Expert says XRP Won’t Just Experience a Bull Run, But a Perpetual Growth Cycle

Renounced XRP enthusiast says XRP will soon enter an unending upward trajectory in price and called on the community to buy the dip.

XRP and other cryptocurrencies have been dumped considerably recently, putting bulls in jeopardy. Bitcoin’s 5% weekly correction has spilled into XRP, with the Ripple-affiliated token struggling to hold $0.55.

This price underperformance has seen renounced experts question the validity of the expected bull cycle post-Bitcoin-halving, with Peter Brandt persistently raising concerns in that regard. However, XRP proponents have remained bullish, insisting that the asset would soar exponentially in the coming months.

According to Edward Farina, a crypto enthusiast and head of social adoption at XRP Healthcare, the XRPL native token would see a perpetual cycle. For context, a perpetual cycle insinuates an unending upward trajectory for the XRP price.

Expert Predicts XRP Surge

In an interview at this year’s Istanbul Blockchain Week, Farina stated that XRP and the crypto market will experience a perpetual bull cycle regardless of the current market predicament. He noted that it could take some time, but the market would experience the greatest bull cycle in history.

In a follow-up tweet, Farina noted that XRP would not just experience a bull run but an unending price surge. According to him, XRP proponents would look back at the current price of XRP in the future and marvel at the valuation difference.

Notably, Farina didn’t place a time for this call. However, he hinted to the XRP community how to prepare for the underlying parabolic expansion.

Farina Says to DCA

The crypto expert urged the community to keep accumulating assets with real-world use cases in preparation for the price spike. This is in line with an expert’s advice on diversification rather than investing only in XRP. Farina pointed specifically to tokens that are down 20x from their all-time high. Notably, XRP is down over 86% from its ATH of $3.84 in January 2018.

Also, the expert suggested a slow and strategic fund deployment on assets to accrue them at a good entry point. He noted that this would position users to make huge gains during the price upsurge.

Farina’s call for an XRP price explosion correlates with other experts who have seen the asset hitting lofty heights. Per earlier reports, analysts see XRP trading at higher prices like $50 and $100 in months.

Also, an expert stated that XRP’s fair market value price is $4,813. He based his prediction on the six-year-old Athey and Mitchnick model, which compares XRP price based on its usage for cross-border transactions and as a store of value.

Meanwhile, XRP traded at $0.5277 at press time, remaining almost neutral in the past 24 hours. Per CoinMarketCap voting, the XRP community remains bullish, with 73% of over 2,260 voters seeing the asset recovering soon.