How High Will XRP Go? (My Personal Prediction)
My Price Prediction for XRP: Exploring the Unique Position of XRP in the Crypto Market
XRP, the digital asset associated with Ripple, holds a unique position in the blockchain crypto sphere. Unlike other cryptocurrencies, XRP has the potential for true utility. In this article, I will delve into my reasoning for my price prediction for XRP and provide a comprehensive analysis of the factors influencing its value.
The Challenges of Price Predictions in the Crypto Market
Price predictions in the crypto market, especially for XRP, can be a tricky endeavor. The speculative nature of cryptocurrencies makes it difficult to accurately forecast their future value. While various models and calculations have been proposed, including my own Jackson Backers model, these predictions are merely explorations of ideas rather than definitive forecasts.
Addressing the Big Question: What is My Price Prediction for XRP?
Many people assume that my price prediction for XRP is in the tens of thousands, but that is not the case. As content creators, our words are often taken out of context, leading to misconceptions. In this article, I aim to provide a straightforward answer to the question of my price prediction for XRP.
Speculation vs. Utility: Two Perspectives on Crypto
To understand price predictions for XRP, it is crucial to differentiate between speculation and utility. Speculation has dominated the crypto market since its inception, accounting for 100% of its activity. On the other hand, utility, which refers to the practical use of tokens, has yet to gain significant traction, representing 0% of the market.
The Uncertainty of Utility-Based Predictions
While utility-based predictions hold promise, the uncertainty surrounding the adoption and usage of XRP by institutions makes it challenging to accurately forecast its price. We cannot predict how many banks and institutions will hold XRP versus using it for transactions. Additionally, the impact of on-demand liquidity on the price remains unknown. These uncertainties make it difficult to formulate exit strategies based on utility predictions.
Speculation-Based Predictions: Using the Fibonacci Retracement Tool
Given the challenges of utility-based predictions, I believe it is more prudent to base price predictions on speculation. Crypto market cycles typically last around four years and are often correlated with new all-time highs in the stock market. By using the Fibonacci retracement tool, a biologically based indicator, we can gauge price movements based on human emotions such as greed and fear.
The Fibonacci Scale and Price Predictions for XRP
Applying the Fibonacci scale to the previous bull run and bear market, we can estimate that the price of XRP during the next bull run could range between $8 and $13. This prediction is based on historical patterns and the biological nature of human behavior in the crypto market.
Exit Strategies and Confidence Levels
When considering exit strategies, it is essential to assess your confidence in a speculation or utility environment. If you believe a speculation environment will prevail, it is wise to take profits based on the Fibonacci scale predictions. However, if you anticipate a utility-driven market, it may be prudent to hold onto your assets for long-term growth.
Frequently Asked Questions (FAQs)
Q: Can price predictions for XRP be based on utility?
A: While utility-based predictions hold promise, the uncertainties surrounding the adoption and usage of XRP by institutions make it challenging to accurately forecast its price based on utility alone.
Q: What is the Fibonacci retracement tool, and how does it help with price predictions?
A: The Fibonacci retracement tool is a biologically based indicator that uses historical patterns and human emotions to predict price movements. By applying this tool, we can estimate potential price ranges for XRP during the next bull run.
Q: How should I plan my exit strategy for XRP?
A: Your exit strategy should be based on your confidence in a speculation or utility environment. If you anticipate a speculation-driven market, consider taking profits based on the Fibonacci scale predictions. However, if you believe in a utility-driven market, it may be wise to hold onto your assets for long-term growth.
Q: What factors should I consider when making price predictions for XRP?
A: When making price predictions for XRP, it is crucial to consider the speculative nature of the crypto market, historical patterns, and the potential for utility adoption by institutions. Additionally, using indicators like the Fibonacci retracement tool can provide valuable insights into price movements.
Q: How can I join the 1% Mastermind and gain access to professional connections and investment opportunities?
A: To join the 1% Mastermind and gain access to a network of professionals, investment opportunities, and valuable content, visit our website and sign up for membership. The Mastermind aims to connect individuals with professionals who understand the assets they hold and provide unique investment opportunities for long-term growth.
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How high? 8 to 10 dollars?
All these youtubers are changing their tune including tees crypto spot. Because for years they threw around huhe numbers and nothing has happened. So here we are.
I predict a $10 xrp this year…
Most likely XRP will continue to sink, I'm sure of it and that's why I'm investing in Crypton.
Here we go again lol. . Price prediction crap again. . Keep feeding everyone hopium. .
If xrp did nothing at all after being the only crypto on the planet with clarity and the
sec dropped the case, XRP won’t move at all. . It has been abandoned by ripple. .
Ripple is now more concerned about their ipo not xrp. .
#XRP $13760 OVERNIGHT
You cannot replace BTC men.accept the Fact. BTC is the MOTHER of All Crypto. Cant you see the supply of bitcoin??? Compare to XRP???they just pay Influencer youtuber people to pump the token.becoz they got big stocks of xrp.even 1 pennies up every coin. Multiplied it in 100k or million coin they have.??? So how much money they got every pump.making small investor fools!!!
