According to the analyst, XRP can reach $ 25 to $ 30 in the long run

• Credible Crypto expects XRP gains of 1000% and a target price of $ 25 to $ 30 in the next bullish cycle.
• The analyst predicts a drop in the cryptocurrency market from 20% to 30%, but with less impact for Bitcoin and XRP.

The digital asset XRP has taken the cryptocurrency market by storm. With an impressive 37.40% rise in the past 24 hours, XRP hit an annual high of $ 0.46. In the monthly and weekly charts, the digital asset records gains of 76.71% and 67.28% respectively. Therefore, XRP is the main winner of the last 30 days, followed by Litecoin (61.27%), Bitcoin (45.29%), LINK (40.43%) and Ethereum (38.29%).

1000% profit for XRP

According to analyst Credible Crypto, the correction that the price of XRP has undergone is “perfectly healthy”. Therefore, he called on digital asset holders to look into other indicators. Via its Twitter account, Credible Crypto stated the following and shared the image below:

(Relative Strength Index) The RSI tells a story, pay attention. Selling $ XRP is now like selling $ BTC when it was at $ 197, before it hit 20k.

Source: https://twitter.com/CredibleCrypto/status/1328635623414984704/photo/2

The analyst has set a target price for XRP between $ 25 and $ 30. However, he expects it to be satisfied in the long run as the market advances on its upward cycle. Before that happens, the analyst predicted a market decline of up to 30%. In this sense, he said:

You have the right idea for the pullback region. Many alt’s will dump, but XRP / BTC is supported, so it may not be affected as badly as other alt’s.

A drop in major cryptocurrencies by that percentage could be a perfect investment opportunity for new investors. The analyst declared the start of the “XRP season” and stated the following:

The $ XRP limit is entered. If we somehow get a new test of the .30 low region, you get it. Little chance of ever seeing the sub .30 again (except maybe a cheeky wick if you’re lucky). Congratulations #xrparmy, now it’s our turn.

Source: https://twitter.com/CredibleCrypto/status/1330308703174729728/photo/2

In the XRP community, investors are optimistic. Most welcomed XRP’s predictions and some took advantage of it to get a percentage of the profits. A user commented as follows:

I love how you found the light, my friend. Respect how you have always questioned and searched for answers despite hatred and in this way you found #xrp. Love and respect. Keep fighting the good fight.