Recently, the XRP coin has experienced some volatility in its trading price, with the cost of an XRP token falling below the price averages of the past month. Despite this, some experts believe that the XRP price could still rise, pointing out potential bullish targets.
One forecaster, EGRAG CRYPTO, has predicted that XRP could reach a range of $1.20-$1.80 by June or July based on past trends and technical indicators. Other analysts suggest that XRP may follow a pattern similar to what was seen in 2021.
There is a more optimistic outlook that sees the price surpassing the current all-time high of $4 by the end of September. This forecast is based on Ripple following the same trajectory as 2021 and technical factors.
Despite negative market sentiment in the cryptocurrency industry, some experts believe that XRP could see an uptick in the coming months. The outcome may depend on various factors such as historical trends, technical indicators, and the ongoing legal battle between Ripple and the SEC.