XRP on fire in 48 hours, really?
Experts predicted an explosive rally for XRP, but definitely not that fast. The altcoin community is fueled by a rumor that promises a spectacular jump in the token soon. what is it actually?
It was CryptoGeek, a very popular crypto news account on X, that was relaying the news. If his publication is to be believed, the expert would claim that XRP will take off in the next 48 hours and reach $26. In fact, the asset would be in the exact situation that drove it to new highs in 2017.
🚨BREAKING: Analyst confirms $26.60 per #XRP/Price in USD will take place in just days (48 hours) pic.twitter.com/rY1QAfRjVF
— CryptoGeek (@CryptoGeekNews) October 21, 2024
BeInCrypto investigated and found the analyst cited by CryptoGeek. The origin of this ambitious forecast lies with a Korean expert with a modest community, one Cryptobilbuwoo0. Surprisingly, he predicts the altcoin at $26 in 2025… but no explosion in two days!
#xrp #Waving
Completed 1st and 2nd wave 3rd big waves ✅
The strongest 3rd wave is coming. 🔥🔥🔥 https://t.co/iPzFTCX8GZ pic.twitter.com/EAZQYdBYbu— (X)=chi (R)resurrected (P)=rho (@Cryptobilbuwoo0) October 21, 2024
He also made this prediction in 2023, before revising it to a peak in 2026. For him, XRP will touch $26, but on the condition that it first breaks its downtrend and then reaches $1.60.
Real prospects in the short term
At first glance, there is no joy in the price of XRP, which saw a 4% drop after Ripple co-founder Kamala Harris donated $10 million to the campaign. An opinion that contrasts with general support for pro-crypto candidate Donald Trump.
To go further: XRP Prediction 2024/2025/2030
Despite the confirmation of a pattern similar to that of 2017, there is almost no bullish outlook in the short term. Bitcoin is getting back on track and the altcoin season is not yet confirmed. Most analysts agree that the start of the XRP boom is more likely in late 2024 or 2025.
The escape will be huge #XRP 📈💥 pic.twitter.com/c9EuFcbkq5
— Amonyx (@amonbuy) October 21, 2024
The status quo is likely to continue until it is known whether the SEC’s appeal, filed under highly unusual circumstances, will be granted.
Moral of the story: who will live to see XRP rise or not rise in 48 hours.
Disclaimer
Disclaimer: In accordance with The Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased information, but market conditions may change without notice. Always do your own research and consult with an expert before making any financial decision.
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