Top financial expert Linda Jones believes the XRP bull run will continue, with the potential for prices to soar beyond its all-time high.
Today, XRP is leading the bull run in the market, making a notable comeback after dipping below the $2 range. At the time of reporting, XRP is trading at $2.39, up 12% in the last 24 hours.
Among the most prominent crypto assets, XRP is the top gainer, boasting the highest increase. While the altcoin boasts a 12% uptick, rivals like Ethereum and BNB have posted gains of less than 2%.
Notably, XRP has established an intraday high of $2.44 at press time. Compared to the low of $1.99 two days ago, XRP has rebounded by 23%.
XRP Train Has Left the Station
This ongoing performance has caught the attention of many in the community, including commentators like Linda Jones, a widely followed wealth mentor. Commenting on XRP’s performance, Jones remarked that the “XRP train has left the station.”
This likely suggests that the chance to buy XRP at lower prices has passed and that the price will continue to rise. In particular, she believes XRP’s next destination is Mars, as many expect the ongoing bull run to take XRP beyond its all-time high—something the XRP Army eagerly awaits.
Next XRP Stop
While Jones did not offer a specific target for how high XRP could go in the short term with the unfolding bull run, other market commentators have shared their opinions.
Some suggest that XRP could reach between $4 and $5 before losing momentum and taking a break to regroup for another major run. Notably, XRP would enter this range with a 100% gain.
Meanwhile, analyst Charting Guy expressed that XRP is coming for Ethereum in this latest wave. Expressly, he implied that XRP could overtake ETH in market cap during this ongoing surge.
However, despite XRP being a significant challenger to Ethereum’s position, there is currently a gap of $273 billion between them. XRP’s market cap stands at $137 billion, while Ethereum’s is at $410 billion.
For XRP to close this $273 billion gap, its price would need to soar to $7.20, requiring an over 200% rally. Many believe this milestone is achievable for XRP, especially considering its move in November and early December 2024.
On a long-term view, XRP proponents anticipate even higher prices, possibly in the double-digit range. Interestingly, Jones recently predicted that XRP could reach $100, although she did not suggest that this threshold is attainable in this cycle.
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.
