The post XRP Price Is Ready to Hit $2 Says XRP PRO-lawyers appeared first on Coinpedia Fintech News

Ripple’s XRP witnessed a significant increase in its price along with Bitcoin (BTC), reaching a new historic ATH of $73,000. Ripple (XRP), on the other hand, traded up 14.55% to $0.6986 in 24 hours.

Among those watching XRP’s rise is pro-XRP lawyer Bill Morgan, who predicts the price of XRP will rise to $2 by April or May.

XRP To Surge $2

In a recent tweet, prominent XRP advocate and lawyer Bill Morgan expressed his expectations for the cryptocurrency’s price trajectory. Morgan shared the expectation that the price of XRP will rise sharply, targeting around $2.00 in the coming months in April or May.

I was expecting it in April or May although a move to around $2.00 not ATHs this early, but I sure hope you are correct. https://t.co/DjMNYFLPgw

— bill morgan (@Belisarius2020) March 13, 2024

However, he said that he did not expect XRP to reach record highs (ATHs) at this early stage. Despite the delay in reaching ATH, optimism about XRP’s potential among supporters remains high.

Meanwhile, Morgan’s statement comes amid intense focus on XRP, prompted by a recent rally where XRP is trading at $0.6972, with 24-hour trading volume in excess of $7.5 billion across its entire market. Weight also rose 11.14% to $38.17 billion.

Bullish Bet XRP/BTC and XRP/ETH Pairs

Adding to the anticipation surrounding XRP’s potential surge, prominent crypto analyst CrediBULL Crypto revealed their ongoing position in XRP ($XRP). 

Still in the position on $XRP from below and just added on to it for a third time, averaging up. XRP/BTC and XRP/ETH both just printed and confirmed bull divs on the D3. That window of outperformance that I discussed in my last update video on $XRP (here:… https://t.co/4MuJTRmcNd pic.twitter.com/wZjtKJyzec

— CrediBULL Crypto (@CredibleCrypto) March 12, 2024

The analysts pointed out that the XRP/BTC and XRP/ETH pairs published recently confirmed a bullish divergence on the D3 timeline. This indicates a possible reversal to the downside and indicates bullish momentum for XRP against Bitcoin and Ethereum.

Market Reaction and Analysis

CrediBULL’s tweet has garnered attention within the cryptocurrency community, with traders and investors noting the bullish signals in XRP. Analysts’ insights are highly valued, and their actions may affect market sentiment on XRP in the short term.