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Analysts are making bold predictions about XRP’s future, with XRP Captain suggesting it could hit triple digits this cycle, though he provided no clear timeline or catalyst.
Egrag Crypto expects XRP to reach double digits now and triple digits in the next cycle, while Dark Defender sees a potential surge to $333 if history repeats.
Dark Defender believes XRP is forming Wave 1 on the daily chart, forecasting an initial rise to $2.42 before a breakout above the Ichimoku clouds.
Key support sits at $2.22 and $2.04, with possible targets at $4.29 and $5.85. Rose Premium also expects XRP to hit $5, linking its rise to BlackRock’s ETF moves.
Egrag Crypto points to XRP’s rising market dominance, nearing the 2021 high of 6%. If it breaks key Fibonacci levels, he predicts dominance could surge to 15-20%, a level not seen since 2015.
He also suggests XRP’s RSI indicates growing momentum, with levels above 70 signaling a strong uptrend and 89 marking the start of a parabolic rally.
Active crypto trader who also follows news related to stocks, the S&P 500, and gold. Deyan enjoys staying physically active, trains regularly, and practices calisthenics. He also likes reading sci-fi books when he has the time.