XRP Undervalued Can Still Pump by 1,840%

Specifically, Martinez mentioned that some analysts consider XRP overbought, having surged by 485% from $0.49 to $2.87 within the last five weeks. However, in his view, XRP remains largely undervalued. His perspective is influenced by XRP’s recent breakthrough of a seven-year downtrend that had kept its price low since 2018

With #XRP breaking out of this pattern, Martinez issued bold price targets for the asset conservatively and optimistically.

for his conservative projection, he expects XRP to hit $8.40. Notably, XRP is currently trading at $2.48, meaning it would require an additional 240% growth to reach this level.

#Other analysts have echoed the sentiment that $8 is attainable for XRP, especially considering its 5x surge in 30 days. However, some argue that $8 is too conservative for XRP.

Meanwhile, Martinez has a much bolder outlook. In the most optimistic scenario, he believes XRP could reach a price of $48.12. This projection suggests massive 1,840% gains for XRP from its current position.#BinanceHODLerMOVE #BURNGMT #MOVEOpening #AmazonBitcoinMove #AltSeasonBoom? $XRP