The post Here are 3 Timelines for XRP to Reach the $100 Mark appeared on BitcoinEthereumNews.com.

Multiple industry commentators have predicted XRP to hit the $100 level, with some of these predictions spotlighting possible timelines for this target to hit. Currently trading for $0.5866, XRP continues to face struggles on its path to rejuvenation. The crypto asset has failed to reclaim the $1 level since dropping below it in December 2021. Its closest attempt to this level came up last July, when it soared to $0.93.  XRP to $100 Predictions Despite XRP’s inability to recover $1, most market analysts have maintained confidence in its potential for growth. While some market watchers expect rallies to modest prices such as $5 to $6, others believe targets like $20 to $30 are also plausible. Meanwhile, there is a camp of commentators that have continued to champion the narrative of an XRP uptrend to levels around $100, one of the most ambitious targets for XRP. For instance, the pundit behind the Common Sense Crypto account argued that XRP could hit $100 based on the evolving utility of the XRPL and the conclusion of the Ripple case. In addition, the host of the XRP community-based media resource 24HrsCrypto shared similar sentiments last November. He called attention to Bitcoin’s (BTC) ability to spike from $0.01 at some point to the 2021 all-time high at $69K. According to him, if BTC is capable of achieving this despite not boasting as many features as XRP does, XRP can also reach $100. Timelines for XRP to Hit $100 While the $100 target has taken the spotlight in recent times, some projections have gone the extra mile of setting out timelines for XRP to reach this target. Market commentator Andrew Forte provided one such prediction in March. He envisioned a future where Bitcoin hit $1 million, Ethereum clinched $20,000 and XRP reached $100 in 2037.  Analyst…

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Filed under: News - @ August 10, 2024 2:22 pm