Hi Guys
XRP has been making a bull flag and is about to breakout, what is your opinion about next leg up price target. $5-$6 reasonable.@MagicPoopCannon on twitter making $17 price target.
from MAGIC - MAGIC
@MagicPoopCannon
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If that is a bull flag, and XRP does break out to new all time highs, the bull flag projection is actually around $17. I've talked about similar XRP price targets years ago, with significant objection from followers. Market cap/supply etc. I think those targets are valid.
The next move is $5 to $6 because XRP is a very good coin and very popular. But even if I don't believe in whatever predictions you see on Twitter, I still expect good predictions for XRP because XRP will definitely increase at some point. Currently, XRP is at $2.15, but if the market creates a good position and good news is made about XRP, then I believe that XRP can definitely be like $10 or even more. For those who have the ability to invest and take risks, I would say that you should buy XRP and hold it for the long term like Bitcoin, you will definitely get good profits.