The XRP Price When It Hits $1 Trillion Market Cap
You are probably wondering what the future holds for XRP. Well, according to prominent crypto analyst Egrag, the token’s future is looking incredibly bright. In a recent post on his Twitter platform, he expressed optimism about XRP reaching a market cap of $1 trillion. He didn’t specify an exact price for XRP but suggested that it could hit new all-time highs.
Egrag acknowledged XRP’s past “parabolic ascent,” where it surged by 100,000%. However, he believes that this is nothing compared to what’s coming. He confidently stated that a 7% gain from the previous rise is not only feasible but practically a walk in the park.
What Is On The Horizon For XRP?
In another post, Egrag made some bold predictions about XRP’s future trajectory. He analyzed the token’s Multi-Year Ascending Triangle (MYAT) and projected that XRP could reach $1.3, laying the foundation for a move to $5.5.
Based on Egrag’s recent ‘god candle’ price prediction, XRP is poised to hit the $1 mark and possibly go higher. Although it may retest the price range between $0.55 and $0.58 before rallying to $1.
Currently, the XRP price is trading at around $0.65, down over 1% in the last 24 hours according to data from CoinMarketCap.
Hot Take: The Future of XRP According to Egrag
Egrag’s bullish stance on XRP’s future has sparked excitement among investors and enthusiasts alike. With his bold predictions and optimism about unprecedented growth in both market cap and price, it’s no wonder that many are eagerly anticipating what lies ahead for this popular cryptocurrency.
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