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XRP is Poised for Strong Growth, Predicts Analyst
A popular crypto analyst has predicted that Ripple’s native cryptocurrency XRP could potentially reach $35 in the near future. This prediction comes as a result of XRP’s recent price rise and successful break-out above a key resistance level.
According to Steph, the analyst, XRP’s recent 30% price increase is a strong indication of its bullish momentum. He emphasizes the importance of paying close attention to price movements and taking profits as prices rise.
Steph also highlights that XRP has been moving upwards against Bitcoin since November, which he believes may lead to a significant outperformance by XRP compared to Bitcoin. In his view, this could potentially lead to an increase of up to 78% over the coming years.
The prediction comes as Ripple’s network continues to grow, with numerous institutions and investors taking notice of its potential for high returns on investment. As more institutional capital flows into the market, it is likely that XRP will see significant price growth.
While no one can predict the future with certainty, this prediction highlights the immense potential for XRP to continue its upward momentum.
Source: www.crypto-news-flash.com
