XRP price prediction mid-year: How high can the price go?

The cryptocurrency market is rising higher today. Bitcoin is up 3% in the last 24 hours, trading at $108,000. XRP has also seen growth, increasing 3% to $2.25 after a bullish increase of 7% yesterday. Here is an analysis of what analysts predict for the next XRP price. The bullish target for XRP Analyst Javon Marks stated that XRP is holding steady after a clear breakout and may be preparing for a bullish run. His targets are set at $4.80 and $8.00. Trader CW pointed out that XRP is facing a large sell wall, and if it breaks through, the next target is $2.60. Meanwhile, trading activity and on-chain activity are also increasing. Analyst Ali Martinez reported 1.12 million active XRP addresses last week, indicating strong network activity. XRP witnessed a significant increase in whale activity According to Santiment, over the past week, an average of 295,000 active XRP addresses per day, which is much higher than the usual level of 35,000 to 40,000. For the first time, more than 2,700 whale and shark wallets hold at least 1 million XRP, indicating increasing confidence among major players. XRP has finally shown signs of recovery after breaking through key resistance levels. It is also holding above important moving averages. Can the price of XRP increase in a parabolic manner? Crypto analyst Egrag has rebutted the claim that the cycle peak of XRP is $3.40. He believes that the actual peak is much higher and XRP could still soar to a range of $10 to $27. Any significant correction is likely to occur after XRP reaches higher levels. XRP seems to be on a solid recovery, but the breakout has not yet been confirmed. If it surpasses both the descending trend line and the major horizontal resistance level, it could rise to an all-time high of $3.40. XRP has fluctuated between $2 and $2.65 for several days, clearly showing buying pressure near $2 and selling pressure around $2.65. If buyers can keep XRP above the moving average, then the likelihood of the price dropping to $2.65 is high. However, if XRP falls below $2, the trend may shift to bearish and pull the price down to $1.61.