Blockchain researcher Collin Brown predicts a significant increase in the price of Ripple’s native token, XRP, after September 28. Brown suggests that Ripple may file for an initial public offering (IPO) on that day, which could trigger a surge in XRP’s price. Experts forecast a 20x valuation surge if Ripple proceeds with the IPO.
This speculation is not the first of its kind. Other traders and analysts, including KALEO and EGRAG CRYPTO, have also predicted a rally for XRP. KALEO believes that Ripple will secure a decisive victory in its legal battle against the US SEC, leading to a bull run for XRP. EGRAG CRYPTO has presented a chart showing XRP’s current valuation and potential future deviation. They forecast that the token could rise to as high as $1.40 if it closes above the Fib 0.5 level at 0.57C with undeniable confirmation.
It is important to note that these predictions are based on speculation and should be taken with caution. However, they highlight the potential for significant price movements in XRP in the near future.
Sources:
– Collin Brown’s Twitter: https://cryptopotato.com/here-is-when-ripple-xrp-price-could-explode-analyst/(https://twitter.com/CollinBrownXRP/status/1705120604377034811?ref_src=twsrc%5Etfw)
– KALEO’s analysis: https://cryptopotato.com/here-is-when-ripple-xrp-price-could-explode-analyst/(https://cryptopotato.com/will-ripple-xrp-win-against-the-sec-popular-trader-is-betting-on-it/)
– EGRAG CRYPTO’s forecast: https://cryptopotato.com/here-is-when-ripple-xrp-price-could-explode-analyst/(https://cryptopotato.com/ripple-xrp-to-skyrocket-180-if-it-surpasses-this-key-level-crypto-analyst-claims/)
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About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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