The post Here’s How High XRP will Go in the Next 6 to 12 Months, According to Expert appeared on BitcoinEthereumNews.com.

Seasoned analyst Ash Crypto predicts XRP could witness up to nine-fold price gains within the next year amid recent market gains and bullish sentiment. On Monday, XRP posted a 4.3% gain, rallying from $0.5284 to $0.5511. This marks a fresh two-week high, recovering from the SEC-induced selling pressure in early October that had dragged its price down to $0.51. As of Tuesday, XRP is correcting the Monday uptrend. It experienced a pullback that caused a retest of $0.5353, its current threshold at press time. Meanwhile, XRP’s temporary rally on Monday prompted some market commentators to issue bullish targets within the six-month to one-year timeframe. XRP Price for Next 6 to 12 Months Ash Crypto, an analyst with over a decade of experience, took to X on Monday to inform his 1.2 million followers of his projections for 13 top-ranking crypto assets, including XRP. He noted that he expects XRP to trade within the range of $3 to $5 by next year. The lower end of this price forecast translates to a 460% gain or a 5X return on investment for today’s investors. Meanwhile, the higher boundary would represent a more substantial 834% appreciation from the current price. https://x.com/thecryptobasic Notably, Ash Crypto also projects a price range of $125,000 to $250,000 for Bitcoin within the same six- to twelve-month timeline. This implies that if Bitcoin establishes a peak at $250,000 by next year—representing a 3X gain from current levels—he anticipates XRP will also set a new record, as $5 would surpass XRP’s previous all-time high of $3.84. While Ash Crypto expects XRP to reach $3 by at least March 2025, other market pundits have issued more immediate timelines for a similar price target. Last month, crypto trader Myles G boldly stated that XRP would be worth $3 by Christmas on December…

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Filed under: News - @ October 15, 2024 6:24 pm