After a prolonged period of stagnation, the price XRP The sudden start to rise has led several cryptocurrency analysts to make optimistic predictions about the direction of the altcoin.
XRP’s Optimistic Timeline
recent positive prediction It was created by BarriC, a cryptocurrency expert and XRP enthusiast who has built multiple timelines for the digital asset to rise to unprecedented levels over the long term. BarriC voiced his opinion via the According to analysts, cheap XRP today is defined as less than $0.80.
The expert also highlighted his prediction that XRP will trade between $1 and $3. BarriC specifically claimed that by the end of this bull market, cheap XRP will be between the aforementioned price levels.
BarriC went on to consider the cryptocurrency asset undervalued for the next four to five years, especially between the $10 and $15 threshold in the following years. bitcoin halving Events and bullish cycle from 2028 to 2029.
If XRP is trading as cheaply as $10 to $15 by the end of the next bull market, analysts expect XRP to reach much higher prices at the peak of the bull cycle.
BarriC is planning a significant surge from the expected $10s to triple-digit landmarks. Following the subsequent half-life bull cycle, Analysts expect the token to be undervalued at $100 and $500, which is expected to occur in 2032 and 2033.
Concluding his predictions, he asserted that market participants will always have access to low prices. However, it is up to those interested in altcoins to decide how much money to invest.
Even $1,000 is possible in the long term.
It’s worth noting what the analyst previously mentioned: expectation The price of XRP is $1,000. According to BarriC, the path of XRP in the coming months and years promises to be interesting. he believes Price of XRP It will rise as the cryptocurrency market expands and changes, resulting in massive growth and broader adoption.
Given his expectations for mass adoption and growth of the coin in the coming months and years, he expects a high of $1,000 in the long term. Other prices experts should watch out for include $1, $5, $10, $50, $100, and $500.
Whether in the short or long term, BarriC is confident that its token will change people’s lives.
XRP trading at $0.6009 on 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com
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Source: NewsBTC.com