Will XRP market cap reach $14 trillion? Analysts predict a staggering surge!

A cryptocurrency analyst has recently made a staggering bullish prediction for XRP, the native token of the XRP Ledger, suggesting it could surge by approximately 58,000% to trade at $250, which would imply a 14 trillion dollar market capitalization for the cryptocurrency.
The analyst, known as The Great Matsby, shared this bold forecast on the microblogging platform X (formerly Twitter). His prediction is based on a technical pattern known as the Bollinger Band squeeze. According to The Great Matsby, XRP is currently experiencing one of the tightest monthly Bollinger Band squeezes in its history, a pattern that has often preceded significant price movements in the past.
Historically, the last time XRP underwent a similar squeeze, its price skyrocketed by 60,000%, climbing from around $0.006 to nearly $4 before correcting. At present, XRP is trading at $0.44. If it were to experience a similar surge, its price could exceed $250.
Such a dramatic price increase would elevate XRP’s total market capitalization to an astounding $14 trillion, far surpassing the current overall cryptocurrency market cap of 2.1 trillion dollar. This would place XRP's market cap significantly higher than that of Apple, the world’s largest company, which has a market cap of 3.5 trillion dollar.
According to data from CompaniesMarketCap, this would position XRP just behind gold, which has a total market capitalization of over 16.1 trillion dollar.
Interestingly, while The Great Matsby predicts a monumental rise, another analyst has recently pointed to a potential price drop for XRP. This analyst warned that XRP could crash to a low of $0.07 over the next few months, using Elliot Wave Theory to support this bearish outlook.
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