XRP is currently consolidating around $1.46 after reaching levels not seen in over 15 months. The move follows months of decline, reflecting sharp price corrections seen in the broader crypto market.
Meanwhile, historical context and comparisons with outperforming assets allegedly strengthen expectations for a rebound. At the same time, new tokens may also attract the attention of investors who want to get involved in promising projects at an early stage. One of these projects is Minotaurus (MTAUR), a blockchain game project that has been quietly gaining momentum before its market launch, according to its team’s assertive statements.
XRP May Reach the $7 Psychological Level
Market analyst Rector thinks XRP could approach the $7 level based on a comparison with the historical price movements of silver. He argues that this target is not speculative but based on calculations.
On February 6, XRP fell to $1.11, its lowest level since 2024, and then recovered to $1.46. However, it is still well below its previous peak. Rector states that the token has corrected approximately 70%, reminiscent of past reset phases. Both XRP and silver exhibit double bottom patterns, deep pullbacks, and long consolidation periods.
Rector also points out September 2022; At the time, silver briefly dropped below $20 and then began a strong, multi-year rally. After falling to around $17, the metal rose rapidly and recently entered consolidation, rising above $100.
According to him, XRP currently shows a similar structure. A similar 600% rise from $1, which is seen as the bear market bottom, could take the token to around $7. This aligns with his target of $5 to $10.
Beyond the chart similarity, Rector sees the $7 level as psychologically important. He states that he expects selling pressure at this level, but if the momentum strengthens, double-digit prices may be possible in the long term.
Could Minotaurus Grow Early in the Gaming Industry?
Minotaurus, on the other hand, claims that, unlike XRP, it offers the opportunity to participate in the “next big opportunity” at an early stage. Token focuses on the blockchain gaming industry, combining digital assets with casual gaming experience. Data shows that this industry can reach a size of $ 29 billion in less than three years and allegedly have a significant impact on the Minotaur.
Since the project’s valuation is still low, even a modest increase in demand could have a disproportionate impact on the price, according to the team. Someone who stated that he bought MTAUR at 0.000040 USDT in December claims that his portfolio has increased more than 3 times and he has not sold yet. As the team stated in their statements, much higher levels may be possible from here, according to analysis.
Allegedly, an investment of 5,000 USDT at a price of 0.0001267 USDT will provide approximately 39 million tokens. If the project reaches valuations similar to early GameFi tokens like Axie Infinity, its team claims, the potential return could make investors happy. In this scenario, it is claimed that if XRP reaches $7, a higher return is predicted than if the investment of 5,000 USDT rises to approximately 24,000 USDT.
As a result, both XRP and MTAUR allegedly offer growth potential until 2031. For those concerned about security, the team claims that Minotaurus is audited by Coinsult, Certik and SolidProof. It is claimed that demand has also increased and more than 3 million USDT has already been collected.
You can visit the official website for more information.
