XRP $589 Dream: Experts Say Believers Still Not 'Delusional' Enough

A famous market analyst believes that the price prediction of $6 for each XRP cryptocurrency is considered too conservative by some experts. Crypto Bitlord believes that the actual target for XRP is $589 per coin, and adds that those skeptical of this target are "not dreamy enough". XRP Three-digit Price Data shows that XRP is the highest performing cryptocurrency in the recent surge of digital assets driven by Trump. Therefore, once again, a market expert has put forward the idea of a $589 price level for each coin. Crypto Bitlord declares that the true price target of XRP is not $6 as some commentators have said, but $589, while also adding that those who dismiss this three-digit target are not ambitious enough. Crypto analysts argue that prices are predicted by some market observers' conservative estimates, believing that $589 per unit is very feasible. Previously, Crypto Bitlord claimed that XRP would reach a three-digit price. However, he received criticism from investors for what they perceived as an ambitious dream. Now, with crypto assets performing very well in the rising market, Crypto Bitlord has been able to refute them, calling them not 'delusional' enough. Many traders in the XRP community do not share the same vision as Crypto Bitlord, considering the $589 target unattainable. Earlier this month, another crypto analyst, Tony Edwards, lowered the $589 target, saying that it was a 'pipe dream.' Edward argued that the price predictions for this cryptocurrency are delusions, saying, 'People calling $589, $1,000, or $10,000 are 'on drugs'. My target price for this cycle is $5-$8. It could be a little higher but I will play it safe and conservative. Those calling for $589, $1,000, and $10K are on drugs. Other analysts say that a three-digit price level only occurs if the crypto market capitalization reaches $33 trillion, an amount larger than the total market capitalization of the top 20 US companies. Edward estimates that the price hike will bring XRP to around $5 and $8.

Altcoin operates well Data shows that XRP benefits significantly from the ongoing cryptocurrency market rally due to Donald Trump's regaining of the White House. Last month, the crypto price surged 283%, while in the first half of December, it increased by 23%, nearly reaching the $3 threshold. A CNBC report called XRP the 'biggest winner' in the cryptocurrency surge led by Trump. According to CNBC, since Trump won the US election, XRP's price has surged 370%, outperforming the broader digital asset market. Compared to that, Bitcoin only increased by 45% during the same period, while the entire cryptocurrency market increased by 91%. At press time, XRP was trading at $2.36 with a total market capitalization of $136 billion. DYOR! #Write2Win #Write&Earn $XRP {spot}(XRPUSDT)