XRP to Break Past $6? This Analyst Thinks So

Ripple has been acknowledged widely for its incredible price momentum and future trajectory. Despite the token being embroiled in a war with the SEC, XRP continued to impress the masses by keeping its trajectory steady for a long time.

With Ripple forging new alliances across all leading verticals and sectors, XRP’s prominence has slowly been seeping into new corporate grounds. The gradual rise has been contributing to XRP’s slow yet steady pace. Per CoinMarketcap, XRP has noted a spike of 18% in the past month. The token is also up 4% in the last 24 hours, trading at $0.6264. 

The crypto community is holding on to the token’s bull run explosion, with XRP hitting critical milestones. Several analysts on X have brought forth interesting predictions concerning XRP. While some project it to cross $1 soon, others have predicted its sharp price rebound, helping the token breach past the $5 mark. 

Also Read: XRP Echoes Its 2017 Nostalgic Bull Ride: Can It Breach $1 Soon? 

Ripple Price to Cross $6?

Several analysts have predicted that XRP will cross the $1 mark soon. Milky Bull, a notable crypto analyst, has shared how XRP can soon cross critical price thresholds, triggered by positive market sentiment and a bull run. The analyst later backed his prediction by sharing a price graph, adding how XRP recently crossed a critical price conjuncture. 

The graph outlined XRP crossing a crucial price threshold, breaking past barriers and resistance in its wake. Per the chart, XRP has now “retested” and may ascend to new price pedestals soon. Per the analyst, XRP may soon hit a new price level between $1 and $6.