Recent trends in the cryptocurrency market indicate significant growth for XRP, which is expected to continue rising according to well-known trader DonAlt. This article explores the key levels that XRP has reached and the trader's forecasts.
XRP's Journey from $0.70 to $2.93
In November 2024, XRP was trading just above $0.70, caught in a low-volatility range. During this period, DonAlt posted a chart outlining a long-term setup with three key levels: $1.20, $2.90, and $6.90. Currently, XRP is trading at $2.93, approaching the second mentioned level.
DonAlt's Predictions and Strategies
DonAlt remains committed to his original strategy without altering his forecast structure. He firmly states that the path to the $6.90 level has not changed despite XRP's significant growth over this time. In one of his updates, the trader expressed confidence in the cryptocurrency's further rise.
Possible Scenarios for XRP's Future Growth
The $6.90 level, which was not drawn from prior charts, is set higher than any previously reached price for XRP. Given the current trend and DonAlt's confidence, reaching the third mark could lead to a rise of over 880% from the $0.70 level.
DonAlt's forecasts regarding XRP are generating interest among traders and investors. The events of recent months show that a long-term growth strategy and adaptation to current conditions can be effective.
