Crypto enthusiasts have started to show optimism about the future of altcoin XRP, following the prediction by pro-XRP lawyer Bill Morgan that it could rise to 2 dollars by April or May. This expectation of a rise comes at a time when the cryptocurrency market’s hopes are high, as Bitcoin (BTC) reached a milestone by exceeding 73,000 dollars for the first time.
Experts’ Rise Predictions
In a recent XRP-related post, Morgan shared his positive outlook on the altcoin, suggesting that it could potentially reach 2 dollars before hitting its all-time high of 3.84 dollars. Morgan’s forecast aligns with the prediction of anonymous crypto analyst Leb Crypto, who anticipates XRP to set new records, possibly coinciding with or shortly after Bitcoin’s fourth block reward halving.
While acknowledging the optimism surrounding XRP’s future performance, Morgan’s timeline differs slightly from Leb Crypto’s. Nevertheless, both individuals continue to be enthusiastic about the altcoin’s potential in the coming months.
Following the positive forecasts by Morgan and Leb Crypto, altcoin investors and enthusiasts are now focused on XRP’s price, especially with technical indicators that signal an upward trend.
Highlighting the Breakout Surge
On the other hand, closely-followed anonymous crypto analyst CrediBULL Crypto pointed out the positive trend in XRP/BTC and XRP/ETH trading pairs, highlighting the breakout surges in the 3-day charts. These breakouts indicate a potential outperformance for XRP, further boosting confidence among investors.
As interest in XRP grows, investors are closely monitoring the altcoin’s price movements. Despite a decrease in trading volume, the price of the altcoin has risen by approximately 14 percent over the last seven days and about 32 percent over the past month.
