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#Cryptowizard Says XRP Turbo Candle Inbound, Cites Likely 210% Price Pump
$XRP Reclaims $0.63 Level, Analysts Predict Significant Gains
- XRP recently broke back above $0.63, following a period of trading in the $0.58 range. The move has sparked interest among crypto enthusiasts, with prices rising to as high as $0.66.
- Analysts like Crypto Wizard believe that XRP is on track for further gains, citing a potential 210% increase to reach $2. This would represent a significant return on investment, equivalent to a 2X gain for current holders.
- The chart depicted by Crypto Wizard shows a similar pattern to one observed in 2021, where XRP rallied to $1.96 before stabilizing. The analyst expects a repeat of this pattern, with prices potentially reaching an all-time high.
- Other analysts, such as
#Michael XBT, have expressed similar views, predicting that XRP will continue to "print money" for holders if it reaches $2. In August, Michael estimated that he could net up to $1.5 million in profit from his XRP position if the asset were to reach this level.
- While some analysts are cautioning against selling XRP holdings at current prices, others believe that holding onto their investment is a wise move, especially given the potential for significant gains.
Source - thecryptobasic.com
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