TL:DR;

The third-largest cryptocurrency has been trading within this high range for the first time in its history, which some analysts believe is an indicator of a future price rally. As usual, many industry commentators continue to be bullish on the asset, outlining predictions of up to $14.

XRP to Break Out Soon?

XRP went on a roll after the US elections as its price skyrocketed from under $0.6 in early November to just shy of its 2018 all-time high (according to CoinGecko) of $3.4 in mid-January. It surpassed numerous alternative coins in the process, becoming the third-largest digital asset with a market cap of $180 billion at press time as its price has retraced slightly to $3.13.

Whats particularly compelling about its price movements is the fact that it has remained predominantly above $2 ever since it broke above that level on December 1. Popular XRP commentator JackTheRippler outlined this milestone, indicating that the asset has never been so long in the $2-$3 range in its entire history. As such, they predicted an upcoming major breakout should this consolidation end soon.

The price of #XRP has never been so long in the $2-$3 range in its entire history!

XRP is currently preparing for a major breakout. pic.twitter.com/e5NAOPJl25

Fellow analyst Altcoin Sherpa also weighed in on the recent price actions, saying that dino coin price action such as XRP and LTC is a sight to behold. On the other hand, Alexander Lorenzo told his 30K X followers that he is about to go all in on XRP.

$4.5 or $14?

The XRP Army has long been known for highly bullish comments and beliefs even when the assets price seemed stuck for years below $1 after the 2017/2018 bull market, especially following the SECs lawsuit against the company behind the cross-border token.

STEPH IS CRYPTO, a digital asset commentator with over 40,000 followers, provided two such optimistic price predictions for XRP. His short-term target would require the asset to break its 2018 ATH of $3.4 and jump to $4.5. The mid-term goal is even more spectacular $14 per XRP. Should such a massive target be reached, XRPs market cap will skyrocket to $810 billion, which would be twice as big as ETHs now.

Multiple ACTIVE price targets for #XRP in the short and mid term

Short term target: $4,50

Mid term target: $14 pic.twitter.com/LZovfwHQQl