$XRP
XRP Futures
Armando Pantoja, a member of Benzinga Crypto, expects a significant rise in the value of XRP during the upcoming altcoin season, supported by historical, technical, and regulatory factors.
Historical Analysis:
XRP saw a 110,000% increase during 2017-2018, and Pantoja believes the coin could rise from $2 to $2,200.
Technical Analysis:
Analysts have pointed to historical patterns that could push the price to levels like $27, a 4,770% increase, provided the resistance at $2.6 is broken.
Regulatory Factors:
Ripple’s case with the SEC and potential political support, such as the Trump administration, could support the coin.
Current Status
XRP is trading at $2 after a small decline, with expectations of a record high if the supporting factors come together.
