Top Banker Reveals Why XRP Price Will Rise 390,000% To $2,500
December 28 2023 - 9:00AM
NEWSBTC
Crypto analyst Egrag Crypto recently shared an interesting story of
his discussion with a top banker regarding the XRP price. The
discussion centered around XRP, with Egrag and the banker analyzing
how the altcoin could be worth $2,500 in the near future. XRP
Price To $2,500 Is A Possibility Talks about XRP hitting $2,500
arose when the banker challenged Egrag to explain how 40,000 XRP
could end up equalling $100 million. The banker was aware of
Egrag’s knowledge of technical analysis and, from the story, seemed
to have posed the question to see if Egrag believed XRP could
attain such heights of $2,500. Related Reading: Crypto Trading Firm
Expects Bitcoin To Crash To $36,000, Here’s Why The crypto analyst
took up the challenge and explained to the banker, using a chart
that he shared in his post, how XRP will hit $2,500. Egrag did
justice with his explanation as the banker had nodded in agreement.
The banker also went on to pinpoint how the financial cycles were
aligned for the token to achieve this price action. From the chart,
the XRP price hitting this price level could happen by 2029. That
is why the banker sees the altcoin as a long-term investment, as he
says that holding the altcoin till then could yield incredible
rewards. The crypto analyst provided insights into this banker’s
wealth of experience as he is said to boast connections across all
spheres in the banking and finance sector. The banker had
also alluded to how Ripple’s CTO, David Schwartz, had raised the
prospect of 40,000 ETH being equal to $100 million. Then, it might
have sounded implausible to many, but it has somehow materialized.
He sees the same thing happening with XRP, just that this time, it
could take longer, considering that ETH hit $2,500 in a shorter
period. Token price still showing strength Source:
XRPUSD on Tradingview.com Holders Need To Be More Patient
Egrag has continued to reiterate that patience is key if XRP
holders want to enjoy huge returns on their holdings. Going by this
recent prediction, the XRP price could make a 390,000% gain for
investors by 2029. However, it will require a lot of belief and
perseverance if these holders hope to partake in such a mammoth
gain. Related Reading: Solana Meme Coins: A Guide to Buying,
Trading, And Profiting From SOL Investments In the meantime, the
analyst is encouraging the community to accumulate as much XRP as
they can. He stated that the banker told him that the crypto token
could be the “ultimate savior” for liquidity when the tides slow
down. This is a possibility, especially considering that a crypto
founder had recently asserted that the crypto will surpass
Bitcoin. At the time of writing, the XRP price is trading at
around $0.64, up by over 3% in the last 24 hours, according to data
from CoinMarketCap. Featured image from CoinMarketCap, chart
from Tradingview.com
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