Ripple’s native token, XRP, which is trading at $ 1.40 on Wednesday, has received yet another ambitious yet outrageous price prediction. According to the forecast, the leading altcoin is projected to reach a high of $13 in the next three months. The prediction comes even after XRP remains flatlined in the charts for nearly a year.
The price prediction comes from leading psydonomus cryptocurrency analyst Crypto Bull, with a following of more than 165,000. The analyst shared a chart indicating that XRP is poised to repeat its 2017 bull run and is expected to unfold in three waves. For the uninitiated, Ripple’s native token went from a low of $0.06 between 2017 and 2018 to a high of $3.40.
XRP Ambitious Price Prediction
The cryptocurrency analyst predicts that XRP will reach $13 in the next three months. Therefore, according to his estimates, the leading altcoin could get there by the end of May 2026. That’s a surge of nearly 830% from its current price, and an investment of $1,000 could turn into $9,300. That’s massive returns in three months, and not all assets can churn out this much gain in a short period.
Also Read: CNBC Highlights XRP as Top Crypto Performer: What It Means for Holders
Outrageous Price Prediction for Ripple’s Altcoin
In the same forecast, the analyst predicts that after reaching $13, XRP will be on its way to $70. The prediction has to be the most outrageous one of the year, but it is nothing new either. “$70 price target for XRP. We are repeating the 2017 bull run with a longer timeframe. The wave 2 has completed, and wave 3 will take us to $13 within the next 3 months,” he wrote on X.
Here’s Our Take on the Forecast
For those of you who have stayed in the cryptocurrency market for a long time, you know that these predictions must be taken with a grain of salt. Ambitious, outrageous, and ridiculous price predictions for XRP are not new, and keep flying over the shelves regularly. Investors are advised to phase them out and not go all-in based on the predictions. The only way to make money in the altcoin is to take entry positions during the dips.
