Bitlord, a well-known investor with over ten years of experience in the cryptocurrency realm, has announced that XRP is poised for a significant uptrend that could potentially yield substantial rewards for its holders.
Recently, XRP has struggled to maintain a consistent upward trajectory, even as the broader crypto market has turned bullish. While leading assets like Ethereum and Solana (SOL) have recorded gains exceeding 10% over the past week, XRP has only managed a modest increase of 3.53%. In the last 24 hours, XRP has even dipped by 1%, while its competitors have enjoyed gains of more than 3%. This indicates that XRP has yet to fully capitalize on the prevailing positive sentiment in the crypto space.
**“XRP is Ready” for a Major Upsurge**
Despite this current stagnation, seasoned trader Bitlord is optimistic that XRP is on the brink of a bull run. He stated, “I think XRP is ready,” and predicted a significant surge within the next 24 hours. “…Expecting a parabolic explosion vertically within 24hrs.”
Bitlord’s bullish assertion came on a Sunday evening, but as of the latest updates, XRP’s price movements have remained subdued. He warned crypto enthusiasts that the anticipated upward trend could result in millions for those who time their investments correctly, urging them not to “sleep” on this opportunity. “Don’t sleep; millions can be made timing this move.”
Over the weekend, XRP briefly climbed back to the $0.6 range, reaching a peak of $0.61, marking its highest price since last month. However, this upward momentum quickly faded, and XRP has since dropped to a low of $0.5796. This brief spike may have fueled Bitlord’s optimism for a sustained bullish trend, even though he did not elaborate on the specific reasons for his positive outlook.
**XRP Party Kicking Off Again**
In a subsequent post, Bitlord expressed frustration over the skepticism surrounding XRP in light of his bold prediction. This doubt arises from XRP’s price behavior throughout the year, where analysts have frequently anticipated a “bullish breakout” that has yet to come to fruition, leaving XRP with minimal price movements.
The asset’s underperformance compared to other cryptocurrencies during bullish phases has led many to question its potential for significant gains. However, Bitlord sought to reinforce his belief by recalling a previous occasion when he made a similar prediction for XRP, stating, “it moved a few billion.” This was back on July 11, when he confidently asserted that “something big” was imminent for XRP. He encouraged market participants to buy more XRP for “the love of God.” Following that prediction, XRP did see substantial growth, rising from around $0.43 to $0.6366 just six days later, achieving a remarkable 48% increase.
“Now I’d like to see that party start up again,” the seasoned investor concluded.
**Disclaimer:** This content is for informational purposes only and should not be interpreted as financial advice. The opinions expressed in this article reflect the author’s personal views and do not necessarily represent those of The Crypto Basic. Readers are urged to conduct thorough research before making any investment decisions, and The Crypto Basic is not liable for any financial losses incurred.
