An XRP proponent and the CEO of Alpha Lions Academy, Edo Farina, shared a bold prediction for XRP in a recent post on X (formerly Twitter). In his post, he emphasized XRP’s potential to skyrocket in value reaching unprecedented heights that could possibly move the coin into the first two spots in the market chart.
According to his bold forecast, the XRP price would gradually increase until it breaks its previous all-time high of $3.40, and move till it reaches the $10 mark. However, Farina noted that once this level is attained, there would be a steep decline that would halve the price, forcing it down to $5.
At this point, the crash would “liquidate the entire retail” market according to him, and trigger an exchange collapse as a result of limited funds to meet up with increasing demand. Farina added that once this phase passes, XRP will then experience a meteoric surge, skyrocketing by 100,000% to around $520 per coin. While this prediction seems overreaching, it highlights the unwavering confidence among XRP investors in the future trajectory of the asset.
Over the years, and amid a long-running legal clash between Ripple and the SEC, XRP has managed to grow a “cult-like” following of investors who believe in the asset no matter the movement pattern it exhibits. Meanwhile, at the time of writing, XRP traded at $0.51, indicating a 0.48% decline in the last 24 hours.
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Victor Swaezy
Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications such as Coinfomania and Crypto News Guru, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.