 by year-end. Another analyst, Dark Defender, sees $1.03 as the next target, predicting a rapid climb if XRP breaks past $0.66.
๐ธ Potential to Reach $3-$10
Zach Humphries believes XRP could reach between $3 and $5 during this bull run, even without full regulatory clarity. If the ongoing Ripple vs. SEC case concludes favorably and XRP ETFs gain approval, he sees potential for a parabolic rise to $8-$10.
๐ Bullish Drivers
Humphries is confident in a base scenario of XRP hitting $3, recalling its $2 peak during the 2021 bull run amid regulatory uncertainty. Factors like the RLUSD stablecoin and relisting on major exchanges add to the optimistic outlook.
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