What? Is XRP about to experience a super surge of 57155%?
Could XRP see a super surge of 57155%? Approaching a sky-high price of $305!
Analysts predict a price increase of up to 57155%, aiming for $305.
Recently, the price of XRP peaked around $1.635, and market participants believe this may be a sign of a historic surge for XRP.
An analyst named Helkin Ashi, who goes by the nickname "LUDXRPFLR" on X, has studied the historical trends of XRP and discovered some interesting patterns. He stated that XRP's price movements always tend to repeat certain patterns.
He shared a chart showing XRP's price movements over the past decade, resembling a copy-paste effect; previous movements often guide future prices.
For instance, XRP reached its peak at the end of 2013, then fell steadily until stabilizing in mid-2014. However, at the beginning of 2015, XRP suddenly surged again, although it didn't reach the heights of 2013.
Afterward, XRP fell for a while, but this time the decline lasted longer, continuing until the first quarter of 2017. But then, XRP skyrocketed like a rocket, rising from $0.0055 at the beginning of 2017 to $3.84 at the beginning of 2018, marking a 70000% increase in just one year!
After this surge, XRP's price fell back down. Interestingly, the trend in 2018 was quite similar to the trend after 2013. Therefore, after hitting a bottom in 2020, XRP rebounded in 2021.
However, the increase in 2021 was not as significant as in 2018, just like the increase in 2015 was not as significant as in 2013. Moreover, the adjustment period after 2021 was also longer.
If XRP's historical trends are indeed this accurate, Helkin Ashi and other analysts believe that after this long-term adjustment, the surge could be similar to that of 2017/2018.
Ashi even predicts that if XRP continues to rise according to this trend, the mid-term peak could exceed $16, with the possibility of reaching $305! Friends who bought XRP should hold on tight.
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