Historic Ripple (XRP) Bull Run in March? Analysts With Interesting Price Predictions

TL;DR

• Analysts on X (formerly Twitter) offer varying optimistic forecasts for Ripple’s XRP, with some suggesting March will see a historic bull run.
• Skeptics highlight the unrealistic market capitalization required for XRP to reach such heights.

Ripple’s XRP has underperformed lately, with its price dropping over 4% on a weekly scale (per CoinGecko’s data). Nonetheless, the crypto space is rammed with analysts who remain confident that the negative trend will soon be over.

According to the X (Twitter) user XRP whale, next month “will be historic” for the asset. The expert further predicted a price appreciation above $10, which could be reached after passing through significant turbulence.

Very soon $XRP will pump to $1

Then it’ll fall to $0.80

Then it’ll fly towards $2

Then it’ll test $1.50

Then it’ll pump again towards $3.30

Then it’ll fall to $3

Then it’ll continue towards $10#XRP

— XRP whale (@realXRPwhale) February 25, 2024

EGRAG CRYPTO chipped in, too, envisioning more spectacular peaks. The analyst compared XRP’s performance from 2017 with the current “cycle’s bottom” to forecast a price explosion of $27:

“XRP only needs to increase by 7X from its 2017 levels to reach $27. This is my target, and I plan to sell at various price points to secure profits.”

As CryptoPotato previously explored, some important factors indeed suggest that XRP could be on the verge of a bull run this year. Those willing to dive deeper into the matter, feel free to take a look at our dedicated video below: