Despite XRP not following the rest of the cryptocurrency market in the recent bull run, it has remained a favorite among investors. Its popularity has also increased as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) nears its conclusion. Given this development, there have been multiple XRP price predictions, with most analysts predicting that The altcoin is expected to reach an all-time high. And make new millionaires.
XRP is poised to take off into a new generation
Among the cryptocurrency analysts who revealed XRP Price Bullish PredictionThe pseudonymous analyst, MetaShackle, has emerged as one of the most bullish. In his analysis, It was published. On TradingView, a cryptocurrency analyst believes that the altcoin is the one that can help investors build wealth for generations to come.
The post, titled “XRP’s Roadmap to Generational Wealth,” charts a path that could see XRP price rise above $1 and beyond. The first major event on this “roadmap” is expected to occur in September 2024.
At this point, the crypto analyst expects the price of XRP to hit its lowest levels in the first two weeks of the month. More specifically, Alternative currency Gold is expected to bottom out between September 9 and 15, 2024. This would form the basis for a price rally that could follow.
Following this, the cryptocurrency analyst expects a massive rise. Alternative currency priceAnalysts expect the cryptocurrency to reach triple digits. The cryptocurrency is expected to reach $275, which is an increase of about 50,000% from its current value. This is expected to happen in 2025, with analysts predicting the cryptocurrency to peak sometime between October 6 and October 12, 2025.
However, the roadmap does not end here, as analysts are drawing it four years from now. After what is expected to be another bear market, they expect XRP price Bitcoin is expected to bottom out again sometime between December 13 and 19, 2027. Then, just like the 2024-2025 forecast, the cryptocurrency analyst is predicting another massive rally.
Again, they expect XRP Price Will Hit All-Time HighThis time, the altcoin is expected to peak somewhere between November 27 and December 3, 2028, after surpassing $350. If this happens, it would mean a price increase of more than 70,000% in less than five years.
While the roadmap for cryptocurrency analysts is Success for XRP is still far awayInvestors are currently anticipating the end of Ripple’s lawsuit against the SEC as the first sign of a price rally. Both sides are currently in a battle as the SEC appeals a $125 million fine against Ripple. However, Ripple CEO Brad Garlinghouse revealed that he expects the legal battle to be completely over sometime this year.
Featured image created using Dall.E, chart from Tradingview.com