Market commentator EGRAG suggests that XRP could experience a significant rally similar to Tesla's price movement from 2018 to 2023. EGRAG believes that XRP could reach a price of $41 within the next 91 days, following a potential drop to $1.20. The analysis points out similarities between XRP's current trajectory and Tesla's historical price movements, with both experiencing corrective phases before explosive rallies. EGRAG justifies the 10X factor by stating that crypto moves faster than stocks. XRP is currently trading at $2.32, so a rally to $41 would require a 1,667% increase.
- Content Editor ( thecryptobasic.com )
- 2024-12-22
Analyst Identifies Timeline for XRP to Hit $41, Citing Tesla Path with a Factor of 10