$750 XRP Price Target Sparks Debate Over Historic Pattern Repeat
A crypto analyst known as BarriC has sparked debate within the XRP community by suggesting that the cryptocurrency could reach $750 if it follows a similar price pattern to its 2017-2018 bull run.
According to BarriC's analysis, XRP's rapid surge from $0.006 to $3 during the 2017-2018 period was driven by retail speculation and overall market activity. He applied this same scale of increase to XRP's current price near $1.38, resulting in a potential target of $750.
Some community members have expressed skepticism about BarriC's projection, pointing out that the current market structure differs significantly from 2017. Others have noted that achieving a $750 price would require more than a 500x gain from present prices and elevate XRP's total market capitalization well beyond that of Bitcoin.
XRP has recently experienced a pullback from its highs near $3.65, posting several consecutive monthly declines. An analyst described XRP as currently sitting within the 'green area' of its long-term weekly uptrend, viewing the current price as similar to conditions before past breakout moves.