XRP, despite not following the rest of the cryptocurrency market in the recent bull market, has remained a favorite among investors. Its popularity has also increased as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) draws to a close. Given this development, there have been many predictions about the price of XRP, with most analysts expecting altcoin is poised to reach a up-to-date all-time high and create up-to-date millionaires.
XRP is preparing to launch a generation
Among the cryptocurrency analysts who revealed bullish predictions for XRP pricepseudonymous MetaShackle analyst has become one of the most bullish. In the analysis published On TradingView, a cryptocurrency analyst believes this altcoin could assist investors build wealth that spans generations.
The post, titled “XRP Roadmap To Generational Wealth,” outlines a path that could lead to XRP breaking above $1 and rising. The first major event on this “roadmap” is expected to occur in September 2024.
At this stage, the crypto analyst expects the XRP price to reach its lowest level within the first two weeks of the month. More specifically, altcoin should bottom out between September 9 and 15, 2024. This would provide the basis for a price rally that could occur at that point.
As a result, the cryptocurrency analyst expects a huge boost altcoin pricepredicting that the price could reach triple digits. The top of this rally is at $275, which is almost a 50,000% boost from its current value. This is expected to happen in 2025, with the analyst expecting the coin to peak between October 6 and October 12, 2025.
However, the roadmap doesn’t end there, as analysts map it out for four years. After what is expected to be another bear market, they predict that XRP price will bottom out again between December 13 and 19, 2027. Then, similar to the 2024-2025 forecast, the cryptocurrency analyst predicts another massive rise.
Once again they expect XRP price to reach another all-time highThis time, the altcoin is expected to peak somewhere between November 27 and December 3, 2028, after surpassing $350. If that happens, it would mean a price boost of over 70,000% in less than five years.
While the cryptocurrency analyst’s roadmap XRP success is still far awayinvestors are currently awaiting the conclusion of the Ripple vs. SEC trial as the first bullish sign for the price. Both sides are currently in a fight, as the SEC has appealed the court’s $125 million monetary penalty judgment against Ripple. However, Ripple CEO Brad Garlinghouse revealed that he expects the legal battle to end completely this year.
Featured image created with Dall.E, chart from Tradingview.com