The post Ripple (XRP) Price Prediction: Analyst Predicts Insane Rally To $18 Soon! appeared first on Coinpedia Fintech News
Riding in the wake of Rippleās recent triumph in the SEC lawsuit, which resulted in XRP being officially recognized as a non-security, the buzz in the crypto arena is hitting new heights. XRP has leaped from $0.47 to $0.72 in just two days.
Is this the end of the spike, though? Well, it appears not. Hereās a closer look at what the future holds for XRP.
Strap In for the Rollercoaster
An intriguing forecast by market analyst Johnaldinioh could stir up even more excitement among investors. According to his analysis, based on repetitive historical patterns on XRPās daily chart, the crypto coin might be on a rollercoaster ride of several value dips and pumps.
If this pattern continues to play out for $xrp we have a dip to $0.52 followed by a pump to $4.30 . Dip to $1.60 .pump to $7.40 . Dip to $6 then pump to $18 . Then goblin town . Its been accurate as f so far let’s see if it continues . #xrp pic.twitter.com/KKLss9oSQX
ā Irish red crypto. cspr
(@johnaldinioh89) July 14, 2023
Johnās prediction starts with XRPās value taking a plunge to $0.52. This downtrend, he suggests, comes on the back of XRPās decline from a peak of $0.9380 on July 13. However, he proposes that this dip is just a prelude to an exhilarating ascent to $4.30.
Read More: āItās Time to Relistā: Coinbase to Re-Enable XRP Trading After Ripple Scores Win
Peaks and Valleys on the Horizon
The analystās prediction doesnāt stop there. He foresees another valley in XRPās journey, with the price retracting from the $4.30 peak to $1.60. But this downturn, he says, will be followed by a rebound to $7.40.Ā
Johnās analysis also suggests that another dip to $6 might be expected before a stunning upswing takes XRP to an all-time high of $18. The expert, while confident, emphasizes that this forecast is not a guarantee but a projection based on historical patterns. He points to mid-September as the timeframe for these price movements.
Crypto Community Reacts
Reactions to Johnās forecast range from optimistic agreement to skeptical rejection. While one user sees the prediction as an opportunity to increase profits and bolster their XRP stash following the anticipated drop, another labels it an āabsolute work of fiction.ā
Despite the disparate views, Johnaldinioh stands by his forecast, reminding users that his analysis is a fractal ā a reflection of historical data on current times ā rather than an incontrovertible fact.
