An Analyst has predicted that XRP could make an 8 to 10x surge in its next rally to hit $6.20.
According to the analyst, XRP always tends to relax at the initial stage of an overall market rally, then break out when the general market is calm.
XRP currently remains one of the most undervalued coins in the crypto market as its price has consistently remained under $1 for some time now. Since hitting an all-time high price of $3.5 in late 2017, XRP has failed to breach that resistance level even when top cryptos set new all-time high records in 2021. However, analysts think that the asset could be pardoned on the grounds that Ripple underwent a multiple-year legal showdown with the US Securities and Exchange Commission, forcing major exchanges to delist it.
Investors had higher hopes that XRP could stage a bounce back after it gained partial victory and became the second crypto behind Bitcoin to have regulatory clarity. Unfortunately, the bullish run only lasted for a short time as i
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