Crypto experts have unveiled their bullish XRP price predictions despite the crypto’s stagnant price action. One factor that could contribute to this projected rally is the SEC Ripple appeal deadline, which is fast approaching. If no appeal is filed, it will ultimately end the long-running lawsuit involving XRP.
Expert Crypto Bitlord mentioned in an X post that he believes XRP is ready and that he expects a “parabolic explosion” to the upside within 24 hours. He advised market participants not to sleep on XRP, claiming millions could be made by timing this move.
Crypto analyst Jackis shared an inverted chart in an X post, stating that the breakdown will be violent, although alluding to an imminent breakout. The chart showed that XRP could finally reach $1 when this projected breakout occurs.
Crypto analyst Dark Defender is also confident that XRP can reach $1 soon. He stated that XRP is ready to tear the last weekly Ichimoku Clouds at $0.6649, predicting an imminent move to the upside that will surpass January 2018 resistance above $1.03.
Mikybull Crypto noted that a similar move from 2017 might happen for XRP in this cycle. He remarked that history doesn’t always repeat itself but often rhymes, noting that 2017 was the year when XRP enjoyed a historic 61,000% price surge in 280 days. He shared a chart showing the altcoin could, at some point, reach $45.
Analyst Egrag Crypto also predicted that XRP’s price can reach double digits in this bull run. Crypto analyst Armando Pantoja highlighted a 7-year bullish pennant on XRP’s chart, claiming it could lead to one of the “biggest breakouts” of the year, with XRP potentially rising to $4.
At the time of writing, XRP is trading at around $0.58, down over 1% in the last 24 hours, according to data from CoinMarketCap.
