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Cryptocurrency News Articles

Is XRP to $10 Really Possible? Top Analyst Makes ‘Realistic’ Ripple Price Prediction

Oct 01, 2024 at 04:30 am

In a YouTube video titled “XRP TO $10… (BUY NOW)”, Crypto AiMan, a top analyst with a large community of more than 72,000 subscribers, explained

Is XRP to $10 Really Possible? Top Analyst Makes ‘Realistic’ Ripple Price Prediction

Top crypto analyst Crypto AiMan has shared his thoughts on the possibility of XRP reaching $10 in a recent YouTube video. While some predictions suggest XRP could reach $50 or even $100, AiMan takes a more conservative approach. He believes XRP reaching $10 is possible, especially considering its use for institutional purposes. XRP is currently trading at around $0.65, and a 15x increase would bring it to $10.

AiMan bases his analysis on several factors, including XRP’s past price movements, market cycles, and the digital asset’s increasing use in institutional settings. He highlights that XRP’s price surged a lot in the past, especially with its first notable pump being back in 2013 when its price jumped from $0.002 to $0.06, a 30x increase. Then in 2017, XRP’s price saw a 550x surge and went from $0.06 to $3.

However, XRP’s price has seen some degree of stability in the past seven years. Now investors are wondering if it will go up a lot again soon. The analyst believes that XRP’s price might go up again because it did before and adds that the long consolidation period without changes could mean a big increase is on the way.

Crypto AiMan believes Ripple’s XRP is getting ready to make another big move soon, as several technical indicators suggest that the price of XRP is nearing the end of a lengthy consolidation phase. He urges viewers to consider accumulating XRP during this period of low prices. AiMan also encourages his audience to accumulate XRP, even in small amounts, before the anticipated price surge. He adds that whenever XRP’s price goes up, it tends to go up fast. Moreover, over the past, XRP’s price has exploded very quickly during bull runs.

While AiMan is optimistic about XRP’s future, he’s also being realistic. He believes the price could reach $10, which would be a wonderful increase from where it is now. AiMan adds that it could even go higher if everything goes well in the crypto market

News source:captainaltcoin.com

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