Crypto analyst XRP Captain has provided an ultra bullish outlook for the XRP price

This prediction comes just as crypto Egrag Crypto stated that XRP will reach double digits in this market cycle and then triple digits in the next cycle.

Crypto analyst XRP Captain has set an ultra bullish price target of $100 for the XRP. The analyst suggested that such an ambitious price target is realistic.

This prediction comes just as crypto Egrag Crypto stated that XRP will reach double digits in this market cycle and then triple digits in the next cycle. Meanwhile, crypto analyst Dark Defender has provided an even more bullish outlook for the coin than XRP Captain.

Dark Defender recently predicted that the XRP price could rally to $333 if it mirrors its performance in the 2017 bull run. Analysts like Egrag Crypto have also alluded to the coin’s historical performance in 2017 as the reason it could enjoy massive gains in this bull run.

Analyst Predicts $100 Price Target For XRP

In an X post, XRP Captain stated that $100 is a realistic target for the XRP price in this bull run.

It's not hype. It's a pattern.

We're in the fifth wave of a bull market, and history repeats itself.

In 2017, during the fourth wave, XRP reached $3.8.

In the fifth wave, it went on to reach $7.

If we apply the same pattern to the current bull market, we can expect to see XRP reach triple digits.

This time, in the fifth wave, I believe we could see XRP reach $100 or even higher. It's an ambitious goal, but I think it's attainable. Together, let's strive for this goal. Together, we can achieve anything.

— XRP Captain (@XRCcaptain) August 25, 2023

The analyst noted that it’s no hype but a pattern.

XRP Captain added that they are in the fifth wave of a bull market and that history repeats itself.

The analyst stated that in 2017, during the fourth wave, XRP reached $3.8. He noted that in the fifth wave, the crypto went on to reach $7.

suggesting that if they apply the same pattern to the current bull market, then they can expect to see XRP reach triple digits.

The analyst asserted that this time in the fifth wave, he believes they could see XRP reach $100 or even higher.

XRP Captain said that it’s an ambitious goal but he thinks it’s attainable. He concluded by saying that together they will strive for this goal and that together they can achieve anything.