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In their latest video which was released in the second week of November, crypto analysts Mikybull Crypto and CrediBULL Crypto forecasted that by the end of the month, the XRP price will go as high as $2. Such predictions have been made by Crypto analysts Mikybull Crypto and CrediBULL Crypto or the XRP price can touch $2 before the end of this month. CrediBULL Crypto said it will be highly dependent on the Bitcoin price to hit the $2 mark.
Crypto analyst Egrag opined that the rally to $2 will open the doors for double digits. Alt-coins place with Flutterwave As two crypto analysts, Mikybull Crypto and CrediBULL Crypto claim that the XRP price may cross $2 by the end of November. But even so, the CrediBULL Crypto discovered what could prevent XRP from achieving this given target.
XRP Price To Reach $2 By The End Of November
Recently on an X post, Mikybull Crypto pointed out that he saw the XRP price looking so good at this current level and he expected the crypto to hit $2 this week. CrediBULL Crypto also said that XRP may surge to $2 before this month is over but cautioned that this is based on the Bitcoin price trend. In an X post by a crypto analyst, he noted that BTC and XRP were at some critical value right now. He noted that if it is at a level where it could trace an elongated 5th wave for this rally and stay above $2 and more, it should be finding a bottom within that range here.
CrediBULL Crypto also pointed out that in the event of consolidating the Bitcoin price of 94,000, the XRP price is most likely to be above $ 1.10 and an extended 5th wave. But if the price goes below $1.10, the Bears can complete the first major wave 1 from $0.48 to $1.62. Since the Bitcoin price is down today, this XRP rally to $2 before the end of this month could be in jeopardy according to CrediBULL Crypto. The crypto analyst also made their point of emphasizing the fact that even if XRP has lost this rally, it might still enjoy it if Bitcoin can maintain this particular $94,000 point and be choppily around this specific range for a while.
The Rally To $2 Could Pave The Way To Double Digits
In a recent X post, a popular crypto analyst known as Egrag Crypto quoted ‘I think XRP has first broken and will continue to rally up and hit $2 then push on to the double digits.’ This came as he explained that the Fib channel 0.236 is right on target at $2. The crypto analyst further said that once this level is crossed by XRP supported by the right news and catalysts – then watch out for the real FOMO at $2. The price analysis was outlined in a recent post by Egrag Crypto, and according to him, getting to the Fib 0.5 level will take the XRP price into double digits. He said that over time the crypto has risen even higher than this Fib level touching at least 0.702.
Will XRP Reach the $2 Mark and Beyond?
With November coming to an end, XRP is still the focus of attention wherein experts expect volatility. Despite this reason, Mikybull Crypto and CrediBULL Crypto have optimistic sentiments following XRP to flurry up to $2; nonetheless, this rests more on the Bitcoin price models. Bitcoin’s role as a pivot character also plays out here because its outlook around such critical support or resistance levels will ultimately decide whether XRP gets to realize such a target or instead post a loss.
More expansion is revealed through Egrag Crypto, who opines that a cross over $2 could unlock possibilities to see XRP double figures. This view enhances historical price action, which substantially relies on significant Fibonacci levels used as essential reference points for price pop.
However, to get to $2, you want to face some obstacles on the way. If Bitcoin fails to hold crucial support, there is a possibility that the XRP rally might be stopped. However, even in such cases, XRP is ready for growth if the macroeconomic and market situation evolves in the right direction.
As a result, it demonstrates that predictions are a good indication that XRP has the potential to trade above $2 by November’s end, but must stay cautious of the movements of Bitcoin. A breakout at $2 can be the start of significantly higher prices for XRP and take it into ranges new for the asset.
