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Analyst: XRP Price Will Hit $5 In 3 Weeks From Now. Here’s why

CryptoBull (@CryptoBull2020), a well-known crypto analyst, has recently highlighted a sharp progression in XRP’s recent trading activity and suggested that the token is poised for another major rally. He pointed out that on June 22, the price stood at $1.92, and by July 13 it had climbed to $3.64.

On September 23, XRP traded at $2.69, promting the analyst to predict that the asset could climb to $5 within next 3 weeks, potentially reaching a new all-time high like it did in July.

Path Toward a New High

The post comes as traders assess whether XRP can repeat its past patterns and build on momentum toward a new all-time high. The trend from June to July represented a near doubling in value over a short period, and the analyst expects similar trajectory to emerge again.

A climb to $5 would represent not only recovery from recent pullbacks but also a level beyond its previous peak. Other analysts have echoed similar expectations, suggesting that XRP may be positioned for stronger performance in the coming weeks.

The argument rests on its history of sharp uptrends once certain support zones hold, and recent trading activity has drawn comparisons to previous rallies that preceded significant breakouts. Market observers note that institutional flows and improved liquidity corridors could support such an outcome, and other analysts believe the $5 target is within reach.

Potential Catalysts for Growth

Two potential catalysts are emerging that could influence XRP’s path toward the projected $5 mark. The first is the recent rate cuts introduced by the Federal Reserve, which have injected liquidity into financial markets and supported risk assets, including cryptocurrencies. Historically, lower interest rates reduce the appeal of holding cash, often prompting investors to allocate more into digital assets.

The second factor is anticipation surrounding XRP exchange-traded fund (ETF) approval, with approval expected between mid- and late October. Such a development would open the door for broader institutional access and create new demand channels. Together, these events provide conditions that could reinforce the bullish outlook and accelerate XRP’s momentum if they unfold as expected.

Community Responses

Reactions from the XRP community have been mixed. Some supporters welcomed the $5 projection, as the recent trend resembles earlier periods that led to major breakouts. They pointed to the strength of past rallies and argued that the current setup supports optimism.

On the other hand, skeptics dismissed the forecast. Some noted that the asset has failed to maintain momentum after reaching higher levels in the past. For them, the $5 target appears ambitious without stronger evidence of sustained buying pressure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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