Top experts continue to weigh in on the future of XRP, the sixth-largest cryptocurrency by market capitalization with each forecasting a probable bullish outcome in XRP price after the longstanding SEC lawsuit.
Toray Kortan, a professional at psychological market mastery, is among those to share their expectations for XRP in the coming weeks and months. Amid the prevailing bearish market conditions that have triggered massive dips in the price of many crypto assets including Bitcoin (BTC), Kortan believes that XRP has the potential to soar as high as $10 and $100 as the case may be.
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XRP to $10 or $100 is Certain
According to the crypto strategist, nothing would stop XRP from hitting $10 and $100, adding that he doesn’t expect the imminent rally to happen at a super speed in one candle.
Hence, Kortan implied that neither the U.S. SEC lawsuit nor the allegation stated against Ripple in the recently released court documents can thwart the XRP price surge.
In his words, “I don’t see any reason whatsoever why XRP cannot hit $10 or $100,” adding that “it could take a very long time.”
However, he urged XRP investors to be rational in their investment and profit-taking strategies such as buying at the best prices. Instead of waiting for big price jumps that may take time to happen, Kortan advised all XRP investors to learn from crypto whales in the aspect of taking profits from mild price pumps.
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He wrote, “I accept everything is possible, I’m incredibly open minded, but I do not base my investing with the underlying thoughts that I’m “selling before the real moon”. If it does I’m happy. If it doesn’t, I’m just as happy. I’m not wasting my life sitting idle and missing out on the fantastic opportunities presented right now.
“Play the same game as the whales. They need small moves and use the bagholders dreaming of fabricated price targets to fulfil their agenda to profit.”
I don’t see any reason whatsoever why XRP cannot hit $10 or $100.
Market cap is all bullshit, a fabrication, doesn’t determine any form of value.
However, I can’t see them letting all these people get rich overnight.
It could take a very long time, most will sell.
I accept…
— T (@TorayKortan) June 14, 2023
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