
Ripple Community Shares Ambitious Price Forecasts as XRP Hits Weekly Heights
The Ripple community makes bold predictions following a significant surge in XRP's price, nearing $1.50 again.
The Ripple community has taken to X with renewed enthusiasm following a notable rise in XRP’s value, which increased by more than 7% within the past day, approaching the $1.50 mark for the first time in a week. This surge has bolstered optimism within the XRP Army, which is sharing some extremely ambitious predictions despite the token still being significantly below its peak of $3.65 last July.
Double Digits for XRP?
In recent market movements, BTC surpassed $70,000, and ETH reclaimed the $2,100 resistance level. XRP’s recent performance has solidified its status as the fourth-largest cryptocurrency, climbing 7.5% to $1.48.
Members of the Ripple community have begun speculating about XRP’s future price, with Cobb suggesting the current downturn appears artificially constructed. He mentioned that it might shortly result in what could be termed one of the greatest ‘fakeout’ occurrences, potentially propelling the price to $10 unexpectedly.
In addition to Cobb’s comments, he responded to John Squire’s prediction of $10,000, noting that the actual target for avid XRP supporters is more realistically set at between $10 and $30. ChartNerd concurred with this sentiment, projecting a price hike up to $27 based on Fibonacci analysis.
“real XRP trenchers are looking for $10-$30”
— Cobb (@Cobb_XRPL)
XRP to Bridge Global Finance?
Highlighting the ambitious role XRP may play in the financial sector, Squire stated that he believes XRP could become the essential bridge currency for global finance, indicating banks would favor XRP over Bitcoin due to its speed and compliance capabilities.
“XRP will become the bridge asset for global finance. Banks won’t choose Bitcoin. They will choose speed, liquidity and compliance.”
— John Squire | Global Finance & Crypto (@TheCryptoSquire)
Despite the current positive trend for XRP, reaching even the conservative estimates poses significant challenges, with necessary gains of approximately 580% for $10 and around 1,950% for $30.