I'm a massive xrp guy but banks ain't going to give people thousands of dollars for there handful of xrp
Very logical analysis on cryptocurrencies. But it doesn't concern me, because I am confident in my earnings. And I earn in the Utopia p2p ecosystem.
Good to see how your perspective has matured over time 😊
I still think the whole thing with the SEC was a whole different agenda. Thing is the majority people across the world don't know what the SEC is or what ripple is or even understand crypto in general.
They have been putting it out there for people to see. I believe the whole reason for the SEC was to legitimise cryptos. By being examined by branches of government and even courts. Once its all said and done crypto will be proven to be legit and trustworthy by those in power.
So when the switch happens the majority of people across the world who are completely sleeping will kick off because their now forever poor. Then they will be told "Don't worry about the switch you are fine everything is going to be ok. Have you not seen the news on crypto for the last few years? Where have you been?" By then its to late for them.
Its called being hidden in plain sight. Most people today are sucked in by medias so easily. 2020 everyone frantic about c0v1d and l0ckd0wns not looking at anything else. Then its Ukraine and Russia. Now its Hamas and Israel. The sheep are sheep but we always need sheep to do the jobs the rich don't want. When the switch happens we will be sat on the right side of the fence as the rich people.
Changed your tune.
It’s the debt cycle that causes the stock market and crypto market cycles. The debt gets refinanced every 4 years since 2008/9 (bitcoins inception) as noted by Raoul Pal. Now the debt can’t be refinanced at these interest rates what’s gonna happen.
I think $10 is a very realistic price for XRP within the next few years
If u listen to MICKEY B FRESH latest u find out. He says ODL will not effect price.
So refreshing to hear level-headed thinking and humility regarding crypto valuation. Interesting ideas. Thank you!
You have an exit strategy? I thought you said you will never sell?
Well, unlike you said you were going to get right to your price prediction- you meandered all over the paddock and dragged it out … downer . You are better than that Lewis.
I'd say around 20$, but this is just hunch that I have.
Your prediction is surely more probable to happen though
Eight to thirteen dollars When ? This year?😮😮😮😮
If people start selling their bitcoin just to get in XRP just think how high the price can Go.
NOV 1 final escrow balance release
lawsuit settlement paid for
the time is now
#xrparmy
Its that lottery ticket there holding..
Crypton is now the most promising altcoin with huge potential
Bro I don't mean this as a joke when I saw your video I could clearly see twice in the video of a dark shadow moving in the corridor behind you watch the video again slowly stay safe bro
Just forget about and come back in 2035. It will be worth a lot more than today.
Lewis i was a big critic of yours but i have to say you have really matured in the last year,keep up the good work bro!!!
Hmm i dont XRP will go pass $8 dollars uts all hype, theres better projects and with better potential
The difference is that XRP is not only a moon shot but to make this even better because XRP is not man made as in
Hu- man created.
XRP is Gods creation which means unless you can speak to God and you can if you seek him then he will tell you what only he can tell you and he will tell you XRP will go to $ 1 Million dollars
The way he intends and he is the
Master Chess Player in all the Universe.
How many people have $70,000 dollars laying around ?
Have you ever heard of
A Tredecillion ?
How about NESARA ?
If you only understood the true meaning of Biblical then everyone would hold their bags , period.
5,000 XRP will be Biblical beyond anything you have ever heard.
If xrp was going to over 1000 dollars! Then all the millionaires would of bought all the tokens up. Think people!
NOEMOTION
That is just an opinion based in the same facts that happened before on a full fiat economy, and another is just a conservative prediction which it sounds reasonable but the time expected is too long I believed that all of these can happen but in a shorter period of time with the new Financial System .
The only way to tell if the crypto will be huge like bitcoin is to see how useless it is and does it make u laugh. If it meets those 2 criteria youve got the next bitcoin.
$5-10 2025
All cryptos disappear after the Global Currency Reset. The Forex will also disappear, as 23 currencies will have the same value, and the new USN will come out with the real QFS, which is equipped with gold certificates.
ISO 20022, XRP/XLM – Stellar is all CBDC BS, and not coming anymore. It all belonged to the WEF and BlackRock and they are scams! They have nothing to do with the QFS!
Don`t ever predict XRP to many crooks, to many rug pulls.
I'm still watching the video so you may get into this but there are billions of dollars worth of currencies held in central banks around the world that underpin the swift payments system. My understanding and hope is that if those varied currencies called "correspondent banking reserves" are replaced with XRP, then that will be what makes XRP so valuable in the future.
Not the P word, actually 2 that I hate. Why say “price” to describe a currency if you take it seriously. I don’t look at XRP as just a pump and dump like bitcoin. I think the exchange rate will be consistent with the cbdcs and how they match up. Hopefully there will be a cbdc built on XRP.
Great video, the first time every seeing you
$589
a very logical presentation and entirely plausable
Your prediction is irrelevant.
How many times can David Schwartz say XRP is designed to be a $10,000 coin?