A popular cryptocurrency analyst, known as Credible Crypto, predicts a significant price increase for XRP, potentially reaching a new all-time high.
XRP’s Breakout Potential
Credible Crypto, who boasts over 450,000 followers on X (formerly Twitter), says XRP has broken through a key resistance level. This, he believes, sets the stage for a substantial price surge. He’s advising investors to hold onto their XRP, anticipating a run to a new all-time high (ATH). He’s even planning to look for short-term buying opportunities now that this resistance is cleared.
Current Price and Past Performance
XRP is currently trading around $2.53, which is approximately 25% below its all-time high of $3.40 set seven years ago. Credible Crypto points out XRP’s history of outperforming other cryptocurrencies, suggesting this could happen again. He notes that XRP has a tendency to “run on its own,” leaving other cryptos in the dust.
XRP vs. CRV: A Bullish Outlook
While bullish on XRP, Credible Crypto also mentions Curve DAO (CRV), suggesting it might outperform XRP in the short to medium term. He explains that a bullish shift in the CRV/XRP pair is possible, but even if it doesn’t happen and new lows are made, it would imply a significant XRP price increase. He suggests holding both CRV and XRP as a win-win scenario.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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