According to CryptoPotato, despite Ripple's XRP experiencing a price drop of over 4% on a weekly scale, some analysts remain optimistic about its future performance. One such analyst, XRP whale, predicts that March will be a historic month for the asset, with a potential price appreciation above $10 after significant turbulence. The XRP enthusiast, who has over 100,000 followers, believes the price will first pump to $1, then fall to $0.80, fly towards $2, test $1.50, pump again towards $3.30, fall to $3, and finally continue towards $10.
Another analyst, EGRAG CRYPTO, envisions even more spectacular peaks for XRP. Comparing its performance from 2017 with the current cycle's bottom, the analyst forecasts a price explosion of $27, stating that XRP only needs to increase by 7X from its 2017 levels to reach this target. EGRAG CRYPTO plans to sell at various price points to secure profits.
Some important factors suggest that XRP could be on the verge of a bull run this year, as previously explored by CryptoPotato.