XRP Price Could Reach $3 Soon
A crypto expert named BarriC believes that the XRP token could soon rise to $3. He also shared his thoughts that during the next “altcoin season” (a time when many cryptocurrencies increase in value), XRP could reach $5 and then possibly hit between $10 and $20.
BarriC even said there’s a chance XRP could go as high as $1,000 in the future. He noted that this could happen if large institutions, like banks and investment funds, start using XRP. One major event that could help push the price higher is the approval of an XRP exchange-traded fund (ETF), similar to what happened with Bitcoin ETFs.
Another analyst, Egrag Crypto, gave slightly lower targets. He believes XRP could still hit $7.50, $13, and then $27 soon. However, before that, the price might fall slightly one more time, possibly to $1.85, if it doesn’t go above the $2.30–$2.50 price range on longer-term charts.
Egrag also warned that we might see a sharp drop to around $1.40, especially if some big unexpected news shakes the market, like changes in the ongoing U.S.–China trade situation. But despite these short-term dips, the analyst still expects XRP to grow strongly.
Right now, XRP is trading at around $2.10, which is a 2% increase in the past 24 hours based on information from CoinMarketCap.
Disclaimer: This content provides general market commentary and does not constitute investment advice.
