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Cryptocurrency News Articles

Mikybull Predicts XRP Surge Like Dogecoin

Nov 16, 2024 at 10:21 am

Crypto analyst Mikybull believes XRP is preparing for a major rally. Previously, Mikybull tweeted his optimistic prediction, comparing XRP's potential surge to Dogecoin's recent explosion.

Mikybull Predicts XRP Surge Like Dogecoin

Crypto analyst Mikybull believes XRP is preparing for a major rally, predicting it could reach $2 by the end of 2024.

Mikybull has previously compared XRP's potential surge to Dogecoin's recent爆発, which saw the meme coin rise over 200% in just nine days.

At the time, XRP's price remained relatively calm, while Dogecoin soared from $0.1428 to $0.4359.

This surge pushed Dogecoin's market cap beyond $55 billion, placing it above XRP and USDC in the rankings. Moreover, its 24-hour trading volume increased to $19 billion, according to CoinMarketCap.

While Dogecoin experienced this massive price rally, XRP lagged behind, unable to keep pace with the surging meme coin.

However, Mikybull remained optimistic about XRP's future despite this gap. He believes XRP will soon follow in Dogecoin's footsteps, triggering a similar market frenzy.

Mikybull's bullish outlook has attracted attention in the crypto community, with some XRP enthusiasts expressing excitement over his predictions.

He has remained confident that XRP is primed for a “giga send,” which would be a major price surge, similar to the one experienced by Dogecoin.

In his recent predictions, Mikybull pointed to a breakout in the RSI indicator as a strong sign that XRP could soon see a major price surge.

While Mikybull's $2 price target has sparked attention, some XRP fans believe this forecast is too conservative.

A prominent XRP fan, Gauda, argued that XRP could rise as high as $20 if it rallies like Dogecoin, noting that $2 would still be far below XRP's all-time high.

Gauda urged Mikybull to aim higher, remaining optimistic that XRP has the potential to exceed expectations and deliver massive gains if the market conditions align.

This bullish prediction aligns with the one analyst EGRAG shared on October 21 through an X post.

The analyst said then that the XRP/BTC trading pair hit an important support level tagged “YOLO.”

In the post, EGRAG highlighted previous events, which he thinks will soon play out. Based on that, he predicted XRP to climb $17 if BTC hit $100,000.

With several bullish forecasts and rising enthusiasm from investors, XRP could soon make a significant move in the market.

News source:techreport.com

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