XRP Price Surge: New ATH on the Horizon?
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XRP has experienced a remarkable price surge, breaking above $2.60 twice in a few days and showing a 17% increase over the past week. Analyst CryptoWZRD predicts a new all-time high, citing historical patterns of calm periods followed by significant rallies. His analysis suggests XRP could surpass $5.00, potentially doubling from current levels, and even reach a market cap exceeding Ethereum's. This bullish prediction is supported by comparisons to XRP's 2018 performance, where a similar market dominance led to a price of $3.84. Some analysts even project a potential price of $10 or more if XRP returns to its early 2018 market share dominance. However, this bullish outlook isn't universally shared. The ongoing SEC lawsuit presents a significant legal risk, which could trigger a price drop. A super-bullish scenario, assuming a $35 trillion global crypto market, suggests a potential XRP price of $20, though this involves a 750% increase and is considered unlikely to occur without substantial corrections. While the recent XRP strength is undeniable, the path to new highs is expected to be volatile and potentially bumpy, leaving traders with the choice of chasing the current momentum or waiting for a potential pullback before investing.
