Raul Pal: XRP can grow by 5600%

There is a new intrigue in the world of cryptocurrencies: the token XRP $2.52 XRP -2.81% Market capitalization $144.39 billion VOL. 24 hours $1.99 billion has attracted the attention of investors due to a breakthrough from the long wedge model. The main question of cryptocurrency analysts is whether it will be able to achieve growth of 5600%. Experts believe that such a scenario looks ambitious, but they are careful to note that the potential for a significant rise still exists.

The famous crypto analyst Raul Pal believes that such a rally is unlikely, but XRP can reach $ 3. This will be an important milestone not only for the token itself but also for the market as a whole. The growth may increase the interest of institutional investors, which, in turn, may stimulate further development of the trend.

However, analysts emphasize that XRP needs stability to consolidate its position. The volatility of the cryptocurrency market makes forecasts difficult, but experts agree that significant changes may lie ahead. The $ 3 level may also become a kind of psychological barrier for the market.

Investors are closely monitoring the situation, waiting for new signals. XRP remains one of the most unpredictable assets, and its future remains open. Only time will tell, as the crypto market is always ready for the unexpected.

According to the analytical tracker CoinMarketCap, at the time of writing, the digital token is trading at $ 2.65 with a market capitalization of $ 150.8 billion. Traders made daily trading deals worth $ 39.5 billion.