Market commentators are urging fresh XRP accumulation under $4, asserting that the race to higher levels is about to begin.
This comes as the market stabilizes after Monday’s dump and the weekend frenzy around the TRUMP meme coin. During these two periods of peak market activity, the XRP price suffered significantly.
Notably, XRP dipped to $2.90 on January 19 after rallying near its all-time high at $3.50 two days earlier. Meanwhile, it recovered the next day to trade at $3.3472 on hopes of a pro-crypto announcement from Trump. However, such announcement failed to happen, triggering another dip to $2.92.
Nonetheless, at press time, XRP is maintaining its footing in the $3 range after a 2.7% gain today. With the improving market sentiment, prominent market commentators believe that participants are witnessing another last opportunity to accumulate XRP cheaply around $3.
XRP Is Going Much Higher: Buying All Before $4
In a post on X, analyst Jake Gagain argued that XRP is preparing for significant gains from its current price. “XRP is going so much higher,” he said.
Meanwhile, in a separate conversation, crypto YouTuber Oscar Ramos revealed that he is loading up on XRP before it hits $4. “The real show is about to start,” he said, encouraging market participants to do the same.
Community members responding to Ramos’ post shared a similar outlook on XRP’s potential price movement.
X user Mohd Atif remarked that XRP’s price is so close to its all-time high, expecting a breakout could happen soon. He also mentioned he was closely watching the momentum, suggesting a strong push past $4 if the market remains bullish.
How High Can XRP Go?
Discussions about how high XRP can go this season remain a hot topic in the crypto community. Notably, XRP is one of the few assets that has not seen a new all-time high in seven years, partly due to the SEC’s lawsuit against Ripple.
However, XRP’s condition has improved significantly in recent months. The asset is just a 20% rally away from a new peak.
The most popular projection for the asset is a double-digit price beyond $10. Even previous XRP critics, who doubted XRP would ever see a new all-time high, have recently shared optimism about prices reaching as high as $24.
Meanwhile, based on historical data, ambitious holders target triple-digit prices for this season. However, critics frequently question these expectations. On the conservative side, analysts suggest a price range between $5 and $8.
With the bull market expected to last several months before the momentum wanes, it remains to be seen how high XRP will reach.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
