A research with an IQ of 236 laid out a bullish XRP price prediction that sees the token reaching a price of $1,000 within the next 10 years.
YoungHoon Kim, whose X account is followed by more than 388,000 users, outlined the kind of scenario that must play out for this prediction to happen.
He said that a large scale accumulation, a decline in the value of the dollar, and high inflation could boost the price of this altcoin.
Users on X argued that this would be almost impossible. The reason: Kim’s prediction would mean that XRP’s market capitalization would surpass that of gold. However, Kim emphasized that, if these pieces fall into place, “this scenario cannot be ruled out on a numerical basis”.
At the time of writing, XRP’s 2025 losses sit at 20% as bears are still in control of the market. It has been a tough year for cryptocurrencies as a whole. However, Ripple has kept making progress in growing its ecosystem.
XRP Price Prediction: This Is What Needs to Happen for XRP’s Bear Market to Be Over
The token’s daily price chart shows that a falling wedge has formed since October as XRP. Since then, it progressively declined from $3 to its current level.
This is typically a bullish price pattern, but it has not yet been confirmed. The price has entered a key area of liquidity from which it bounced in April and during the October 10 flash crash.
To fully reverse its downtrend, XRP needs to climb above the $2.2 level. This would break the token’s bearish price structure. This could set the stage for a strong recovery to $3 at least.
Although $1,000 seems impossible in the near term, the project’s long-term prospects are promising enough to justify a bullish price prediction despite the latest downturn.
Even though top altcoins have suffered significant losses this year, a promising crypto presale called Maxi Doge ($MAXI) has defied the market’s gravity as investors continue to pour millions into this meme coin.
Maxi Doge ($MAXI) Embraces Bull Market’s Natural Energy and Turn It Into a Meme Coin
By leveraging the popularity of the Doge meme, Maxi Doge ($MAXI) plans to rally traders together by launching a token with which ‘degens’ can easily identify.
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Moreover, they get exclusive access to an idea hub through which they can share their wildest and most potentially profitable YOLO trades with the community to build a collective trading “hive mind”.
As the token’s popularity increases among retail traders, the price of $MAXI could explode.
To buy $MAXI, simply head to the official Maxi Doge website and link up a compatible wallet like Best Wallet.
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The post XRP Price Prediction: Korean Researcher Says $1,000 XRP Is Possible – Could XRP Really Go Parabolic? appeared first on Cryptonews.
