• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Breakout: Analysts Predict Significant Rally

user avatar

by Giorgi Kostiuk

7 months ago


Recent events in the cryptocurrency market have drawn attention to XRP, which has seen a significant breakout after a prolonged consolidation phase. Experts share their projections for its continued growth.

Amonyx's Prediction: Why $251?

Market analyst Amonyx drew parallels between the current situation and 2017, when XRP also broke out of a multi-year consolidation. During that period, the cryptocurrency surged nearly 60,000%, and Amonyx predicts that history could repeat itself, with potential growth to $251.

Whale Activity and Market Dynamics

Recently, there has been increased interest in XRP from large investors, known as 'whales'. Analyst Ali Martinez reported that approximately 30 million XRP were purchased in just 24 hours, indicating confidence in the asset despite current challenges.

Bullish Perspectives on XRP

Several notable experts, including CryptoBull and Michael van de Poppe, express confidence in XRP's potential to exit its current corrective phase and reach new highs. The immediate target is $6, which XRP could achieve in the coming week.

Despite current volatility, optimism about XRP's future remains high. Analysts believe that the asset's success could drive a broader rally in the altcoin market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk

Bit Digital Makes $67.3 Million Ethereum Purchase, Strengthening Its Holdings

chest

Bit Digital invests $67.3 million in Ethereum, raising total holdings to nearly 120,306 coins.

user avatarGiorgi Kostiuk

Block Inc. Joins S&P 500, Replacing Hess Corp.

chest

Block Inc. will replace Hess Corp. in the S&P 500, potentially impacting Bitcoin's acceptance by institutional investors.

user avatarGiorgi Kostiuk

XRP Sets New Record Following Legislative Changes

chest

XRP hit $3.66, surpassing previous records due to increased investor interest and the expected signing of the GENIUS Act.

user avatarGiorgi Kostiuk

MEI Pharma and Litecoin: New $100 Million Treasury Strategy

chest

MEI Pharma has announced a $100 million treasury strategy with Litecoin, led by Litecoin creator Charlie Lee. Market reaction was volatile.

user avatarGiorgi Kostiuk

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.