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TL;DR<\/strong><\/p>\n The recent cryptocurrency market revival and XRP price surge have prompted analysts to double down on their bullish forecasts on the asset. One such person is the popular X (Twitter) user Dark Defender, who envisioned that Ripple\u2019s native token could skyrocket to over $6 before the end of 2024.<\/span><\/p>\n Hi all. #XRP<\/a>\u2018s current price ranges between $0.66 & $0.52. It won\u2019t be a surprise to see $0.66 shortly.<\/p>\n Supports: $0.52, $0.46 But the real surprise will be when things go<\/p>\n Parabolic.#FreeDAI<\/a> @X<\/a> @digitalassetbuy<\/a> pic.twitter.com\/9qAXFkmdhd<\/a><\/p>\n \u2014 Dark Defender (@DefendDark) October 25, 2023<\/a><\/p>\n<\/blockquote>\n They assumed that the prediction might become a reality if XRP manages to overcome several support and resistance levels. The chart indicates that things could go \u201cparabolic\u201d if the coin lands at $1.30. From that moment on, it could reach the $6 mark in a matter of a few months, Dark Defender argued.<\/span><\/p>\n The analyst further touched upon the ongoing volatility that reigns in the cryptocurrency market, suggesting XRP might hit $0.66 in the short term.\u00a0<\/span><\/p>\n Numerous other analysts have laid out predictions on XRP in the past several weeks, with some expecting the asset to experience astronomical price increases.\u00a0<\/span><\/p>\n The X user EGRAG CRYPTO opined that Ripple\u2019s second court victory against the SEC could act as a catalyst and push the coin to as high as $27 in the future.<\/span><\/p>\n Crypto trader Oaksacorn were even more bullish. They observed certain charts and compared the current market with the 2015-2017 cycle to <\/span>conclude<\/span><\/a>\u00a0that XRP could explode to $43.<\/span><\/p>\n The wildest bet came from cryptocurrency analyst Shannon Thorp, who\u00a0<\/span>believes<\/span><\/a>\u00a0that the asset has a chance to blast to the ridiculous mark of $500 in the next four years.\u00a0<\/span><\/p>\n It is worth mentioning that this forecast would most likely remain a mirage, considering the fact that XRP\u2019s market cap should rise to the absurd $250 trillion for that to happen. Recall that the entire market cap of the industry was around $3 trillion in 2021 when Bitcoin (BTC)\u00a0<\/span>reached<\/span><\/a>\u00a0an all-time high of almost $70,000.\u00a0<\/span><\/p>\n Those willing to check XRP\u2019s possible price trajectory in the remaining months of 2023 could take a look at our dedicated video below:<\/span><\/p>\n\n
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XRP to Explode 1,000%?<\/h2>\n
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Resstncs: $0.66, $1.88, $5.85<\/p>\nSome of the Outrageous XRP Forecasts<\/span><\/h2>\n