Renowned financial analyst and wealth mentor Linda Jones has weighed in on XRP’s recent performance, describing the cryptocurrency’s momentum as unstoppable. Reflecting on its recent surge, Jones remarked , “The XRP train has left the station,” suggesting that the opportunity to buy at lower prices may have passed. Jones is optimistic that XRP could surpass its all-time high in the current bull run. While she did not provide specific short-term price targets, her confidence aligns with the sentiment of many XRP supporters that closely watch its upward trajectory. XRP Outshines Market Rivals XRP’s performance has set it apart as one of the best-performing cryptocurrencies in the current market rally. After dropping below $2, the asset has surged to $2.41, marking a 4% increase in the past 24 hours. In contrast, other leading cryptocurrencies such as Ethereum and Binance Coin have seen less than 2%. At its peak, XRP reached an intraday high of $2.44, a 23% rebound from its two-day low of $1.99. This strong recovery has solidified XRP’s position as a market leader and captured the attention of analysts and investors. Short-Term Predictions for XRP Market analysts have provided various projections for XRP’s potential growth. Some believe that XRP could reach the $4 to $5 range in the near term, representing a 100% gain from its current price. However, they also caution that XRP may face resistance before consolidating and preparing for its next move. Ben Armstrong, popularly known as BitBoy, a well-known cryptocurrency enthusiast, has taken a more ambitious stance. He speculated that XRP could challenge Ethereum’s dominance in market capitalization during this bull run. However, for XRP to overtake Ethereum, a significant price surge would be required. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ethereum’s market cap currently stands at $410 billion, while XRP’s is $137 billion, leaving a gap of $273 billion. To close this gap, XRP’s price would need to rise to approximately $7.20, requiring a 200% increase from its current level. Long-Term Outlook for XRP In addition to short-term expectations, many analysts and XRP supporters are considering the asset’s long-term potential. Linda Jones expressed a bold view, suggesting that XRP could eventually reach $100. However, she clarified that this milestone will unlikely occur during the current market cycle. XRP’s recent surge and market-leading performance have reinforced its reputation as a prominent cryptocurrency. As the asset continues to climb, many are optimistic about its potential for short-term gains and long-term growth. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP to $100? Finance Expert Says the Train Has Left the Station, XRP Destination Is Mars appeared first on Times Tabloid .
