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The <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-headed-for-27/">XRP price continues to disappoint investors</a> who expect that it would’ve crossed $1 by now since Ripple’s battle with the United States Securities and Exchange Commission (SEC) is nearing its end. However, this has not discouraged investors and traders who believe that there are big things in store for the altcoin. Crypto Analyst Predicts XRP Will Reach $6 
Pseudonymous crypto analyst Mikybull has been bullish on the XRP price for a long time, taking to X (formerly Twitter) to, once again, reiterate their stance that the altcoin is going to do well. At the start of March, Mikybull had put forward an analysis that showed that the XRP price is primed for an over 800% run. 
At the time, the crypto analyst pointed out that <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-prediction-bulls-aim-0-70/">XRP had broken out of a symmetrical triangle</a>, which is bullish for the price. A similar breakout had taken place back in 2017 which led to an over 1,000% increase in the price, and Mikybull references in the analysis. However, like the rest of the crypto market, <a href="https://www.newsbtc.com/analysis/xrp/why-xrp-price-rise-1700-to-10/">XRP</a> ended up dipping as the Bitcoin price crashed from $73,000 to $61,000. But now that the market is starting to recover, the crypto analyst believes that the altcoin is primed for a big move. 
Over the course of March, Mikybull has consistently talked about this prediction, especially as the price retested various resistance points. Then, on Monday, March 25, the crypto analyst shared another chart showing that the XRP price has completed its retest and is ready to move upward. 
<blockquote class="twitter-tweet"> 
 <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="nofollow">$XRP</a> 
 It has concluded its retest and it’s now preparing for an explosive upward move<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3af.png" alt="🎯" class="wp-smiley" style="height: 1em; max-height: 1em;">Targets: $1-$6 <a href="https://t.co/3Vsr67s32z" rel="nofollow">https://t.co/3Vsr67s32z</a> <a href="https://t.co/Dbdu2kVhpa" rel="nofollow">pic.twitter.com/Dbdu2kVhpa</a> 
 — Mikybull <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;">Crypto (@MikybullCrypto) <a href="https://twitter.com/MikybullCrypto/status/1772171365858127989?ref_src=twsrc%5Etfw" rel="nofollow">March 25, 2024</a>
</blockquote> 
Mikybull shared that the targets for this move lie between $1 and $6, with the upper end of this target being an 833% move from its current price. 
<h2 class="p2" id="when-will-the-xrp-price-hit-this-target">When Will The XRP Price Hit This Target?</h2> 
While Mikybull does not present a particular timeframe in their analysis, the charts shared provide some insight into when they expect this move to occur for <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-prediction-bulls-aim-0-70/">XRP</a>. Just like in 2017, the crypto analyst expects the rally to take place in the same year as the breakout from the symmetrical triangle, which means it could happen this year. 
The breakout could happen toward the middle of the year and this would mean that it would happen after the <a href="https://www.newsbtc.com/bitcoin-news/bitcoin-halving-result-supply-squeeze-glassnode/">Bitcoin halving</a> is completed. This is not surprising given that the Bitcoin halving is regarded as the ultimate bull signal and altcoins rally once <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-crashed-65000/">Bitcoin’s price</a> picks up. 
Presently, the <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-headed-for-27/">XRP</a> price is showing a lot of strength after rallying 11.73% in the last week. It is currently trading at $0.648 at the time of writing, with a market cap of $35.5 billion, which makes its the 6th-largest cryptocurrency by market cap. 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/KTXEXW74/" alt="XRP price chart from Tradingview.com" width="3286" height="1530">

Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here’s When

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