Based

2024

<ul>
 <li>Pro Trader The Great Mattsby predicts XRP could surge by approximately 60,000% by 2028.</li>
 <li>The Great Mattsby relies on Gann Theory and Bollinger Bands for his bullish XRP analysis.</li>
</ul>
Based on technical analysis, the price of XRP is once again trending positively. The forecast this time comes from The Great Mattsby, a professional trader and chartist. In <a href="https://x.com/matthughes13/status/1811232764655706377" rel="noopener noreferrer nofollow">two interconnected tweets</a>, Mattsby sees a technical chance for the price of XRP to rise by nearly 60,000%, perhaps reaching $250 per coin by 2028.
<h2 id="strong-xrp-price-predictions-technical-and-non-technical-insights-strong">XRP Price Predictions: Technical and Non-Technical Insights</h2>
Unlike other traders who use indicators like RSI and MACD, Mattsby bases his analysis on mathematical calculations and Gann Theory.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A $250 <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> by 2028??
 So a ±60000% <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> does line up with the math of that green angle, which was also a very important support and resistance angle in the past (highlighted). Proof that its not impossible<a href="https://t.co/LDzEiKjz5Z" rel="noopener noreferrer nofollow">https://t.co/LDzEiKjz5Z</a> <a href="https://t.co/v0qHTg9MFv" rel="noopener noreferrer nofollow">pic.twitter.com/v0qHTg9MFv</a>
 — The Great Mattsby (@matthughes13) <a href="https://twitter.com/matthughes13/status/1811232764655706377?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
He noted that the potential is consistent with the math of a specific green angle, which has traditionally been a critical support and resistance angle. This historical relevance, as shown in his analysis, demonstrates that such a surge is not implausible.
Mattsby also uses the Bollinger Bands indicator to discover a similar pattern on the one-month chart that appeared right before XRP’s prior price jumps.
Despite these encouraging technical indicators, the lack of a higher high on the monthly chart, which only shows lower highs, may result in continued consolidation for <a style="color: #008000;" href="https://www.crypto-news-flash.com/xrp-bulls-eye-recovery-above-0-440/" rel="noopener noreferrer nofollow">XRP price</a>. This suggests that non-technical considerations, like the outcome of the Ripple-US Securities and Exchange Commission legal lawsuit and real-world adoption, must also be considered.
Previously, we reported Web3 Enabler, which <a style="color: #008000;" href="https://www.crypto-news-flash.com/web3-enabler-brings-xrp-payments-to-salesforce-platform/" rel="noopener noreferrer nofollow">integrates XRP payments into the Salesforce platform</a> via an open-source app. Furthermore, CNF highlighted that <a style="color: #008000;" href="https://www.crypto-news-flash.com/will-secs-internal-probe-impact-xrps-legal-battle-with-ripple/" rel="noopener noreferrer nofollow">Ripple could secure another victory</a> after the Inspector General discovered a conflict of interest with its opponent in the case.
Meanwhile, XRP is trading at $0.4456, up 1.92% over the last 24 hours on a trading volume of $894.46 million. This upward momentum, backed by technical insights and continuing events, indicates that XRP remains a focal point in the cryptocurrency market.
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Pro Trader Predicts XRP Price Surge: Could Hit $250 by 2028

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