Top Analyst Says XRP New ATH Approaches

The crypto market is buzzing about XRP, and investors believe its return to all-time highs (ATH) may be sooner than expected.

XRP's price rose 25% in a day to $1.43, taking its weekly gains to 50%. Investors and traders want to know when the cryptocurrency will breach its ATH.

On X (previously Twitter), prominent crypto researcher CrediBULL predicted that XRP would reach its ATH faster than expected.

I predict $XRP will make new ATH faster than most anticipate and outperform $BTC and $ETH from present levels.

XRP has performed well recently. Over the previous 90 days, the currency has gained 90%, exceeding Bitcoin (51% and Ethereum 20%). This short-term dominance signals a market shift, therefore XRP should beat the two market leaders.

However, a problem exists. Bitcoin is reaching $99K and Ethereum is 30% below its high. Conversely, the crypto asset is 60% below its six-year ATH. It's hard for XRP to regain its supremacy, but it shows potential for growth.

CrediBULL noted that the XRP/ETH trading pair has departed a four-year range, suggesting a 240% rise and boosting confidence. This innovation may spark the next big XRP development.

Technical Signs of Hope

Bullish technical indications are appearing on XRP. The Simple Moving Average (SMA) supports the current price trend while crucial indicators like the Relative Strength Index (RSI) reflect lessened selling pressure. According to CoinCheckup, experts forecast its price to climb 7.3% in three months and 80.96% in six months.

The capacity of XRP to routinely break resistance drives these projections. If this movement continues, $2 and beyond may be closer than critics think.

A Market-Changing Event

Recent XRP price changes are part of a bigger cryptocurrency market story. XRP is positioning itself as a leading crypto player as institutional usage and regulation grow. Its $1.54 pricing demonstrates investor confidence and volatility recovery.

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