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$6 XRP Price Expected as Altcoin’s Next ATH Target, Analyst Believes $15 Target a Likely Possibility This Cycle
The crypto market is abuzz with renewed enthusiasm following Bitcoin’s (BTC) impressive price surge. As the flagship cryptocurrency reclaims the $101,000 price range, many analysts are now shifting their attention to altcoins, and none more so than Ripple’s XRP.
A prominent analyst has taken to Twitter to make a bold prediction regarding XRP’s future performance. In a recent post, Doctor Profit (@DrProfitCrypto) asserted that they had previously predicted an easy new ATH for the altcoin, with its next target being $6.
“I promised you an easy $2,” the analyst tweeted on January 16th, “At $2 I promised you an easy new ATH Now it’s far from over, next target is $6.”
This prediction has sent shockwaves throughout the crypto community, with many investors scrambling to position themselves for a potential XRP rally. While some may be skeptical of such a drastic price increase, other analysts have been quick to corroborate Doctor Profit’s assessment.
In another tweet, Ali (@ali_charts) shared an eye-catching chart analysis that suggests XRP could potentially reach much higher targets this cycle. The analyst pointed out that the asset has broken out of a symmetrical triangle on its monthly chart, hinting at a potential upside target of $15.
As the crypto market continues to unfold, it remains to be seen whether these predictions will come to pass. One thing is certain, however: the enthusiasm surrounding XRP’s prospects is palpable. With Bitcoin’s price now firmly back in the 6-digit range, many investors are reevaluating their portfolios and searching for the next big opportunity.
Will Ripple’s XRP emerge as a leading candidate for altcoin enthusiasts seeking new returns? Only time will tell, but one thing is clear: the crypto community is abuzz with excitement over these developments.
Source: cryptonewsland.com
