XRP analyst targets $254 price, citing 2017 rally surge

Klaybrowning, a prominent cryptocurrency enthusiast, shared a bullish forecast for $XRP, suggesting the token could reach $254 per coin in a possible future rally. This target would represent a dramatic increase compared to XRP’s current trading levels. Drawing on historical chart patterns, Klaybrowning referenced XRP’s performance during the 2017 bull market. At that time, the token’s price surged from approximately $0.0058 to $3.14676, marking an increase of about 54,636.54% over a four-year period. Klaybrowning presented a weekly XRP/USD chart from Bitstamp to support the claim, showing how this previous rally unfolded between 2014 and 2018.

Source: CoinTurk News