Trader Believes XRP Could Grow Over 100x If It Follows Bitcoin’s Price


  • XRP could grow over 100x in the next bull run according to a crypto analyst
  • This could happen if XRP follows the same path as Bitcoin during the last years
  • There is a cryptocurrency analyst that believes that XRP could expand over 100x if it follows Bitcoin’s price increase. The Twitter analyst on Twitter with the account name @CredibleCrypto, has made a prediction in which he sees XRP expanding massively during the next bull run.

Ripple Could Massively Expand During The Next Bull Run

According to the crypto analyst, the third largest digital asset could experience massive growth in the next months/years. He started a Twitter thread in which he says that in 2013 Bitcoin (BTC) made a 22x run to new highs when it reached $1200.

Later in 2014 and 2015, Bitcoin fell and the crypto market followed. This negative period for Bitcoin was the beginning of a new bull market. The digital currency entered a new accumulation period and in 2017 it saw a massive 122x run to $20,000, the highest level ever registered by the most popular cryptocurrency.

He has also mentioned that the bottoming pattern that Bitcoin formed in 2014 and 2015 matches up extraordinarily well with the bottoming process that XRP is currently experiencing. Moreover, in its prior cycle, the digital currency took it 23x off its lows and the market is currently seeing a rounded bottom with a year of consolidation.

The interesting part comes here. He said that if XRP follows Bitcoin, its next run could be over 100 times its lows of $0.23. That means that XRP could surpass $28, a very “reasonable expectation” for the crypto analyst. He added that the longer the consolidation, the greater the expansion in the future.

A few days ago, Ripple announced that MoneyGram was going to be using the xRapid product in order to reduce the costs of sending cross border payments. By using the XRP digital currency, they can source liquidity on demand and bridge different countries in a fast and easy way.

Currently, XRP is the third largest digital currency in the market, according to CoinMarketCap. Each XRP can be purchased for $0.4299 and it has a market capitalization of $18.27 billion.

Ripple (XRP) Live Price

1 XRP/USD =$0.2464 change ~ 2.46%

Coin Market Cap

$10.67 Billion

24 Hour Volume

$186.84 Million

24 Hour VWAP

$0

24 Hour Change

$0.01

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