Crypto enthusiasts are buzzing with anticipation as pro-XRP lawyer Bill Morgan predicts that the altcoin XRP could soar to $2 by April or May. This comes as the crypto market rides a wave of optimism with Bitcoin‘s value surpassing $73,000 for the first time ever.
Optimistic Forecasts for XRP
Morgan recently shared his bullish stance on XRP, suggesting the possibility of the altcoin reaching $2, approaching its historical peak of $3.84. This sentiment is echoed by an anonymous crypto analyst, Leb Crypto, who sees XRP breaking new ground, potentially around the time of Bitcoin’s next block reward halving.
Despite slight variations in their timelines, both Morgan and Leb Crypto express confidence in XRP’s prospects in the near future. Their positive projections have drawn the attention of altcoin investors to XRP’s price trajectory.
Anticipating a Breakout Performance
Adding to the optimistic sentiment, crypto analyst CrediBULL Crypto noted bullish patterns in XRP/BTC and XRP/ETH trading pairs, signaling a potential breakout in the 3-day charts. These patterns suggest that XRP may outshine its counterparts, invigorating investor sentiment.
With escalating interest in XRP, market watchers remain vigilant over its price activity. Despite reduced trading volumes, XRP has experienced significant growth, with a 14% price increase in the last week and an impressive 32% climb over the past month.