Cryptocurrency

Citing Historical Golden Cross, Analyst Projects $33 XRP and $6.5 XLM

XRP and Stellar Lumens (XLM) might attain incredible price highs that would supersede their all-time high (ATH), according to CryptoBilbuwoo, a crypto enthusiast and price analyst renowned for sharing insights and crypto market analyses.

Going by CryptoBilbuwoo, XRP will achieve price levels between $26 and $33 while XLM is on the verge of attaining a new price high of about $6.5.

Read Also: Ex-Banker Says XRP and XLM Will Disrupt World of Payments. Here’s why

Citing Historical Golden Cross Appearance

Quoting a previously shared price analysis involving XRP and XLM, CryptoBilbuwoo based his latest on the golden cross appearance on both XRP and XLM price charts in 2017. 

According to the crypto analyst, the appearance of the Golden Cross has always signified an imminent bullish run similar to what played out in 2017. CryptoBilbuwoo appears confident that the new rally that would accompany the re-emergence of the Golden Cross will be more massive than usual. 

Potential Timeline For The Price Predictions To Playout

As mentioned earlier in this insight, CryptoBilbuwoo projected XRP price to range between $26 and $33., noting that XLM could hit $6.5.

According to what we could pick from his chart, the price forecasts will likely happen between 2024 and 2025. An extract from the tweet noted, “The chart shows that 1.618 Fibonacci ratio(XLM: 6.5$, XRP: 26~33$) will be completed at the end of December.”

Read Also: XRP, SHIB, XLM Required To Make $1M, $5M, $10M If XRP, SHIB, and XLM Hit Their All-time Highs

Based on mathematical calculations, it could be deduced that CryptoBilbuwoo’s forecast projected a similar percentage increase of approximately 6,500% from their current prices of about $0.49 for XRP and $0.11 for XLM at the time of writing.

Meanwhile, per a previous news publication, CryptoBilbuwoo cited a similar golden cross on the XRP weekly chart, predicting an XRP surge to $6, implying a 1,124% increase from the token’s current price.

XRP Price in the Market

At the time of writing, XRP and XLM’s data on CoinGecko revealed the digital assets market capitalization to be $26,252,729,136 and $2,951,767,479, respectively. XRP is ranked 5th while XLM remains plunged down the pecking order at the 25th position.


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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

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