888.88% Price Pump to $27 – $31 XRP ATH Price Target Grows Closer as Analyst Breakdown Unique Possibility
- Analysts convene over the future of XRP and the altcoin’s new ATH that could arrive soon.
- One analyst believes an 888.88% price pump could take XRP price to $27 – $31.
- Another analyst expects monumental pumps for XRP in the coming months.
As Bitcoin nears the $66,000 price target and makes its way towards breaking through its next crucial resistance level of $68,000, sentiment for a new ATH target in the coming weeks grows closer. More excitingly, altseason seems to be on the horizon as more and more altcoin price charts mirror BTC bullish lead.
In detail, many altcoin price charts have shared multiple bullish chart formations from inverted head and shoulders patterns, golden crosses, bullish pattern breakouts , and many more. Some altcoins like FET, VET, RIO, SHIB, DOGE, JASMY, and many other assets are already pumping.
Impressive 888.888% Price Pump for XRP
One altcoin preparing for a massive rally is Ripple’s XRP . One analyst shares a very unique observation in the XRP price chart which could lead to a phenomenal 888.88% price pump. As we can see from the post above, this analyst believes XRP is setting up a similar price chart to that of 2017 when XRP pumped parabolically.
$27 – $31 ATH Expected for XRP Price
He expects XRP to hit a new ATH of $27 and $31 which would be a pump of 888.88% from the asset’s previous ATH of $3.84, according to CoinMarketCap analytics. In 2017, XRP pumped by 4,500%. The analyst highlights the next major target zones for XRP which are $6.5 and $31 charting big potential for the future of XRP.
Read CRYPTONEWSLAND on google newsSimilarly, another popular analyst shares his thoughts on how high XRP could go. He highlights BTC price action and how it will positively influence XRP’s pump . Despite differing targets, both analysts are certain about XRP making massive moves in price for the coming months.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin's market cap crosses $63 billion after 51% price surge
Dogecoin gained 51% in the last 24 hours to trade at $0.43, with a market capitalization of $63.5 billion.Analysts say Dogecoin proponent Elon Musk’s involvement in the upcoming Trump administration is adding fuel to the memecoin’s surge.
Bitcoin futures basis yields at multi-month highs may signal potential leverage unwind risk: analysts
Bitcoin futures basis yields have surged to 7-month highs, raising concerns over market leverage, QCP Capital analysts say.However, the analysts noted strong demand for high-strike call options, signaling investors’ anticipation of further breakout potential.
The German government missed out on $1.6 billion by selling its bitcoin early
The German government sold 50,000 bitcoin just four months ago — right before a major rally in the asset’s price.This pales in comparison to the amount of value the U.S. government has missed out on from its 11 bitcoin auctions.
Coinbase launches COIN50 index, tradable as a perpetual future with up to 20x leverage
Coinbase has launched a new index representing the top 50 digital assets listed on its exchange that meet the index’s fundamental criteria for inclusion.The COIN50 index is also available to trade as a perpetual future with up to 20x leverage.