Cryptocurrency analyst BarriC (@B_arri_C) has outlined a potential timeline for XRP’s price growth, keeping up the trend of bullish predictions for the digital asset. His analysis suggests significant gains over the next decade. He paints a bullish picture for XRP, highlighting potential price milestones and underlying factors that could propel the cryptocurrency forward.
BarriC argues that XRP’s current price is the final buying opportunity for investors. In his recent analysis, he suggests that investors acquiring XRP below $0.80 will benefit significantly in the coming years.
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This perspective positions the current price point as a potential historical low, which investors may view as a bargain in hindsight. Other analysts have been pushing this narrative since last year and the increasing bullish sentiment around XRP suggests that they might be right.
There’s only so many opportunities we will be presented to buy cheap $XRP
Currently, cheap #XRP is defined as below $0.80
By the end of this bullrun, cheap $XRP will be anything between $1-$3
By the next halving and bullrun period, 2028-2029 cheap #XRP will be anything between…
— BarriC (@B_arri_C) April 10, 2024
Gradual Growth and Bullish Expectations
BarriC lays out a roadmap for XRP’s price appreciation. He anticipates XRP reaching a range of $1 to $3 by the conclusion of the ongoing bull market, expected to end by 2025. This prediction implies a significant upswing from the current price level, suggesting strong potential for near-term growth. However, investors will have to wait a bit longer for XRP to reach a new all-time high.
BarriC expects XRP to enter double-digit territory before the next Bitcoin halving estimated to happen in April 2028. This suggests a potential price range of $10 to $15 for XRP between 2028 and 2029.
Long-Term Prediction
BarriC’s forecast extends beyond the mid-term, venturing into the next decade. He posits that even at triple-digit figures like $100, XRP might still be undervalued. This outlook suggests substantial long-term growth potential for XRP, with prices potentially reaching between $100 to $500 by 2032-2033, following the subsequent Bitcoin halving.
Reaching these astonishing prices will result in a significant increase in XRP’s market capitalization. However, BarriC’s core argument emphasizes the potential for continued value appreciation for XRP over the long term.
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— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: Analyst Sets $0.001 Shiba Inu (SHIB) Price After Bitcoin Halving
Although some in the market feel massive market caps are unattainable, a prominent figure recently showed through Shiba Inu and another less popular cryptocurrency that the market cap will not hinder cryptocurrency growth.
BarriC’s analysis shows XRP’s massive potential but also shows the significant positive effect the Bitcoin halving and the bull runs that follow can have on cryptocurrencies. Many analysts believe XRP will perform spectacularly once Bitcoin starts rising, and the next few weeks will be intriguing after the halving event occurs.
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