Top crypto trader Bobby A has sparked a discussion with his recent post on X, revealing the biggest signal that XRP will hit $20 in the long run.
His analysis revolves around the behavior of institutional investors, market signals, and the influence of the current pro-crypto U.S. administration under President Donald Trump.
This projection has captured the attention of both seasoned investors and retail participants, as XRP hovers near the $2.00 mark after a bullish breakout.
Institutional Accumulation and Wall Street Dynamics
Bobby A’s post highlights the significant role of “smart money” in the ongoing market movement. According to him, the recent accumulation of XRP around $2.00 signals a strong possibility of substantial upside, with institutional investors targeting a 10x return on their positions. This reflects a broader trend in the financial markets where Wall Street asset managers often follow bullish patterns set by early adopters.
Bobby A noted two critical technical achievements for XRP. The first is its break out of a prolonged triangle pattern while the second is surpassing its April 2021 high, a psychologically and technically significant milestone.
The biggest signal that XRP will possibly hit $20 is that the smart money accumulating this bullish breakout near $2.00 will want to 10x their money.
Wall Street has been watching closely since XRP broke out of its triangle and, more importantly, above its April 2021 high.…
— Bobby A (@Bobby_1111888) January 9, 2025
These events have reportedly caught the attention of hedge funds and asset managers, who are now keen on participating in the growing momentum surrounding XRP.
Catalysts Supporting XRP’s Growth
Bobby A identified several factors fueling the bullish sentiment around XRP:
Regulatory Progress: The approval and listing of RLUSD (Ripple Liquidity USD), a stablecoin designed to enhance liquidity, have been pivotal in reinforcing confidence in XRP.
Pro-Crypto Administration: The Trump administration’s favorable stance toward cryptocurrencies has created a positive regulatory environment, boosting investor sentiment.
Market Consolidation: The current period of price consolidation around $2.00 suggests that retail and institutional players are building substantial positions in anticipation of further price appreciation.
These developments align with Bobby A’s assertion that Wall Street is unlikely to ignore such signals, especially as hedge funds often replicate successful strategies to stay competitive.
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Community Reaction: “We Were So Early”
The discussion surrounding Bobby A’s post extended to the broader cryptocurrency community. Kingjustinlee, a prominent X user, expressed disbelief that Wall Street may have missed the opportunity to accumulate XRP at lower prices, noting, “Did they really not pick it up below a dollar? They had four years to load up.”
His comment reflects a sentiment held by many retail investors who have long believed in XRP’s potential, even during its suppressed price periods.
This perspective aligns with theories that prolonged price stagnation allowed major players to steadily build their positions. As XRP gains mainstream attention, early retail investors feel validated in their longstanding commitment to the asset.
As always, predictions in cryptocurrency markets are subject to volatility and risk, but the signals highlighted by Bobby A suggest that XRP’s trajectory may be entering a transformative phase.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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