XRP Analyst Predicts Meteoric Rise for Altcoin Before Bull Cycle Ends

An analyst who has gained a significant following for providing timely altcoin calls believes that the payments altcoin XRP is poised for a significant price surge before the current bull cycle comes to a close.

Analyst Credible’s Bullish Outlook on XRP

With a following of 469,500 on the social media platform X, pseudonymous analyst Credible has shared his bullish outlook on XRP. According to Credible, XRP is showing strong bullish signals on the high time frame, with its price holding above the key level of $2.

Credible notes that the $2 level has historically served as a strong resistance for XRP from 2017 until the end of 2024. However, the altcoin has now managed to establish this level as a solid support, indicating a bullish trend.

Highlighting XRP’s price action, Credible emphasizes, “Aside from being one of the only coins in this entire market with the clearest/cleanest impulsive PA (price action) starting at its launch off of $0.50, XRP is currently going on its EIGHTH month of consolidation above the prior all-time high monthly close.”

Credible is confident that his long-term investment in XRP will pay off during this cycle. He has set ambitious price targets for XRP, expecting the altcoin to surge towards the range of $20 to $30.

Sharing his investment journey, Credible reveals, “Yup, [bought] at $0.18 in 2019 specifically. Still holding it. Back then many said XRP would never see above $1 again. Today, that position alone is up over 10x, and by the end of this cycle, I do expect it to be up over 100x. Taking a bit longer than expected but you won’t see me complaining about a 100x ‘taking too long.’

As of the latest update, XRP is trading at $2.27.

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