XRP could increase by 38,000 percent: Famous analyst spoke for Ripple.

An analyst stated that the XRP chart, which has been stuck for a long time, could increase by 38 thousand percent with its breakout.

#Ripple , which is closely followed by the Turkish crypto ecosystem, attracted attention with its technical structure. The major coin, which has come this close to breaking for the first time since reaching its all-time high, seems to have excited investors. A famous analyst thinks that a 38 thousand percent increase is possible for XRP.

As of the writing of the news, $XRP is changing hands at $ 0.5879 and its market value has decreased by 0.2 percent in the last 24 hours. However, XRP managed to keep its trading volume above the $ 1 billion mark.

An analyst at X believes that this is the calm before the storm and that #XRP is heading towards a major rally. Crypto Bull, who has 145 thousand followers, stated that the major coin has been priced in a triangle structure since reaching an all-time high in 2018. The pair experienced the same process in 2014 and delighted its investors with a big explosion.

If XRP regains the same momentum, it is shown as a possibility that it will rise to $227, which means a 38,500 percent increase from its current price. It is worth remembering that the analyst's prediction is quite ambitious because in such a scenario, XRP's current market value would need to exceed $12 trillion. The biggest indicator that this claim is floating in the clouds is that XRP's projected value is 12 times the current value of Bitcoin and three times the value of the world's most valuable company, Apple.
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