Jakarta, Pintu News – Ripple seems to be preparing to surge to unprecedented price levels. Crypto analyst, BarriC, recently revealed that Ripple’s (XRP) price rise to the $10 to $20 range is just the beginning of the digital currency’s long journey.
According to him, Ripple (XRP) has the potential to reach four-digit prices. With this ambitious prediction, many market participants are starting to prepare themselves for the possibility of life-changing riches.
BarriC emphasizes that Ripple’s (XRP) price increase to between $10 and $20 is just the beginning. He predicts that after reaching $3, Ripple (XRP) will quickly rise to $5 and then surge to double-digit figures.
This analyst believes that Ripple (XRP) will not only reach $100 but will also continue to rise to $1,000. This prediction is based on several factors that have not been revealed in detail, but are believed to significantly boost the demand and value of Ripple (XRP).
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Meanwhile, another analyst, CasiTrades, observed that Ripple (XRP) is approaching a key resistance level after its latest price rise. He highlighted $2.69 as a key resistance, which is also the 0.236 Fibonacci retracement of the all-time high.
According to CasiTrades, this level is important to watch as it could be a turning point for a price correction. It also notes that although momentum is currently low, there are signs of strong demand and intense accumulation.
CasiTrades adds that if Ripple (XRP) manages to break and hold above $2.69, it could pave the way for a surge higher towards $3. However, if it fails to sustain the level, the price of Ripple (XRP) may see a short-term drop towards $2.30 as a reset.
Currently, the price of Ripple (XRP) is hovering around $2.50, with a rise of almost 5% in the last 24 hours. This shows that there is continued interest from the market despite some uncertainty.
With very optimistic predictions from BarriC and technical analysis from CasiTrades, the future of Ripple (XRP) seems very promising. Although there are still some hurdles and resistances to overcome, the potential to reach much higher prices seems to be within reach. Investors and market watchers will continue to monitor this development with great enthusiasm.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.