According to analysts, Ripple’s cross -border token XRP Coin recently appeared from a technical model that lasted for years, showing that another rally was in the corner. Popular crypto analyst Ali Martinez set a very crazy price tag of $ 15, which would require a mind -boggling fluctuation.

Ali Martinez: XRP Coin can reach $ 15!

As you have followed from Kriptokoin.com, the XRP has been one of the largest crypto currencies for about ten years. In fact, regardless of the existing developments, it attracted the attention of an important community that continued to rise on the token. Although the XRP Coin fought for years after the 2017/2018 cycle, the analysts continued to make bold predictions. Some of the investors were awarded after the US Presidential Elections, where XRP jumped to $ 3.4, which is under $ 0.6, for $ 2018.

However, the XRP could not continue this acceleration, and the subsequent market -diameter collapse pushed it south. As of now, Token is trading around $ 2.38. Meanwhile, Ripple’s token can soon be categorized as an commodity in the USA. Therefore, positive estimates continue. The latest person who emphasized a remarkable goal for XRP Coin was Ali Martinez, an experienced analyst. In this context, the analyst made the following statement:

Since January 2018, the XRP seems to be a symmetrical triangular formation, which points to a potential rise in which each low height of the XRP is a decreasing trend line on top and every high low -level trend line. Now that the XRP is out of the triangle, it has a chance to continue to rise to reach the target of $ 15.

Does the $ 15 target for XRP make sense?

It is not that easy to reach the existing price tag mentioned above. The token needs to increase by about 530 %to reach this line. This sounds a bit strange, given the recent market conditions. Moreover, this move will bring the market value closer to $ 900 billion, which will be much higher than ETH and will be close to BTC.

Although it may seem difficult to reach the target of $ 15, it should not be forgotten that the XRP jumped by 470 %within a few months after the elections. Moreover, Ripple etc. In the SEC case, a potentially positive solution and an approved XRP ETF can once again increase the presence to the north. We will wait and see if XRP can reach this price tag.