Ripple Analyst Says XRP Holders Can Earn 50X To 100X In this Bull Run

According to EGRAG Crypto, a prominent analyst who has been sharing insights on the Average Sentiment Oscillator (ASO) chart since 2022, historical data indicates that XRP’s cycle top typically occurs around 275 to 273 days after a bullish cross. With approximately 152 days having passed since the 274-day mark, the analyst suggests that the cycle top might occur around July 1st, 2024, based on the ASO data.

However, EGRAG Crypto also admits that this cycle might deviate from the typical pattern, warning that missing the previously mentioned timeframe could be a clear sign that “THIS TIME IS DIFFERENT.”

Unprecedented Altseason and Potential 50-100x Gains for XRP Holders

Crypto Barbie, another prominent figure in the XRP community, expresses confidence that the market is on the verge of entering the “greatest altseason in history.” She believes that XRP holders, in particular, could see returns of 50 to 100 times their investment during the upcoming bull run.

Several factors contribute to this optimistic outlook, including the anticipated final agreement with the SEC, the potential introduction of an XRP ETF, and the development of a gold-backed blockchain currency by the BRICS countries. Crypto Barbie suggests that these events have either already occurred or are expected to unfold in the coming weeks and months, setting the stage for a significant surge in XRP’s value.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

SEC Seeks Nearly $2 Billion Fine Against Ripple Labs

Despite the bullish sentiment surrounding XRP, the SEC has asked a New York judge to impose a substantial fine against Ripple Labs. According to court filings, the SEC is seeking a total of $1.95 billion, which includes $876 million in disgorgement, $198 million in prejudgment interest, and an additional $876 million civil penalty.

Ripple Labs’ chief legal officer, Stuart Alderoty, recently announced on social media that the public would receive redacted versions of the court documents by March 26.

As the resolution of the SEC case against Ripple Labs draws near, the cryptocurrency community is closely monitoring the potential impact on XRP’s price. Despite the looming threat of a significant fine, many analysts and investors remain optimistic about XRP’s future, with some predicting unprecedented gains during the upcoming altseason.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

CaptainAltcoin
Logo