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Top Crypto Analyst Expects XRP to Surge 100x, Unveils New Long-Term Price Target

Following 20% Weekly Increase, What’s Next for XRP? (Ripple Price Analysis)

November 19th 2020

Bill Hinman of the SEC notes cryptocurrency in one of his last speeches | bitcoin | crypto | crypto news | SEC news

November 19th 2020

A widely-followed crypto trader and analyst says XRP is gearing up for a wild bull run.

The analyst, who goes by the name Credible Crypto, tells his 71,000 followers on Twitter that XRP will pull back during Bitcoin’s next big correction, but may not suffer as much as fellow altcoins.

“Many alts will dump hard but XRP/BTC is on support so it may not be affected as bad as other alts.”

Once BTC has gone through a healthy retracement, the analyst says XRP is poised to begin a long-term rally that sees the coin surge 100x in value.

When asked specifically if he believes XRP will rise 100x, Credible Crypto replied in the affirmative, saying he has a $25 to $30 price target for the asset.

As for Bitcoin, the analyst says he’s convinced a correction is coming after the leading cryptocurrency’s historic rally – but it’s not time for a reversal quite yet. The analyst believes BTC may reach a new all-time high (ATH) first.

“Our 3rd subwave looks complete, but we still have our 4th and 5th (blow-off top) to go [in my opinion]. Crazy to say this, but I think we are going to break ATH in the coming days. Incredible…

Parabolas never end well, and when this one breaks we will likely see a 30-40% correction. That being said, it’s not time for that…yet.”

Source: Credible Crypto

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XRP vi.be Editor

XRP vi.be Editor

Editor at XRPvi.be, gathering information and insights about Ripple, XRP and related things from around the internet. Opinions deriving from any content do not represent ours. All content copyrights are with the original creators and holders. By clicking on the ‘source’ link you can visit the originating place of the content.

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