Forget $1—Expert Says XRP’s True Value Could Be $10,000 And It’s ‘Not Crazy’
A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset. Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is “not a crazy” prediction but a conservative one. Related Reading: Solana Faces Double Trouble: 55% Network Drop And Price Woes Realistic Price Several crypto analysts argued that a valuation forecast of $10,000 is feasible which they believe could be fueled by institutional adoption and its....
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A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If Ripple Takes On 14% Of SWIFT Market expert Crypto Eri has emphasized, through detailed mathematical calculations, the impact Ripple, capturing 14% of SWIFT’s total annual cross-border volume, could have on XRP’s supply and daily....
A crypto expert has claimed that XRP’s survival over the years was not because of Ripple Labs’ efforts but due to the loyalty of its community. The remarks highlight the role of the XRP army, a group of long-term holders and dedicated supporters who, despite frustrations, have played a decisive part in keeping the token […]
XRP’s on-chain metrics are reportedly painting a foreboding picture for its price outlook, as data shows a steep 80% decline in new wallet creation over the past five months. This drop in network activity has sparked divided opinions between two expert analysts, with one casting doubts on XRP’s ability to reclaim the $3 mark, and the other rejecting such bearish predictions. XRP Price Surge To $3 Stalled In a recent X (formerly Twitter) post, crypto analyst the ‘Coin Bureau’ highlights that XRP’s momentum appears to be fading fast as new on-chain data from Glassnode reveals a staggering....
The official dismissal of the US Securities and Exchange Commission’s (SEC) claims against Ripple’s CEO Brad Garlinghouse and its co-founder Chris Larsen has reinvigorated predictions about the XRP price future trajectory. With the year coming to a close, some financial experts are already looking to 2024 and have made their expectations known as to the XRP price in 2024. XRP Price Could Go Above $1 Some financial specialists have given their thoughts on XRP’s price and factors that could ultimately affect the token’s trajectory. One of these experts happens to be Gillian Dewar, the....
After months of sideways movement, XRP may finally be gearing up for a significant breakout. According to analysts, the popular altcoin saw a dramatic 700% surge earlier last year. Now, its price is positioned to exit a seven-month consolidation phase, which could set it up for its next bullish move. XRP Gets Ready For Major Bullish Move A recently published technical chart by market expert ‘Crypto Michael’ on X (formerly Twitter) reveals that XRP has been consolidating for seven months following a staggering 700% price rally, which was triggered by a breakout from a multi-year....