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XRP Under $1? Not Happening, Millionaire Analyst Claims
Ripple's XRP has traded below $1 for nearly three years, mainly due to lawsuits filed by the US Securities and Exchange Commission (SEC). Even during the small price hike after Donald Trump's election, XRP still struggled to maintain a price of $0.57. But on November 16th last year, the altcoin reached $1 after a sharp rise of 14.72%. Going back a week, XRP was trading at $1.50, reaching $1.62 on November 23 last year. For many analysts, the XRP price cannot go back when a famous Twitter/X user said the price will not drop below $1 anymore. In a Twitter/X post on November 23 last year, a millionaire advisor, also known as 'Bearable Bull', boldly predicted that the market would never see XRP 'fall below $1'.
XRP price will not return to $1 - Analyst The recent price increase of XRP has attracted the attention of many analysts and market observers. Bearable Bull, a well-known cryptocurrency advisor on Twitter/X, is one of the analysts who provides bold and insightful views on the price fluctuations of XRP. In a Twitter/X post that attracted 94.7 thousand views, Bearable Bull shared that the community will never see XRP return to $1. Other analysts also share his viewpoint, saying that this token has solidified its foundation. However, some analysts have issued warnings that it is still too early to say whether XRP will drop below $1. On November 16 last year, XRP reached a high of $1.267. The next day, there was a small price correction, but XRP did not drop below $1.
Bold prediction about the future price of XRP The market's optimism about XRP's price performance continues to this day. Even Ripple supporter John Deaton predicts that it will continue to rise, and he hopes that the currency will return to a market capitalization of 100 billion dollars.
In addition, "CrediBULL" expects this digital asset to soon reach an all-time high. He further claimed that XRP could surpass the performance of Ethereum and Bitcoin. Based on current price data, it has gained 125% over the past three months, surpassing Ether's 20% gain and Bitcoin's 51%.