XRP Bullish: Analyst Predicts 99,900% Surge to $383

Generated by AI AgentCoin World
Sunday, Mar 2, 2025 7:31 am ET1min read

Despite the prevailing bearish sentiment, a prominent analyst has expressed confidence that XRP could reach a three-digit price target, dismissing the recent 32.88% price drop in February 2025 as a mere correction. The analyst, known as "Random Crypto Pal," believes that XRP is following a similar pattern to its 2017 trajectory, which could lead to a significant uptrend.

Random Crypto Pal argues that the fractal from 2017 remains intact, suggesting that XRP could repeat its 2017-2018 rally. In 2017, XRP rose from $0.003 to $3.31, representing a 110,233% increase. The analyst expects this rally to repeat, with the ongoing pullback being a pattern observed in April 2017 when XRP slumped 62% after hitting $0.0695 earlier that month. After the correction, XRP recovered to $0.3988 by May 2017 and then rebounded to $3.31 in January 2018.

The analyst predicts that after the current correction, XRP will recover to claim the $27 mark, a price target also projected by market analyst EGRAG. However, Random Crypto Pal believes that XRP will experience another pullback to lower levels before a final rebound. He projects this rebound to push XRP to an ambitious $383 price, suggesting that XRP could explode 99,900% from its July 2024 low of $0.385.

While the analyst's optimism is notable, it is essential to consider the feasibility of such a price target. At a $383 price, XRP's market cap would soar to $22.1 trillion, over eight times the current valuation of the entire crypto market. This would make XRP the largest asset by market cap, surpassing gold, which is highly unlikely, especially in 2025. Other analysts, such as Tony Severino, have projected more modest targets for this cycle, with XRP potentially crossing $13 if its bull flag structure proves true.

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