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XRP’s Record-Breaking Bull Runs Hint at $15 Target—90-Day Countdown Begins
Ripple’s (XRP) recent bull run has been nothing short of remarkable, with some analysts hinting that the asset could be on the cusp of a monumental surge. In an unprecedented move, multiple crypto experts have come forward to predict that XRP is poised to break new ground and potentially reach $15 within the next 90 days.
To put this prediction into perspective, it’s essential to recall the digital asset’s recent performance. Despite positive developments such as its settlement with the U.S. Securities and Exchange Commission (SEC), progress on XRP Exchange-Traded Funds (ETFs), and inclusion in a strategic stockpile, XRP has struggled to breach the critical resistance level of $2.85.
However, a closer examination of historical patterns suggests that this may be an imminent possibility. According to crypto analyst EGRAG CRYPTO, XRP tends to form two peaks during bull runs, with the second peak following 90 days after the first. This pattern was observed in 2021 and 2017, both instances where XRP’s price skyrocketed.
In a similar tone, MackAttackXRP emphasized that XRP’s previous bull cycles hint at the possibility of a run towards a new all-time high of $15 within this timeframe. Notably, Ripple Labs’ digital asset has been experiencing an unprecedented surge, with some experts believing it could potentially reach an astonishing price of $15 in just three months.
Other analysts have also weighed in on the matter, suggesting that a breakout above $3.00 could invalidate the bearish head-and-shoulders pattern and pave the way for a bullish reversal.
While some market observers are skeptical about such drastic price movements, others believe that this is not an impossible feat given XRP’s impressive recent performance.
The question remains whether these predictions will become a reality or remain mere speculation. Only time will tell if XRP can defy expectations and reach new heights in the coming months.
In conclusion, it appears that XRP is at the cusp of something remarkable. While some may be skeptical about the prospects of reaching $15 within 90 days, others believe this could be a genuine possibility.
Source: https://www.crypto-news-flash.com/xrps-record-breaking-bull-runs-hint-at-15-target-90-day-countdown-begins/?utm_source=rss&utm_medium=rss&utm_campaign=xrps-record-breaking-bull-runs-hint-at-15-target-90-day-countdown-begins
