- XRP price expected to make a monumental pump to new ATH targets.
- These bull targets lie between $5 and $254 to unlock generational wealth.
- Analysts grow steadily more bullish on the future of XRP.
As anticipation grows for altcoins to hit new ATH targets in Q4, a few altcoins gain more attention than the rest. In particular, the popular altcoin, Ripple’s XRP, is expected to be one of the most bullish altcoins this bull cycle. To highlight, XRP price expected to make a monumental pump to new ATH targets to unlock generational wealth. Several reputed analysts have set bullish price targets between $5.50 to $254 per XRP token.
XRP Price Expected to Make a Monumental Pump to New ATH Targets
With the price of BTC having set another new ATH today, this time in the $126,000 price range, expectations for Ethereum and altcoins to suit and trigger a bullish altseason peak phase are growing stronger. Presently, many analysts are keeping a close eye on promising altcoin assets, especially legacy altcoins that are yet to surge, to pump and hit new ATH prices in what is expected to be a bullish Q4.
As we can see from the post above, this reputed crypto analyst shares her take on the bullish expectations for the price of Ripple’s XRP in the coming days ahead. She begins by talking about how XRP is currently testing the major $3 fib support. To highlight, she states that XRP is starting the week with some very encouraging technicals, of which the strongest is XRP holding the $3 major Fib support and forming a consolidation pattern with this level as the apex.
Additionally, she states that XRP price has respected this zone for a few days, and momentum is gradually building. Then, she concludes that consolidation like this is good to see because it often sets up a high-probability breakout. Thus, by holding the $3 level, support for XRP is stepping in right where it is needed. The analyst believes this support will continue to hold and increase the likelihood of the market entering a Wave 3 up.
Finally, the analyst says that the next wave could be more sharp and extended than traders were seeing in the last few months. She says traders can now expect speedy price pumps, with major resistance targets set around $4 and $4.50. As these subwaves develop, they’ll help traders confirm one of these targets, or if the market is aiming for higher extensions.
$5 to $254 Per XRP Predictions Draw Attention to Unlocking Generational Wealth
This is a critical support test for XRP with the market testing strength while forming a clear structure. She ends his report stating that all eyes are now on how XRP will behave at the $3 support. In the same line of bullish thoughts, the analysts in the other two posts as depicted above state that XRP is on the cusp of breaking out with a bull flag target sitting at $5.30, while another analyst states that further confirmation signals will ensure that XRP holders are about to create generational wealth, with every XRP token being worth $254 each.
