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Crypto Analysts Forecast XRP Rally: Price Predictions of $3 to $20 in Bull Season

source-logo  cryptonewsland.com 11 May 2024 11:57, UTC
  • Kyle Chassé predicts XRP could hit $3 during current bull season, a 493.23% rise.
  • @KingCryptoAryan sees potential for XRP to reach $20, a 3,854% increase.
  • Armando Pantoja forecasts XRP value range of $8 to $20 by 2026 based on market factors.

Two famous crypto investors have both made bullish XRP price predictions. Even though XRP dropped to $0.5032, a 2.13% decline in the last 24 hours, experts are optimistic about its future work. Kyle Chassé, one of the first Bitcoin investors, predicted that XRP could reach $3 within the current bull season.

This projection suggests a 493.23% increase from its current price of $0.5057. Notably, this target remains below XRP’s all-time high of $3.84, recorded in January 2018.

In addition to Chassé’s forecast, a crypto analyst known as @KingCryptoAryan on X projected an ambitious price target of $20 for XRP. This prediction implies a substantial 3,854% increase from the current trading value. Despite the bold nature of these predictions, neither Chassé nor Aryan provided specific factors driving their bullish outlooks.

PRICE PREDICTION FOR TOP COINS END OF BULL CYCLE 🚀 $BTC $500K$ETH $20K$SOL $2K$BNB $5K$OPUL $80$XRP $20$ADA $75$AVAX $280$DOT $90$LINK $260

WHAT ARE YOU HODLING FOR THAT #1000X?!?!?

— King 100x Gems (@KingCryptoAryan) May 10, 2024

Support from Other Crypto Enthusiasts

The XRP community has seen various forecasts aligning with the $3 and $20 price targets. Last month, crypto investor Ash anticipated a price surge to $3 between April and July 2025, coinciding with the expected peak of the upcoming bull season. Similarly, analyst EGRAG predicted that XRP could revisit its previous high of around $3 during this period.

Additionally, Armando Pantoja, a member of the Bezinga crypto advisory council, projected a “true value range” of $8 to $20 for XRP by 2026. Pantoja’s prediction is based on factors such as legal clarity, historical precedent, institutional adoption, market trends, and utility expansion. Although he emphasized this range, Pantoja did not specify a timeline for when the prediction would materialize.

Despite recent price declines, the confidence of these experts suggests potential growth for XRP in the near future.

cryptonewsland.com