Fresh momentum has surrounded XRP after a well-followed crypto enthusiast, XRP DRAGON, shared a chart predicting a sharp rise to $6 before June concludes. The forecast was attributed to an expert’s analysis, which points to heightened volatility and a bullish setup driving XRP’s near-term potential.
According to XRP DRAGON’s tweet, the analyst believes XRP could register a strong upward breakout within the coming days. The shared image displays a steep rally from below $3 to over $9, with a highlighted price of $2.17638 and a timeframe noted as “8d 9h,” suggesting the move to $6 may occur before the month ends.
The chart, although lacking clear time markers and source information, depicts aggressive price acceleration. Huge candlestick bars indicate the speed of profits, which can be due to momentum-driven markets or price models associated with speculation. This estimate has elicited stiff responses in the crypto world.
Source: XRP DRAGON
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Responses to the post reveal a split in sentiment, as a user named Ttmoto expressed skepticism, stating that a meaningful price movement may not occur until the SEC concludes its lawsuit against Ripple.
They added that a sustained rally in XRP would likely require a combination of macroeconomic changes and the potential approval of an ETF.
Another user, Juanky, reproached the corrected forecast and mentioned that initial forecasts promised even higher figures in the rise. The remark criticized the existing forecast, considering that a six-dollar target is a somewhat anticipated trimming of what had been predicted previously.
Community Buzz Grows Around Analyst’s Forecast
The tweet has drawn increased attention due to its bold nature and the sharp visuals presented in the chart. Although speculative in tone, the image suggested a significant price surge could happen in a short time, reinforcing optimism among some XRP supporters.
Regardless of the lawsuits against Ripple, such forecasts are still developing. In recent weeks, the price action of XRP has stayed mostly consolidative, with confident analysts still suggesting that a breakout is likely to take place should any favorable ruling or macroeconomic adjustment take place.
The ongoing SEC case has created uncertainty for institutional investors and delayed broader market integration for XRP. However, posts by XRP DRAGON continue to spark speculation, with short-term targets like $6 remaining central to the discussion.
With just days left in June, the prediction of XRP reaching $6 remains speculative but continues to attract attention. While expert analysis points to a potential rally, regulatory and market conditions will play a key role in determining XRP’s next direction.
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