Analyst Predicts XRP Could Reach $10 to $20 in Coming Months
XRP is currently trading around $2.14, showing a 1.4% increase over the past 24 hours. Analysts predict that the cryptocurrency could soon break through the $3 mark, with some forecasting even higher targets:
- $3 may serve as a key psychological and technical level for investors.
- Recent price corrections saw XRP drop to $1.65, but it has since rebounded above $2.
- Analyst BarriC predicts XRP could reach $5 by May, reclassifying it as "cheap."
- A broader altcoin season might establish a new trading range between $10 and $20 in the coming months.
- A potential "utility run" could see XRP prices below $1,000 being considered inexpensive due to increased adoption as a bridge cryptocurrency.
Additionally, some analysts believe XRP could surpass both Ethereum and Bitcoin in market capitalization in the near future.
