Pro-XRP lawyer predicts XRP price to reach $2 by May, potentially setting the stage for a new all-time high, amidst bullish market sentiment.
STORY HIGHLIGHTS
Pro-XRP lawyer foresees XRP hitting $2 by May, setting the stage for a new ATH.
Crypto analyst predicts XRP to outperform, buoyed by positive market sentiment.
XRP/BTC and XRP/ETH pairs show bullish divergence, signaling a potential price surge.
The crypto market enthusiasts were buoyed by optimistic projections from pro-XRP lawyer Bill Morgan, who foresees the XRP price surging to $2 by April or May. In addition, he also anticipates the $2 mark for XRP potentially setting the stage for a new all-time high (ATH) of the crypto.
Meanwhile, this bullish sentiment comes amid a broader surge in the crypto market, with Bitcoin smashing through the $73,000 mark for the first time today, instilling confidence among investors.
XRP Price To Hit $2 Before Touching a New High
The XRP crypto has caught the eyes of investors today, buoyed by optimistic sentiments from pro-XRP advocate Bill Morgan. In a recent X post, Morgan predicts a surge in XRP’s price, anticipating it to reach $2 by April or May 2024 before potentially hitting an all-time high.
Meanwhile, Morgan has shared the outlook while partially backing crypto analyst Leb Crypto’s claims. Leb Crypto, in a recent post on the X platform, foresees XRP surpassing its 2018 all-time highs, possibly coinciding with or shortly after Bitcoin’s halving. Besides, the analyst suggests that as Bitcoin experiences euphoric price action exceeding $100k amid Bitcoin halving optimism, altcoins like XRP could shine in the ensuing weeks.
Responding to Leb Crypto’s prediction, Bill Morgan expressed optimism, acknowledging the possibility of XRP reaching $2 earlier than expected, though not hitting all-time highs so soon. Despite the variance in timelines, Morgan shares the enthusiasm for XRP’s potential performance in the coming months.
XRP/BTC and XRP/ETH Showing Promise
Adding to the anticipation surrounding XRP’s potential surge, prominent crypto analyst CrediBULL Crypto highlights positive developments in the XRP/BTC and XRP/ETH pairs. Notably, both pairs have recently confirmed bullish divergences on the D3 chart, signaling a potential window of outperformance for XRP.
This observation of CrediBULL Crypto, as shared on the X platform, underscores growing confidence among traders in XRP’s ability to outshine other cryptocurrencies in the near future.
As XRP continues to gain traction in the market, investors and enthusiasts eagerly await developments in its price action, especially with indicators suggesting a bullish trend. With Bitcoin setting new records and pro-XRP figures voicing optimistic projections, the cryptocurrency landscape remains dynamic and ripe with opportunities for those keen on riding the waves of market sentiment.
Meanwhile, as of writing, the XRP price was up 1.21% to $0.6982, with its trading volume dropping 56.41% to $3.26 billion. Over the last 24 hours, the crypto has touched a high of $0.7094 and a low of $0.6659.
Notably, the XRP crypto was on the investors’ radar lately, as evidenced by its surge of around 14% in the last seven days, along with a monthly jump of around 32%.
