When it comes to price predictions, some people think Ripple’s XRP price could go sky-high, while others think it will never break out of its current range. But according to C-Zar, a popular analyst from the C-Zar Gets Crypto YouTube channel, there’s plenty of reason to believe XRP could eventually reach prices as high as $40 or even beyond.
In his video, C-Zar broke down the current XRP price action and what it might mean for the coming weeks and months. He shared his thoughts on July 5, when XRP was trading around $2.22, a bit lower than the day before. He noted that while XRP was down about 1.6%, Bitcoin was also down 1.4%, and top altcoins were down 3.5%. In his view, XRP was holding up well during this period of market weakness.
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Consolidation Could Lead to Explosive XRP Price Moves
C-Zar pointed out that XRP has been in a long consolidation phase, basically moving sideways since December. While this can be frustrating for holders, he explained that it often sets the stage for a powerful breakout.
He described the current chart pattern as a “messy bouquet” where price action looks scattered, but he thinks XRP will break out of this soon. When XRP does break out, he expects it to move quickly to the $2.90 to $3.12 range, possibly by the end of July or soon after.
He added that by August, XRP could be pushing toward new all-time highs or at least testing the previous highs near $3. If XRP can close July at or above $3, he believes it’s a strong sign that the big move is about to start.
XRP’s History of Massive Rallies
To back up his bold Ripple price targets, C-Zar looked at XRP’s past. He shared several examples of historical moves where XRP price rocketed by hundreds or even thousands of percent in just a few weeks. For instance, XRP once jumped 245% in four weeks, and in another instance, it surged 1,500% in about a month. Moves of 245% to 1,500% have happened before, and according to C-Zar, there’s nothing stopping a similar move from happening again.
If XRP repeats one of these exploive runs from past cycles, C-Zar thinks it could easily reach $10. In fact, he’s been calling for $10 for months and says he still sees it as realistic. And if XRP delivers something like the 485% rally it had in earlier cycles, it could even go beyond $17 or $19.
Why Big XRP Price Moves Are Still Possible
Some people argue that XRP can’t rally as wildly as before because the market cap is bigger now. But C-Zar thinks this overlooks key factors that could push Ripple price much higher. He pointed out that there is no more SEC case weighing down Ripple and XRP sentiment. He also talked about crypto reserves, potential strategic reserve status for XRP, and overall bullish developments in the crypto space.
He said the market conditions are different from when COVID hit and markets crashed. He also noted that former President Trump has been speaking positively about crypto, which could open doors for favorable legislation. Rumors of no taxes on US-made crypto could also help spark a major rally if they turn out to be true.
All of this, combined with XRP’s tendency to move explosively after long periods of consolidation, gives him confidence that the XRP price could reach $13 or even higher by the end of August. And over the longer term, he sees a path for XRP price to potentially go up to $40 or even $70. He’s not saying $100 is guaranteed, but he doesn’t think targets up to $70 or $99 are out of the question down the line.
Final Thoughts on Ripple Price Predictions
C-Zar wrapped up his video by reminding viewers that timing these moves can be tricky. XRP might not hit these targets exactly on the timeline he expects, but he believes the big breakout is coming. He thinks XRP has been consolidating for so long that when the move happens, it will be huge and fast. He also reminded everyone that while Ripple and XRP are technically separate, developments at Ripple almost always impact XRP price.
Read Also: How Much RIpple (XRP) Do You Really Need to Retire Comfortably?
He signed off by wishing everyone a happy Fourth of July, warning that the weekend might be boring in the markets, but predicting that things could get exciting again very soon. He encouraged his followers to stay tuned for bullish news and to prepare for what could be a massive XRP rally.
According to C-Zar, the next big Ripple price move could be life-changing for those who are ready, and he’s standing by his call that $10, $20, or even $40 XRP price is not just a dream, but a realistic target.
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