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With $XRP maintaining its streak of bullish candles, prominent market commentators have boldly asserted that $XRP may never be seen below $1 again.
Today, $XRP is trading at $1.57 after advancing further by 13% in the last 24 hours, solidifying its position in the $1 price range. Notably, $XRP even reached a high of $1.62 today amid its bull frenzy that peaked on Friday. As the frenzy cools off, $XRP has settled in the $1.50 range.
Notably, just on Thursday, $XRP traded at $1.0821, which implies the asset has grown by 49.71% in under two days. With $XRP approaching the $2 range, analysts believe $XRP may never have reasons to retest below $1.
$XRP Will Not Trade Below $1 Anymore
Among the market commentators voicing this bold view is “The Bearable Bull,” a widely followed millionaire mentor on X (formerly Twitter). “We will never see $XRP go below $1 again,” he declared in a recent tweet.
Other market commentators expressed a similar view, noting that $XRP’s position in the $1 range is now reinforced. However, some cautioned that the bold prediction might be too early, as a major correction could send $XRP’s price below $1.
Notably, $XRP broke into the $1 range for the first time in three years on November 16, 2024, and traded as high as $1.267 that day.
However, a pullback ensued, with $XRP correcting those gains. Yet, the asset did not lose the $1 range but came dangerously close when it hit a low of $1.0055 on November 17. Since then, $XRP has rebounded massively, and the asset is now showing strong signs of continuing its upward momentum.
Other Bold Market Predictions for $XRP
Optimism about where $XRP is headed is high in the crypto community. According to John Deaton, an attorney known for his pro-$XRP stance, $XRP is poised to reclaim a $100 billion market cap, noting that times have changed and the days of $XRP’s unimpressive performance are over.
Similarly, analyst “CrediBULL” has predicted that $XRP will break its all-time high sooner than expected. He even boldly stated that $XRP will surpass expectations and outperform Bitcoin and Ethereum.
$XRP boasts a 90-day growth of 127%, outpacing Bitcoin’s 53% and Ethereum’s 22%. While $XRP is still 60% below its peak, Bitcoin is trading at an all-time high, and Ethereum is down 30% from its peak. CrediBULL maintains that $XRP will outpace these market leaders in price performance during this bull run.