With XRP maintaining its streak of bullish candles, prominent market commentators have boldly asserted that XRP may never be seen below $1 again.
Today, XRP is trading at $1.57 after advancing further by 13% in the last 24 hours, solidifying its position in the $1 price range. Notably, XRP even reached a high of $1.62 today amid its bull frenzy that peaked on Friday. As the frenzy cools off, XRP has settled in the $1.50 range.
Notably, just on Thursday, XRP traded at $1.0821, which implies the asset has grown by 49.71% in under two days. With XRP approaching the $2 range, analysts believe XRP may never have reasons to retest below $1.
XRP Will Not Trade Below $1 Anymore
Among the market commentators voicing this bold view is “The Bearable Bull,” a widely followed millionaire mentor on X (formerly Twitter). “We will never see XRP go below $1 again,” he declared in a recent tweet.
Other market commentators expressed a similar view, noting that XRP’s position in the $1 range is now reinforced. However, some cautioned that the bold prediction might be too early, as a major correction could send XRP’s price below $1.
Notably, XRP broke into the $1 range for the first time in three years on November 16, 2024, and traded as high as $1.267 that day.
However, a pullback ensued, with XRP correcting those gains. Yet, the asset did not lose the $1 range but came dangerously close when it hit a low of $1.0055 on November 17. Since then, XRP has rebounded massively, and the asset is now showing strong signs of continuing its upward momentum.
Other Bold Market Predictions for XRP
Optimism about where XRP is headed is high in the crypto community. According to John Deaton, an attorney known for his pro-XRP stance, XRP is poised to reclaim a $100 billion market cap, noting that times have changed and the days of XRP’s unimpressive performance are over.
Similarly, analyst “CrediBULL” has predicted that XRP will break its all-time high sooner than expected. He even boldly stated that XRP will surpass expectations and outperform Bitcoin and Ethereum.
XRP boasts a 90-day growth of 127%, outpacing Bitcoin’s 53% and Ethereum’s 22%. While XRP is still 60% below its peak, Bitcoin is trading at an all-time high, and Ethereum is down 30% from its peak. CrediBULL maintains that XRP will outpace these market leaders in price performance during this bull run.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
