Well done

Analysts have predicted a potential rise for XRP to $0.70 amid the long consolidation phase
XRP
$0.4948
-5.90%
According to CryptoPotato, XRP, Ripple's token, has been trading at around $0.52 recently. However, some analysts are predicting a potential rise to $0.70 this summer as the token is supposed to be nearing the end of its long consolidation phase. However, others expect a possible drop to $0.27. Ripple's XRP is one of the few leading cryptocurrencies that has not seen a significant price increase in the past few weeks. It has consolidated around the $0.5 mark, while its market capitalization is struggling to cross the $30 billion mark.
Some analysts believe that the asset is poised for significant gains in the near future. Creator DustyBC Crypto pointed to XRP advancing on a yearly scale, suggesting that a rally towards $0.70 could happen sometime this summer. Another analyst, Blockchainedbb, claimed that the token has been in consolidation mode for over 700 days, assuming that the end of that phase may be around the corner. However, not all analysts share this optimism. Jason A. Williams predicted that the price of XRP could fall to $0.27 during the next bull cycle.
Analysts JAVON MARKS and EGRAG CRYPTO also speculated on XRP's future path. Marks claimed that the token had been holding a certain resistance area for several months,