🚨🚀 XRP is about to go PARABOLIC in this BULL Run 🚀🚨
✅ The analyst said XRP looks very strong, citing chart patterns that will rise to 9 US dollars
In a tweet on Wednesday, Hughes emphasized the resilience of XRP in the ongoing bear market.
🟥 In the bear market storm on Wednesday, the price of XRP plummeted to $2.20. Considering its January high of $2.504, this drop represents an 11.6% loss. 📈
Meanwhile, during the same time period, the value of the king of altcoins Ethereum fell by 14.2%, and Solana fell by 15.25%. Leading meme tokens like Dogecoin performed even worse, plummeting 18% from $0.398 to $0.3268. ⛔
🚀 Essentially, XRP can rise far above the clouds, now seen as a strong sign of momentum. ☁️
♻️ Currently,
$XRP is showing stronger resilience than Bitcoin. In particular, as of the time of writing, the trading price of Bitcoin has fallen by 2.6% to $93,500, while the trading price of XRP is $2.32, only a 0.54% decrease. 🎯
⚠️ Hughes interpreted this as a sign of increased market confidence. Therefore, he boldly stated that XRP may be ready to break through to $9 in the short term. It is worth noting that reaching $9 would represent a significant rise of 288% from the current level. 💰
💱 This price prediction is very consistent with the advice of senior market analyst Peter Brandt. In a recent update, Brandt believes that the market value of XRP may reach 500 billion US dollars, thanks to the formation of a "half-mast flag" pattern on its weekly chart. 📊
✅ This consolidation is carried out after a significant rise in XRP in December 2024, when the market value of XRP reached a peak of $165 billion. 💰
🎯 Brandt believes that if the flag pattern is completed, the market value of XRP may double from its current level, pushing its price to $8.74 per token. However, he warns that the pattern needs to break through within six weeks to maintain its rising potential. 🤑
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$XRP #BuyTheDip #BullMarketStrategy