New Era

Victory

Bank AI

Read

<ul>
 <li>XRP analyst forecasts surge, predicts $2 (March), $6 (April), $39 (May).</li>
 <li>While most show excitement some are skeptical of the timeline.</li>
 <li>Ripple reveals Metaco and HSBC partnerships which strengthen XRP’s outlook.</li>
</ul>
<p>In a bold prediction, an <a href="https://cryptonewsland.com/xrps-bullish-forecast-predicted-surge-to-5-98-marks-a-new-era-for-ripple/" target="_blank" rel="noopener noreferrer nofollow">XRP analyst</a> suggests that history is repeating itself for the digital asset, following a structure resembling patterns from seven years ago. According to the forecast, XRP is anticipated to hit $2 in March, surge to $6 in April, and reach an astonishing $39 by May.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> is following the same structure as 7 years ago. Next moves: $2 in March, $6 in April and $39 in May. <a href="https://t.co/6qna5hKhWe" rel="noopener noreferrer nofollow">pic.twitter.com/6qna5hKhWe</a></p>— CryptoBull (@CryptoBull2020) <a href="https://twitter.com/CryptoBull2020/status/1759319453320315247?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 18, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>However, responses to this forecast are mixed, with some expressing skepticism and advising holders to consider taking profits early. Contrary opinions suggest that while a significant increase is likely, the monumental target may only materialize after a few more years.</p>
<p>The potential for a substantial price surge is fueled by Ripple’s continuous efforts in establishing cross-border payments through various high-profile partnerships. The recent acquisition of <a href="https://www.metaco.com/" target="_blank" rel="noopener noreferrer nofollow">Metaco</a> and collaboration with <a href="https://www.us.hsbc.com/" target="_blank" rel="noopener noreferrer nofollow">HSBC</a> has added momentum to XRP’s trajectory.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ripple</a>'s acquisition of <a href="https://twitter.com/hashtag/Metaco?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Metaco</a> aims to dominate trillion-dollar markets:<br><br>1⃣ <a href="https://twitter.com/hashtag/Tokenization?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tokenization</a><br>2⃣ Payments and Liquidity Integration <br>3⃣ Digital Custody for assets like <a href="https://twitter.com/hashtag/Gold?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Gold</a> <br>4⃣ Digital asset insurance <br>5⃣ Tokenized Securities<br><br>With trillion-dollar bank <a href="https://twitter.com/hashtag/HSBC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#HSBC</a> overseeing KYC,… <a href="https://t.co/KEuj7Q7O1C" rel="noopener noreferrer nofollow">pic.twitter.com/KEuj7Q7O1C</a></p>— Marcel Knobloch aka Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1759121170610155990?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 18, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Ripple’s acquisition of Metaco is strategically designed to dominate trillion-dollar markets, focusing on tokenization, payments and liquidity integration, digital custody for assets like gold, digital asset insurance, and tokenized securities.</p>
<p>With HSBC overseeing KYC processes, Metaco ensures 100% legal compliance, providing a robust foundation for Ripple’s ambitions. XRP holders, who have endured a prolonged wait for a <a href="https://cryptonewsland.com/xrp-breaks-major-resistance-bullish-rally-on-the-horizon/" target="_blank" rel="noopener noreferrer nofollow">significant surge</a>, are now questioning whether this is the moment they’ve been anticipating.</p>
<p>However, the XRPArmy is still wary over possible regulatory surprises despite XRP being in the clear. Holders are awaiting to see if regulatory obstacles will continue to impede the awaited price rally, or if XRP is on the brink of a transformative ascent. Only time will reveal the outcome of this speculative scenario.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/ripples-metaco-shines-double-victory-at-leaders-in-custody-awards-2023/" rel="noopener noreferrer nofollow">Ripple’s Metaco Shines: Double Victory at Leaders in Custody Awards 2023</a></li>
 <li><a href="https://cryptonewsland.com/ripples-250m-metaco-deal-ushering-a-new-era-in-crypto-custody-services/" rel="noopener noreferrer nofollow">Ripple’s $250M Metaco Deal: Ushering a New Era in Crypto Custody Services</a></li>
 <li><a href="https://cryptonewsland.com/hsbc-announces-tokenized-securities-custody-service-in-partnership-with-ripple/" rel="noopener noreferrer nofollow">HSBC Announces Tokenized Securities Custody Service in Partnership with Ripple</a></li>
 <li><a href="https://cryptonewsland.com/german-bank-with-390b-in-aum-to-offer-crypto-products-soon/" rel="noopener noreferrer nofollow">German Bank With $390B in AUM To Offer Crypto Products Soon</a></li>
 <li><a href="https://cryptonewsland.com/xrps-potential-soars-analyst-predicts-120-price-rally/" rel="noopener noreferrer nofollow">XRP’s Potential Soars: Analyst Predicts 120% Price Rally</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/xrp-analyst-predicts-soaring-xrp-prices-from-2-to-39-by-may/" rel="noopener noreferrer nofollow">XRP Analyst Predicts Soaring XRP Prices From $2 to $39 by May</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP Analyst Predicts Soaring XRP Prices From $2 to $39 by May

Crypto News Land

Άλλα άρθρα που δημοσιεύτηκαν στις 19 Φεβ 2024

Bitcoin Price Stagnates While Altcoins Show Promising Targets

Bitcoin Price Technical Analysis Points to More Gains in the Coming Weeks

SOL and DOGE Price Prediction for February 19

Sullivan & Cromwell (S&C) Targeted In Lawsuit For Alleged FTX Collusion

Coinbase Commerce Expands Strategy with Solana and Lightning Network Integration Plans

ArthSwap Plans ARSW Token Deflation with zkEVM Integration

Join our free newsletter for daily crypto updates!