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Despite in this early stage of this bull run, has shared his belief and given reasons why the crypto token is still bound to perform well. He went as far as ranking the token up there with Bitcoin to drive home his point on why the token will make a .
“XRP Will Not Miss This Bull Run”
Rector mentioned in an X (formerly Twitter) that XRP will not miss this bull run. In the accompanying video, the crypto expert highlighted the as one of the reasons he holds this belief despite XRP’s tepid price action. Rector further claimed that the token and have some of the best fundamentals in the crypto space.
Rector even challenged his followers to mention any other crypto token with a better fundamental than XRP. According to him, Bitcoin is the only other token that comes close to XRP in that regard. His statement echoes the sentiments of Ripple’s CEO Brad Garlinhouse, who the importance of real-world utility in driving a crypto’s growth.
Meanwhile, Rector alluded to XRP’s recent pump as a sign of the great things to come for the crypto token. On March 11, XRP climbed to as high as $0.74 before seeing a sharp correction. However, the will hope Rector’s conviction is correct, considering that XRP didn’t make any significant statement in the .
As Rector noted, in the token is fast waning, and there is a belief that a repeat of the altcoin’s sluggish 2021 run will ultimately erode this faith. XRP getting close to or surpassing its all-time high (ATH) of $3 will be a great place to start if it is to make a run in this bull run.
Time For Price Predictions To Come True
Crypto analysts like Crypto Rover and had before now made bullish price predictions for XRP, which are meant to be actualized sometime around this period. On his part, Crypto Rover that the altcoin would see a “massive breakout” this March. Meanwhile, Egrag predicted that XRP will rise to $5 between now and April.
Other analysts like Dark Defender have also fuelled expectations for XRP this period. Dark Defender, in particular, recently stated that the next target for toke is the $1.33 price mark and that the $1.88 and $5.85 Fibonacci targets could be attained in the upcoming weeks.
At the time of writing, XRP is trading at around $0.686, down over 1% in the last 24 hours, according to from CoinMarketCap.
Token price at $0.68 | Source:
Featured image from Bitcoin News, chart from Tradingview.com
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