XRP, one of the prominent assets of the crypto world, has attracted great attention with its market value exceeding $ 100 billion. While this development creates excitement among investors, analysts' positive predictions also attract attention. The possible rise of XRP in the near future is being followed with great curiosity in the market.
Analyst Dark Defender noted that XRP tested $ 1.8 and the next target is $ 5. According to analysis based on Elliott Wave theory, the value of XRP can rise to $ 18. He also emphasized that maintaining the $ 1.8815 support level is a critical stage for the continuation of this rise.
Another analyst, Egrag Crypto, predicts that if XRP exceeds $ 2, there will be strong buying pressure and the price may trade in a range between $ 20 and $ 27. Mikybull Crypto, on the other hand, predicts that XRP may make a brief correction at $ 2, but then the price may rise to $ 10. These analyzes show that XRP follows a similar path as its past price movements.
XRP’s market cap is moving towards the fourth place in the crypto world after recent increases. It is also thought that XRP has the potential to surpass Solana and replace Ethereum in the long run. Analysts state that this rise could take XRP to a more strategic point in the market rankings.
While investors have high hopes for XRP’s current momentum, they are taking a more cautious approach due to the volatile nature of the crypto market. XRP’s market performance and price predictions provide an important indicator for investors about the direction of the crypto market.
Drawing attention with its market value and price levels, XRP continues to create an important agenda in the crypto world. Therefore, it is of great importance for market players to act carefully and strategically.