Seeing this makes me really question myself. Analysts say that XRP might follow the same pattern as 2017. If that's the case, XRP could reach $10 or higher. CryptoBull believes it could hit $10-$11 soon, but Remi Relief says the target is $1,200-$1,700, which seems way too high.



Looking at the chart, XRP is currently in a compression phase. The story is that it's waiting to break through the resistance level. If it breaks out, the surge could happen suddenly and sharply, not gradually like we've seen recently. Statistics indicate that $10 would mean a market cap of around $610 billion, which is not an insignificant figure.

Currently, XRP is trading at $1.43, still far from the $10 target, but there are quite a few people still believing in this. I personally think that a 2017-style move, if it actually happens, would be unlikely. But if XRP actually reaches $10 , that would be crazy. This is definitely something to watch.
XRP0.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin