XRP could soon embark on a parabolic move, according to crypto trader Bitlord, who claims that millions can be made by timing XRP’s potential surge.
XRP Ready for a Parabolic Move, Says Expert
Prominent crypto trader and investor Bitlord, who has been involved in the crypto market for over a decade, recently shared his bullish outlook on XRP. According to Bitlord, XRP is poised for an uptrend that could generate millions in profit for those who time the move correctly. His prediction comes as XRP has struggled to keep up with other major crypto assets in recent bullish trends.
While Ethereum and Solana saw gains of over 10% in the past week, XRP only managed to grow by 3.53%. Additionally, in the past 24 hours, XRP has dropped by 1%, even as other cryptocurrencies gained over 3%. Despite these underwhelming performances, Bitlord remains optimistic about XRP’s future.
XRP’s Recent Price Movements and the $0.6 Milestone
During the weekend, XRP briefly reclaimed the $0.6 mark, reaching $0.61, its highest point since last month. However, this bullish momentum was short-lived, and the asset has since dropped to $0.5796. Bitlord’s confidence in a continued bullish trend is likely fueled by this recent price spike, although he hasn’t pointed to any specific catalysts for his optimism.
In his statement, Bitlord stressed the importance of not underestimating XRP, warning that investors could make millions if they time the market correctly. “Don’t sleep; millions can be made timing this move,” he stated, encouraging market participants to keep a close eye on the asset’s movements.
XRP’s Previous Performance Supports Bitlord’s Claims
In his most recent comments, Bitlord recalled the significant gains XRP experienced following his previous prediction. His forecast in July led to XRP’s price soaring by nearly 50%, from $0.43 to $0.6366. This historical gain bolsters his confidence that XRP could experience another upward surge shortly.
Bitlord’s anticipation of a “parabolic explosion” within 24 hours is being closely monitored by crypto enthusiasts, though XRP’s current price movements remain steady. As the market watches, many are left wondering whether Bitlord’s bullish projection will materialize once again, sparking another major rally for XRP.