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Altcoins & DeFi

Analyst Sidney M Brewer sets $254 target for XRP, sparking community debate

Image: CoinTurk News

Crypto analyst Sidney M Brewer has projected that XRP could eventually climb to $254, a target that would represent unprecedented gains compared to current levels. The forecast was shared in a recent post on X, where Brewer cited historical price data and technical analysis as the foundation for this outlook. Brewer’s long-term chart projection references the weekly XRP/USD chart on Bitstamp. He draws parallels between XRP’s explosive rally from 2017 to 2018, when the token surged approximately 54,636% to reach a peak of $3.14676, and the potential for a similar move from its more recent trading range. Using this yardstick, Brewer outlines a scenario where XRP could increase another 54,543%, placing the projected target near $254.18.

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