Analyst Debates Over $21 and $152 XRP ATH Target Possibilities This Bull Cycle, How Far Will Ripp...

Analyst debates over $21 and $152 XRP ATH target possibilities this bull cycle

Ripple’s XRP has a lot of time to make up for and analysts expect parabolic price pump

Will XRP manage to hit a 3-digit ATH target this altseason peak?

With expectations for altseason’s highly anticipated arrival increasing by the day, and ETH’s slow rise to the $3,000 target spurs new ATHs for altcoins, several altcoins are showing strong bullish signals and one of the most bullish altcoins for this bull cycle, Ripple’s XRP is among them. Presently, one analyst debates over $21 and $152 XRP ATH target possibilities this bull cycle

Analyst Debates Over $21 and $152 XRP ATH Possibilities

The analyst in the post above has shared many accurate predictions and interesting observations for several crypto assets over the last few months. As we can see from the post above, his latest take on the crypto market has to do with the popular crypto altcoin, Ripple’s XRP, an asset recognized to be one of the most bullish altcoins for this ongoing bull cycle. Analysts expect the price of XRP to soar in the coming altseason peak phase

In particular, based on the post above, this analyst believes that the price of XRP could skyrocket to a 3-digit ATH price. He says that XRP can be setting up to deliver its next wave up towards the 1.618 Fib Level as highlighted in the figure on the post, a move that could lead to a price pump of over 800%. This would take it to an ATH price of $21. But he doesn’t believe the pump could end here, saying a push all the way to its 2.272 Fib Level would result in an ATH price above $152.

He then follows this up by saying while the $21 target seems to be the more ‘realistic’ approach, he says that the $152 could be a feasible target as well. In conclusion, he says that perhaps $152 may appear in the cycle ahead, but it does not mean it cannot arrive this bull cycle. Finally, he states that the level is not to be counted out based on past performance and highly similar structures that took place leading up to the recent breakout.

XRP’s Next Move Starts Small

While expectations continue to go high for Ripple’s XRP, the asset that struggled through 7 years of being suppressed due to the case against the SEC, many remain highly positive over XRP pulling off a parabolic pump in altseason’s peak phase. According to CoinMarketCap analytics, the price of XRP currently sits at $4.24, indicating that the altcoin is up by over 1% in the past 24-hours. The altcoin also boasts a total market cap of $131,721,470,173.51 and a 24-hour trading volume of $2,438,364,185.25

Presently, XRP price needs to pump over 41% to reclaim its previous ATH price of $3.84. The analyst in the post above believes that the asset is ready to start a steady pump set to reclaim the next bull target of $2.36. After this, he expects XRP price to climb upward to hit $2.65, and steadily work its way up to its previous ATH price, before surging to set new ATH records up to $27 and higher