Ripple Bulls Reveal Bold Price Predictions as XRP Surges to Weekly Highs

Ripple Bulls Reveal Bold Price Predictions as XRP Surges to Weekly Highs

The price of XRP has risen by more than 7% in the past day, approaching $1.50 for the first time in a week.

The ever-vocal Ripple community has once again taken the main stage at X amid the underlying asset’s impressive price performance over the past day.

Here are some of the biggest XRP price predictions, as well as some truly stunning predictions about the token’s role in global finance.

Double digits for XRP?

The past 24 hours have been kinder to the cryptocurrency markets, with BTC pushing past $70,000 for the first time in a week and ETH reclaiming the $2,100 resistance. Ripple’s cross-border token has solidified its position as the fourth largest cryptocurrency with a 7.5% increase to $1.48.

This has given the XRP armies the opportunity to once again make some pretty optimistic predictions, despite the token being down 60% from its all-time high of $3.65 in July last year.

Cobb claimed that the current price drop seems “so fake and orchestrated.” She added that it could have the opposite effect and “could end up being one of the biggest fakeouts of all time and then out of nowhere BOOM $10.”

In a separate tweet responding to John Squire’s $10,000 prediction, Cobb noted that the “real XRP trenchers” are actually hoping for a more modest target of $10-$30. ChartNerd agreedbasically, saying that the 1,618 Fibonacci extension will send the token skyrocketing to $27.

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Needless to say, even the lowest of the above targets – $10 – sounds more than far-fetched at this point. Despite XRP’s positive momentum over the past 24 hours, the asset would need to rise 580% to reach $10 and as much as 1,950% to reach $30.

XRP to bridge global finance?

But for the sake of argument, let’s assume that XRP could indeed rise to $10 or higher soon. Some kind of major catalyst would be needed, right? The conclusion of the SEC lawsuit and hopes for spot XRP ETFs in the US have managed to send the price up to $3.65, so there must be something big for a double-digit price target.

Squire, perhaps the most vocal bull in the XRP army, made another shocking claim, saying the token “will become the bridge to global finance.” He believes that banks will not choose BTC, but XRP because of its speed, liquidity and compliance.

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