[ad_1]
Renowned crypto commentator Zach Rector has emerged as a vocal advocate for XRP’s resilience and potential, despite growing concerns about its performance relative to other top cryptocurrencies. Despite XRP’s modest 50% growth since October 2023, which pales in comparison to the exponential surges seen in assets like BNB, Solana (SOL), Cardano, Dogecoin, and Avalanche, Rector remains steadfast in his belief that XRP will ultimately prove its worth in the ongoing bull market.
XRP Price will Make a Comeback!
Addressing the frustrations of the XRP community who have watched other coins skyrocket while XRP lags, Rector’s message injects some serious hope: XRP will not miss this bull run. He further clarifies that holding onto XRP during the slow period can be challenging, but he advises investors to focus on the coin’s underlying fundamentals and value proposition.
Rector believes XRP is the best crypto project because it has solid fundamentals and real adoption potential. He asks skeptical people to find other projects with better fundamentals and adoption numbers. Even though XRP has been having a rough patch lately, Rector is still positive about its future and says that it will eventually have its time to shine.
Highlighting XRP’s recent price surge to $0.74 from around $0.61 in a single day, Rector sees this as a promising sign of the coin’s potential for significant gains during the current bull run. While XRP may have missed out on the 2021 bull season, largely due to permitido challenges and regulatory uncertainty, Rector believes the coin is poised for a comeback.
However, CoinPedia predicts that, based on trader activity, XRP will end the week somewhere between $0.583 and $0.680. To put these price estimates in perspective, XRP is currently $0.7008. Investors must notice that XRP is up by 13.3% in the last 24 hours. A sign of a rally since BTC is at its peak and halving approaching?
What’s Next For XRP Price?
Buyers are still skeptical about XRP’s downtrend and rise potential. Some in the crypto community have also expressed doubts about XRP’s ability to regain its past glory, alike Rector who is confident that it will hit the bull’s eye this season. Experts foresee a scenario where XRP could even easily hit $10 during this bull season, underscoring their confidence in the coin’s long-term prospects despite recent setbacks.
Whereas, LEB CRYPTO, a prominent X user, supports the notion that XRP’s peak might coincide with or shortly after the Bitcoin halving, expected next month. According to their analysis, this scenario aligns with Bitcoin’s potential surge above $100k before the halving, followed by a significant altcoin rally where XRP will shine for a brief period.
While Bill Morgan, a pro-Ripple lawyer, partially agrees, suggesting XRP could spike to around $2 in April or May, he remains cautious about predicting a new all-time high at this stage.
[ad_2]
