A prominent member of the XRP community has put forth the view that those who cannot fathom an XRP price surge to a significant three - figure milestone may not be thinking big enough.
It's worth noting that XRP has shown remarkable performance during the current bullish market phase. In November, it recorded a substantial 283% increase. As of now in December, it has further advanced by 23% and is currently trading at $2.41. Over the past seven days, it has been trading within a relatively stable range.
At this juncture, various analysts have proposed different potential price targets for XRP once it breaks free from this period of consolidation. Some market observers have set targets as low as $6. Meanwhile, analysts like EGRAG have forecasted that XRP could reach $27.
However, market analyst Crypto Bitlord contends that these targets are rather modest. He has revived the prediction of XRP hitting $589. This particular price level holds historical importance within the XRP ecosystem.
In a recent statement, Bitlord asserted that other analysts' estimates were overly cautious. He firmly believes that $589 is the actual and attainable target. He even went so far as to imply that those who cannot envision XRP reaching this price point may not be as "imaginative" or "optimistic" enough, alluding to the often-dismissive remarks that XRP investors have had to endure in the past due to their ambitious price expectations.
$XRP $589#XRPGoal