Credible Crypto Predicts Massive Rally For XRP Once It Breaks A Key Level
According to a top crypto trader and analyst, Credible Crypto, Ripple’s native token XRP could be closing in on one of the biggest rallies in its history.
In his recently launched YouTube channel, the pseudonymous analyst shares with his 30.3K followers that he sees XRP to be destined to reach somewhere between $20-$30 this bull cycle.
Looking back at XRP’s 1000% rally in 2017, Credible Crypto predicts that something similar could happen in the current bull cycle.
“The biggest gains happen in the last 10% of the bull market. Keep in mind that XRP was trading at $0.22 in 2017 and in one month it went up to $3.30. It went 10X in a month…
Something similar can be expected here. I think if we can break the all-time high within the next few months then we’re easily going to go – 3 to 5X is very reasonable. Again, in 2017 we went 10X. 3 to 5X is easy. $10.00 minimum is where I’l consider taking profits.”
According to trader, the key level for XRP to break is its all-time highs of $3.40. After that the token will go into an explosive price discovery phase that could end up as high as $30.00.
Credible Crypto’s target implies a 24x increase from XRP’s current prices.
“We have a ways to go is what I’m getting at here. Again, my targets for XRP as I’ve said many many times, stand at $20 to $30 at the end of this bull cycle, whether that be six months or a year for now.
That is my target. Things will get exciting, things will accelerate aggressively after we break all-time highs. The hardest part is getting back to all-time highs. As we break all-time highs there’s no sell pressure above and it becomes very easy to climb the ranks and to get higher and higher.”
