Davinci Jeremie, a Bitcoin stalwart for over a decade, has dropped a bombshell that could draw the needed attention to the digital asset designed for cross-border payments XRP.
In a new YouTube video, Jeremie revealed that he is contemplating a drastic portfolio shift from Bitcoin to XRP.
Jeremie’s new love for XRP stems from his technical analysis, revealing a chart brimming with bullish signs. Gradual upward patterns hint at a brewing storm, a manipulative pump as he calls it, poised to propel XRP towards a critical trendline and beyond.
Read Also: Garlinghouse Says If He Understands XRP Price Dynamics, He Could Resign As Ripple CEO
Jeremie noted, “The news and the charts indicate Ripple [XRP] is about to explode. I think I might dump BTC for XRP.”
This surge, in Jeremie’s vision, could see XRP rapidly skyrocket to $1.33, comfortably settling above the $1 mark for an extended victory lap.
However, Jeremie doesn’t shy away from the elephant in the room. The potential for market manipulation is massive for XRP. Jeremie suggests XRP whales might have a direct line to the Fed’s pump switch, highlighting the distinct nature of XRP’s rapid price swings compared to Bitcoin’s more measured movements.
This performance raises eyebrows and ignites a crucial question about the driving force of this potential surge. Will the surge be fueled by genuine market forces or a coordinated price puppet show? XRP selloff concerns have also been a major point of contention for the XRP community for a long time.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Could XRP Be on the Way Up?
Another renowned Bitcoin analyst, Muro shares Jeremie’s belief and has entered a long position on the token. His technical analysis echoes Jeremie’s bullish expectations, and this confluence of expert opinions adds fuel to the fire, leaving observers wondering if XRP is indeed on the cusp of a historic price boom.
Whether the trajectory that follows for XRP is a genuine market correction or a product of manipulation, XRP’s price action in the coming days and weeks will be monitored carefully.
Read Also: Following This Prediction, Wall Street Veteran Anticipates XRP Price Reaction After Ripple Swell
This potential turning point in the cryptocurrency landscape hinges on the crucial question of whether the surge can hold, or if it will lose momentum.
Further adding credence to this bullish expectation, an analyst recently reaffirmed his price for XRP’s path to $5.85. The analyst reiterated his prediction to dispel fear, uncertainty, and doubt (FUD), and reignite investor’s confidence.
Meanwhile, an expert recently shared the reasons why XRP has been underperforming since 2017, stating that the digital asset is poised for a breakout in the next bull run.
Follow us on Twitter, Facebook, Telegram, and Google News
