Ripple’s XRP has been trading below $1 for nearly three years, largely affected by lawsuits filed by the U.S. Securities and Exchange Commission (SEC). Even during the small rally that followed Donald Trump’s election, XRP saw sluggish price action, struggling to maintain a price of $0.57. But on November 16 of last year, the altcoin hit $1 after a 14.72% surge.
Back a week ago, XRP was trading at $1.50, having hit $1.62 on November 23 of last year. For many analysts, the XRP price is nowhere to be seen, with one popular Twitter/X user saying the price will never fall below $1 again.
In a Twitter post/X on November 23 last year, a millionaire advisor, also known as “Bearable Bull,” boldly predicted that the market would never see XRP “fall below $1 again.”
XRP Price Won’t Return to $1 – Analyst
XRP’s recent price surge has caught the attention of many analysts and market observers. Bearable Bull, a popular cryptocurrency advisor on Twitter/X, is one of the analysts who has offered bold insights into XRP’s price movements.
In a Twitter post/X that garnered 94.7k views, Bearable Bull shared that the community will never see XRP return to $1. Other analysts also shared his view, saying that the token has solidified its base.
However, some analysts have raised some alarms, saying that it is still too early to tell whether XRP will fall below $1 again. On November 16 of last year, XRP reached a high of $1,267. The next day, there was a small price correction, but XRP did not fall below $1.
Bold Predictions on the Future Price of XRP
The market’s optimism about XRP’s price performance continues to this day. Even Ripple advocate John Deaton predicts that it will continue its bullish momentum and he expects the coin to return to a $100 billion market cap.
Additionally, “CrediBULL” expects the digital asset to hit an all-time high soon. He also claims that XRP could outperform Ethereum and Bitcoin. Based on current price data, it has increased by 125% in the past three months, surpassing Ether’s 20% gain and Bitcoin’s 51%.
