Technical analyst expects the XRP schedule to exceed $ 50

Technical analyst and encryption merchant He has Continue to make the bold predictions of the XRP price, mocking investors who ignore the origin of the current prices.

The last comment comes when the XRP price is struggling to keep it suspended over the psychological area full of men. For the context, during trading at $ 2.14, XRP noticed a radical decrease from April 6 to 8, as it rose by more than 17 % during this period, and closed April 8 at $ 1.79, which is the lowest in five months.

However, the XRP witnessed an impressive recovery the next day, as it recorded a 14.33 % increase to restore the $ 2 region and close it over it. Although briefly giving up the price brand, I struggle to keep it at the time of the press. However, the bears are struggling to take over.

XRP price to reach $ 50?

Amid this oscillation, at Cryptominder, a market analyst Preserve His confidence in the XRP capabilities. According to him, he is currently buying XRP in the current price, Expect price explosion in the future. While some predictions target the eye between 12 to 15 dollars, Cryptominder believes that the price of XRP has the ability to reach $ 50.

It is suggested that this price may be achieved in the next five years, mainly in 2030. For the context, the price of $ 50 will represent an increase of 2,339 % over the current XRP price of about $ 2.05. It is worth noting that if XRP maintains a fixed annual growth, this translates into an annual growth rate of about 90 %. This means that XRP will need a 90 % increase every year.

Looking at a 237 % increase last year, this estimate is largely possible for Altcoin. Cryptominder It is very certain that it is toppled, as much as the market participants suggest that this day will remember this expectation, and it may be seen after it is too late.

He mocked the investors who practiced caution amid the current price conflicts of XRP at the $ 2 sign. According to him, similar feelings arose when Xrp It was traded for $ 0.09. For context, the price of XRP was traded the last time the 0.09 dollars region In May 2017. Cryptominder He also stressed that investors have these cautious feelings when XRP witnessed $ 0.35.

Now, the assets have made gains for the market participants who believed in their capabilities at previous low prices. According to Cryptominder, he purchased XRP at these prices. With the current XRP trading at $ 2, the analyst expects similar gains for investors who believe in it. This is the motivation behind its $ 50 goal.

The bullish feelings about XRP

Interestingly, Cryptominder is not the only critic in the market that predicts the rise in the XRP price to $ 50. Last August, amonyx Argue XRP is likely to exceed $ 10 to demand $ 50, insisting that no one can stop the momentum. Recently, Edoardo Farina Propagate Investors will start “crying” for $ 100, once XRP demands $ 50.

Meanwhile, Telegaon seems to be the analytical resources of the market Hold The same feelings as Cryptominder. The basic system suggests that XRP can reach the maximum price of $ 48 by 2030, as it is closely consistent with the predation of Cryptominder. However, Changelly analysts believe that XRP will not see $ 50 until 2033.