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Analyst Myles G predicts a bold timeline for the XRP price to surge by 464% to $3, projecting a window of just a few months.
After dumping hard following the SEC’s appeal bid, XRP stabilized at around $0.5322, registering a paltry 0.82% daily gain. Meanwhile, XRP is nursing a massive 17.6% weekly loss at this price point.
While the latest legal development weakened XRP’s bull run momentum, analyst Myles G boldly set out timelines for when he believes XRP could re-attain psychological price points of $1, $2, and $3.
Timeline for XRP to Reach $1, $2, and $3
In a disclosure shared on X, Myles noted that XRP could reclaim $1 as early as this month, October, or at the latest by November. XRP last traded at $1 in the fourth quarter of 2021, precisely three years ago. It made a close attempt towards $1 in July 2023, when it rallied to $0.93 following its lawsuit victory.
XRP must grow by 88% from its current market price to reach $1. Myles is confident that XRP’s anticipated bull run will not lose momentum at $1 by November. He forecasts that XRP will double in price to $2 by Christmas, December 25.
Notably, XRP last reached a value of $2 in January 2018. The asset attempted to breach this threshold again in April 2021 but lost momentum after hitting $1.96.
However, Myles believes XRP is poised for stronger momentum this time. The analyst projects that after XRP reclaims $2 by the end of the year, it could target the $3 mark by the first quarter of 2025.
Specifically, he argues that XRP would stage another substantial 50% growth from $2 to recapture $3 by March next year. Meanwhile, from its current market value of $0.5322, XRP needs a rally of 464% to reach $3.
Will $3 Be XRP’s Peak for This Cycle?
Given the bold nature of this forecast—especially as it is just six months away from March, when Myles expects XRP to be worth $3—community member George Woodward pressed for reassurance, asking Myles to confirm his confidence in the projection. He replied that he was “very” confident about it.
Accordingly, he warned XRP proponents to load up on their holdings now, emphasizing that it could be the final window to buy XRP at a low price.
Interestingly, in a follow-up post, Myles asserted that XRP could even reach $3 by Christmas, underscoring his optimism regarding an XRP bull run.
Meanwhile, some other commenters expressed that Myles’ projection for XRP is conservative. One even questioned why $3 would be XRP’s target after seven years of downtrend.
Notably, in a previous analysis, Myles revealed that his profit-taking range starts from $3 and goes up to $7. This suggests that $3 is not his peak outlook for XRP in this cycle but rather the point at which he could begin cashing in on his XRP investments.