XRP is still on the rise, fluctuating around the $0.40-0.47 price range, recently becoming a source of controversy among some crypto analysts.
Despite Ripple’s series of stellar alliances globally, XRP is yet to experience the bullish price action that the cryptocurrency wants to see and embrace. With XRP ETF discussions ongoing, the market still predicts Ripple will soon keep up with the price increase and reach new highs soon.
XRP to 50 USD?
Noted crypto analyst Egrag Crypto has once again made an attractive price prediction for XRP. In the latest post uploaded on X, the cryptocurrency expert pointed out the future price path of Ripple and how it is constantly evolving to adapt to new changes. The expert shares that XRP is entering a bullish triangle phase and that XRP will soon show significant price action.
While urging his audience to stay positive amid the current XRP price landscape, the expert shared a series of positive price predictions to give XRP enthusiasts hope for the long term. The cryptocurrency guru pointed out that XRP enthusiasts should expect Ripple to touch the $100 price level soon, as the cryptocurrency will definitely touch the $50 mark after the conclusion of legal proceedings.
“In the future, newbies will say #XRP stagnates at around $50 instead of $0.50. They will say #XRP is only pumped from 50 USD to 200 USD. They will never understand seven years of faith and dedication.”
Weekend price forecast for Ripple
These price predictions may be hopeful but some crypto analytics platforms tell a different story. According to Coincodex a spike in XRP to $0.50 is very possible, as the platform predicts Ripple will surpass $0.50 and trade at a price of $0.62 on June 24.
The $0.50 price range is now a key moment for XRP to break through. After crossing the $0.50 price mark, Ripple could show significant price action after crossing the said price threshold.
According to CC, XRP could increase by 20% by the end of June to trade at a price of $0.61.
“According to our current XRP price prediction, XRP price is predicted to increase by 20.59% and reach $0.616361 by July 17, 2024. According to our technical indicators, current sentiment is bearish, while the Fear & Greed Index is showing 71 (greed). XRP recorded 13/30 (43%) green days with a price volatility of 3.56% over the past 30 days.”
