Despite XRP is lagging behind at this early stage of this bull run, crypto expert Zach Rector has shared his belief and reasons why the crypto token will continue to perform well. He even went so far as to rank the token higher than Bitcoin there to drive home his point about why the token will be a success run fast enough.
“XRP Won’t Miss This Bull Run”
Rector mentioned in an X (formerly Twitter) after that XRP will not miss this bull run. In the accompanying video, the crypto expert highlighted the basics of crypto tokens This is one of the reasons why he holds this belief despite XRP’s tepid price action. Rector further claimed that the token and XRP Ledger (XRPL) have some of the best fundamentals in the crypto space.
Rector even challenged his followers to name another crypto token with better fundamental value than XRP. According to him, Bitcoin is the only other token that comes close to XRP in that respect. His statement echoes the sentiments of Ripple CEO Brad Garlinhouse recently declared the importance of real-world usability in driving a crypto’s growth.
Meanwhile, the principal alluded to it The recent pumping of XRP as a sign of big things to come for the crypto token. On March 11, XRP climbed to $0.74 before a sharp correction occurred. however, the community I hope the Rector’s condemnation is correct, since XRP didn’t create one important statement in the Bull Run 2021.
As the rector noted, the faith of the members of the community in the token is rapidly declining, and there is a belief that a repeat of the altcoin’s sluggish 2021 run will eventually erode this confidence. XRP approaching or surpassing its all-time high (ATH) of $3 will be a great place to start if it wants to make a run in this bull run.
Time for price predictions to come true
Crypto analysts such as Crypto Rover and Egra Crypto had previously made bullish price predictions for XRP, which should be realized sometime around this period. For its part, Crypto Rover predicted that the altcoin would experience a “huge breakout” in March. Meanwhile, Eggag predicted that XRP will rise to $5 between now and April.
Other analysts such as Dark Defender have also fueled expectations for XRP this period. Especially Dark Defender, recently declared that the next target for toke is the price of $1.33 and that the Fibonacci targets of $1.88 and $5.85 could be reached in the coming weeks.
At the time of writing, XRP is trading around $0.686, down more than 1% in the past 24 hours. facts from CoinMarketCap.
Token price at $0.68 | Source: XRPUSDT on Tradingview.com
Featured image from Bitcoin News, chart from Tradingview.com
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