Crypto
XRP Price Targets Based on Historic Cycle Gains Reach Up to $21.62
The price of XRP has shown potential for another major surge based on past market cycles that delivered gains of 2,405%, 1,002%, and 1,250%.
According to analyst EGRAG, his analysis is based on XRP's historical performance, not random price predictions. He calculated the average gain from these cycles at about 1,552%, while the geometric average came in at around 1,444%.
If XRP were to match this figure, its current price of $1.40 would put it near $21.62.
Moon Lambo, responding to EGRAG's analysis, described it as a reasonable way to assess XRP's historical price gains and focused on the 1,444% figure.