Ripple’s XRP price has remained below $1 for almost three years, primarily due to cases filed by the US Securities and Exchange Commission (SEC). Even during the mini bull run immediately following Donald Trump’s election, XRP’s price action was sluggish, struggling to maintain the price at $0.57. However, on November 16 last year, the altcoin reached the price of $1 after increasing by 14.72%.

Speedy forward to one week and XRP is trading at $1.50, which briefly hit $1.62 on November 23. For many analysts, there is no going back XRP priceand one popular Twitter/X user says it will no longer drop below $1.

In a November 23 Twitter/X post, the millionaire mentor, also known as the “Bearable Bull,” boldly predicted that the market would never see XRP “get below $1 again.”

We will never see XRP fall below $1 again

— The Bearable Bull (@thebearablebull) November 23, 2024

$1 as the basis for XRP to continue to grow

Ripple XRP started the year at a price of $0.61 and remained between $0.50 and $0.60 for the next few months. And while Bitcoin and other altcoins began rising immediately after Trump’s election, XRP’s price movement remained sluggish.

Just a few days ago, the price of XRP began to change before breaking above $1 on November 16. The last time Ripple’s XRP price held steady was in December 2021, when it fell to $1.96. For many market analysts, the price of $1 is currently the basis for consolidation and further growth.

The price of XRP will not reach $1 – analyst

The recent surge in XRP prices has attracted the attention of many analysts and market observers. The Bearable Bull, a popular cryptocurrency mentor on Twitter/X, is one of those analysts who offered bold insight into the XRP price movement.

In a Twitter/X post that garnered 94.7k likes. views, Bearable Bull reported that the community will never see the price of XRP reach $1 again. Other analysts shared his opinion, saying that the token had strengthened its base.

However, several analysts remained somewhat cautious, saying it was too early to tell whether XRP would no longer fall below $1. On November 16 last year, XRP reached a high of $1,267. The next day there was a slight price correction, but XRP did not fall below $1.

XRP will soon reach a market capitalization of $100 billion. Times are changing.

— John E. Deaton (@JohnEDeaton1) November 22, 2024

Bold predictions about the future price of XRP

Market optimism regarding XRP prices continues today. Even Ripple supporter lawyer John Deaton predicts that the coin will continue its upward trend and expects the coin to once again reach a market capitalization of $100 billion.

I think so $XRP will likely make the recent ATH much faster than most expect – and I think it will significantly outperform both $BTC AND $ETH from your current level while doing this.

XRP/ETH just reclaimed and retested the 4-year range, with the first target being ~250%… pic.twitter.com/fLYlH2GEYB

— CrediBULL Crypto (@CredibleCrypto) November 21, 2024

Moreover, “CrediBULL” expects the digital asset to reach an all-time high soon. He then stated that XRP could outperform Ethereum and Bitcoin. Based on current price data, the price has increased by 125% in the last three months, beating out the 20% escalate for Ether and 51% for Bitcoin.

Featured image from iExpats, chart from TradingView