CandleFocus

Top Analyst Says Crazy Days Are Coming for XRP

Analyst Levi Rietveld has predicted explosive growth for XRP in the upcoming market surge and advises investors to prepare for volatility and dollar-cost average during this period. The sustained uptrend in the crypto market, boosted by Bitcoin's resilience above $63,000, has led Rietveld to revisit his September prediction and state that "crazy days are coming." Rietveld anticipates Bitcoin reaching $100,000 or higher, which could result in increased liquidity for altcoins like XRP. He warns that initial liquidity injection can be volatile and advises investors to be prepared for potential price corrections. However, Rietveld believes XRP may demonstrate relative stability compared to Bitcoin and encourages investors to dollar-cost average into XRP. He expects mid-2025 to be the peak of this cycle and recommends investors to remain vigilant, have cash ready to buy dips, and consider leveraging opportunities in XRP as the market prepares for explosive growth. At present, XRP is valued at $0.5898, reflecting a 3% gain over the past week.

Related News