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Analysts predict XRP could reach $8-$24, with price discovery at key resistance.

Former XRP critics, including Davinci Jeremie, now project bullish price targets.

XRP Army mocks skeptics as market excitement grows amid shifting analyst views.

XRP’s price movement has generated excitement within the crypto market, with notable analysts projecting significant growth. Charting Guy, a well-known analyst, highlighted that XRP/BTC is gradually climbing through a middle resistance zone. 

If the price surpasses this level, it could enter a price discovery phase, targeting the 4126 area. This translates to approximately $4 per XRP. The key resistance at 8120, or roughly $8 per XRP, could determine whether the token reaches this milestone in spring or fall.

$XRPBTC slowly moving up through middle resistance zone

over this level we get to price discovery at the 4126 area which would be like $4 $XRP

that is our final key level before 8120, roughly $8 $XRP

i believe that level will determine if $XRP hits $8 in Spring or Fall https://t.co/7fzcyqD3sH pic.twitter.com/usWRDWqJDj

— Charting Guy (@ChartingGuy) February 14, 2025

Analyst Shifts: From Skepticism to Bullish Projections

Several long-time XRP critics have recently changed their stance, fueling further optimism. One of the most surprising turnarounds came from Davinci Jeremie, a well-known Bitcoin maximalist who previously dismissed XRP as a failed project. Jeremie now predicts XRP could surge to $20-$24 during this bull run, a stark contrast to his earlier views.

Jeremie had long labeled XRP as worthless, often arguing that its price could drop to zero. However, recent market movements have compelled him to reconsider. The shift in his perspective reflects a broader trend among skeptics who are now acknowledging XRP’s growing potential. 

Other high-profile figures, such as Real Vision CEO Raoul Pal and veteran trader Peter Brandt, have also joined the list of former critics now expressing bullish sentiments. Brandt even suggested that XRP could reach a $500 billion market cap, pushing its price to $8.

Market Excitement and XRP Army’s Response

The XRP community has taken notice of these changing sentiments. Many enthusiasts, often referred to as the “XRP Army,” have openly mocked critics who once dismissed the token but now predict higher valuations. 

Tony Edward, founder of the Thinking Crypto podcast, called this shift the “XRP hater capitulation.” He pointed out that many who previously ridiculed XRP are now scrambling to invest and adjust their narratives.

Some critics-turned-supporters, including billionaire Mike Novogratz, have drawn further scrutiny. According to Edward, many of these individuals are now attempting to reposition themselves to avoid appearing wrong about XRP’s market potential.

The $XRP hater capitulation is a beautiful thing to behold. From influencers like Davinchi to hedge fund leaders like Mike Novogratz.
All of them are bending the knee, many were not allocated and they are now scrambling to buy and cover their tracks so they don't look like… https://t.co/pA2Paj9MDh

— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) February 13, 2025

Jeremie’s Caution Despite Bullish Projections

Despite his optimistic price prediction, Jeremie remains skeptical about XRP as a long-term investment. He argues that its strong ties to the banking system create risks similar to those associated with traditional financial institutions. This perspective has sparked debate, with some XRP supporters dismissing his caution as fear, uncertainty, and doubt (FUD).

XRP’s Recent Performance and Market Outlook

XRP’s price currently stands at $2.77, reflecting a 1.54% increase over the past 24 hours and a 14.67% rise in the past week. The token boasts a market cap of $160.3 billion, supported by a circulating supply of 58 billion XRP. 

The post XRP’s Bullish Momentum: Analysts Eye $8-$24 as Former Skeptics Flip Sides appeared first on Daily Crypto Market News | Bitcoin and Altcoins News.

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