XRP Price Projections Based on Historical Precedent Suggest $14.77 Target
An expert has shared XRP's potential for next-level growth based on historical data from three previous cycles. The cycles showed percentage gains of +2,405%, +1,002%, and +1,250%. Using these figures to calculate an arithmetic average and geometric mean, the expert concludes that XRP could reach $14.77 or even higher.
The arithmetic average is around 1,552%, which would place XRP at a price of over $15. The more conservative geometric mean comes out to approximately 1,444%, putting the price target at $14.77. Both figures are based on documented cycle data and come from a legitimate analytical framework.
Co-analyst Moon Lambo weighed in, saying that this approach is 'perfectly reasonable' and has been seen in crypto before. He referenced the $14.77 price target tied to the geometric mean figure and noted that if the current cycle proves larger than previous ones, those price levels could be conservative.
The expert emphasized that they do not make price predictions and acknowledged the risk of being wrong. However, their conviction on XRP's potential remains strong: 'I'm sitting here with you guys believing that if we just let enough time pass, it's going to trend up and to the right on the chart because there's strong fundamentals.'