XRP Prediction 2028: Will the Cryptocurrency Price Hit $250?

 

An XRP price prediction for 2028 has been revealed recently. Will XRP price hit a staggering $250? Despite the price drops and fluctuations, an analyst has shared an epic price prediction for Ripple’s native cryptocurrency, XRP.

In a post shared on July 11 on the X app, cryptocurrency expert known as The Great Mattsby highlighted in his analysis that the XRP token is poised for a potential rally that will drive the cryptocurrency’s price to reach $250 in the coming years. The expert based his analysis on technical indicators and XRP’s historical performance.

“$XRP at $250 by 2028?? So $XRP at ±60000% aligns with the math of this green angle, which has also been a very important support and resistance angle in the past (highlighted). Proof that it’s not impossible,” the analyst wrote.

The crypto expert also noted that “XRP has one of the tightest monthly Bollinger Band squeezes in its history and in all crypto right now. The last time it squeezed like this, it shot up 60,000%.”

At the time of publication, the price of XRP was trading at $0.4623, up 3.2% in the last 24 hours. Over the last seven days, the price of XRP has appreciated by 10.6%.

XRP to Explode 1700%? XRP Forecast to Hit $8 by July

Will XRP price explode? A recent prediction suggested that XRP could explode by 1700% and reach $8 as early as next month. Prominent cryptocurrency analyst Egrag Crypto recently highlighted the crucial levels that need to be reached soon for XRP price to stage a bullish rally that takes it to this price.

In his analysis, the expert noted the importance of XRP closing the next three-month candle above the $0.55-$0.58 level in the next 10 days, suggesting that this move will boost the cryptocurrency’s epic uptrend.

“XRP in the 3-month period has shown 2 Hammer Candles before the big pumps: 1) April-June 2016 2) July-September 2017. At the moment, XRP needs to close the next 3-month candle above $0.55-$0.58 in the next 10 days to form another perfect Hammer formation! This will be a powerful Bullish signal, suggesting a Mega Pump is coming! If we get Hammer 2, we expect a rise of around 1700% ($8) from July 2024,” he highlighted.

Disclaimer:

The views and opinions expressed by the author, or any person mentioned in this article, are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.