Home CryptocurrencyAnalysis Pundit says that the increase of XRP at $ 1,000 will happen long before expected

Pundit says that the increase of XRP at $ 1,000 will happen long before expected

by SuperiorInvest

XRP could currently be quoting around $ 2, but its path to double and four digits It can be faster than imagined. In particular, a new bold prognosis has shaken the XRP community, since cryptographic analyst Barric declared that the Token could explode $ 2 to $ 1,000 much faster than anyone expects. His comments have caused some optimism among investors, many of whom are already looking at a new historical maximum as the impulse develops after cryptocurrency Recent quarterly closure above $ 2.25.

The rise of XRP to $ 1,000 based on history

Leading to the social media platform X, an outstanding analyst Barric predicted that The XRP price will increase to $ 1,000 long before what most people anticipate. In particular, Barric’s prediction of a wave is based on the historical performance of cryptocurrency.

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In 2017, XRP quoted only $ 0.006 before launching a race of parabolic bulls that led it to $ 3.40 in early 2018. Investors at that time underestimated this movement, and only a few could reach the earliest. The Altcoin of $ 3.40 has been maintained by the Altcoin for more than seven years, but the situation could change very soon. The current price level of Altcoin, which is just above $ 2, is a mirror of that early accumulation phase.

According to Barric, today’s investors can be underestimating in a similar way how quickly XRP can move. “The people who bought XRP at $ 0.006 in 2017 did not expect to shoot at $ 3.80,” he wrote in X and suggested that Similar underestimation is happening today.

Community divided between hope and doubt

His statement: “XRP will do so Skyrock from $ 2 to $ 1,000 Long before what people anticipate, “they have encountered mixed reactions of emotion and skepticism on the social media platform. Some members of the community hurried to support Barric’s perspective, with A user who responds“XRP $ 1,400 is very realistic.” The statement was referring to its 63,000% increase in the 2017-2018 bull race emphasized by Barric. Another user commented that although XRP It will definitely reach that price level, it will not be very soon, and it will be “perhaps at some point from 2030 to 2040”.

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Others, however, urged caution, noting that XRP is It is no longer an helpless. Unlike 2017, XRP growth is now highly anticipated, what can cushion the surprise element that helped its recovery seven years ago. Another factor is the current state of Altcoin, along with the significant entries that could lead to a recovery of 63,000% from its current price level.

One of the commentators said that Back in 2018It was possible to invest only $ 6,000 and possess up to 1 million tokens XRP. Another member of the community He pointed out that although It is possible that XRP does not reach such an absurd target price, it will be exploited soon to about $ 10.

At the time of writing, XRP is quoted at $ 2.33, 2.6% more in the last 24 hours. Reaching the target price of $ 1,000 would translate into a 42,800% yield of current levels.

XRP negotiating at $ 2.35 in Figure 1D | Source: XRPUSDT at TrainingView.com

Getty Images’s prominent image, Record of TrainingView.com

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