Crypto analyst Crypto Bitlord is making a bold prediction: XRP is about to go on a massive run. He’s urging everyone to buy and hold the token, even though it hasn’t been performing well this year.
Why XRP?
So, what’s got Crypto Bitlord so bullish on XRP? He claims there’s big news on the horizon that will send the price skyrocketing. He’s so confident, in fact, that he believes XRP will surpass Ethereum and even Bitcoin in this market cycle. He expects XRP to “suck up” all the liquidity from other sectors, leaving them in the dust.
He’s not just talking the talk, either. Crypto Bitlord says he’s been bullish on XRP since it was trading for pennies. He claims he helped people retire by encouraging them to buy XRP back then, and they made huge profits when the price surged to $2.70.
XRP’s Potential Price: $589?
Crypto Bitlord is even putting a number on his prediction: he thinks XRP could reach a staggering $589. He’s using a technical indicator called a fractal to justify this, which suggests a price range of $28 to $589.
While a $589 price tag seems crazy, Crypto Bitlord doesn’t care. He says it doesn’t matter if it seems farfetched, because XRP’s potential is huge.
He also has a more conservative target of $7, but even that seems “too easy” to him.
Don’t Sell!
Crypto Bitlord has a warning for anyone holding XRP: don’t sell now! He believes anyone who sells will regret it later when the price goes up.
It’s important to remember that this is just one analyst’s opinion. It’s always a good idea to do your own research before making any investment decisions.
