Crypto Bitlord (@crypto_bitlord7), a well-known cryptocurrency analyst and commentator on X, recently expressed optimism about XRP’s price movement. In a post , he stated, “XRP is quietly loading up for the next push to $7.20. Many non-believers have been shaken out. We hold. And we will rise together.”
His statement reflects the confidence of many long-term investors despite the market’s volatility. Many prominent figures have reiterated the importance of holding XRP, as they expect its price to shake out many weak retail investors, before reaching its true potential.
$XRP is quietly loading up for the next push to $7.20
Many non believers have been shaken out.
We hold. And we will rise together 🚀🚀🚀
— Crypto Bitlord (@crypto_bitlord7) February 22, 2025
The digital asset’s rise over the past few months has made it more difficult to become a top holder, and it will only get worse as its price increases.
XRP Army Weighs In
Following this post, the XRP community responded with mixed reactions. Some traders agreed with Crypto Bitlord’s projection, while others questioned the rationale behind the specific $7.20 target.
One user supported the sentiment, replying , “Yes my man, soon.” Others shared similar enthusiasm, with one commenter stating , “In $XRP we believe” and another writing , “Be patient and watch it rise.”
Other users proposed alternative price levels. one said , “Make it $10,” while another suggested it could reach $25, $50, and eventually $150. More extreme projections also surfaced, with one commenter writing , “$XRP to $589,” reflecting the high expectations among investors.
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Despite the optimism, some community members challenged the prediction. One user questioned the $7.20 target, calling Crypto Bitlord out for not explaining the reasoning behind the target.
Notably, other analysts have set targets around $8 for XRP, and as one commenter pointed out , the $7.20 target is most likely derived from key levels on the XRP chart, even though Crypto Bitlord did not share that chart.
Can XRP Reach This Target?
Various factors drive speculation about XRP’s price increase. Some investors believe regulatory clarity will be a key catalyst, as recent reports suggest that the U.S. Securities and Exchange Commission (SEC) will soon dismiss its lawsuit against Ripple.
The regulator has already agreed to dismiss the Coinbase lawsuit and is awaiting approval from its commissioners. This development, combined with the recent shift in the SEC’s approach to crypto regulation, has convinced many experts that the end of the Ripple lawsuit is around the corner. This dismissal could push XRP toward $7.2 and potentially beyond.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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