News

Analyst Says No Reason for XRP Not to Hit $10 or $100, States His Investment Strategy

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.

Read Also: Expert Chartist Says This Wave 3 Trend Can Send XRP Price to $12 or $50. Here’s the Timeline

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.

Read Also: Crypto Strategist Ali Martinez Reveals Most Accurate XRP Price Predictor

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.”


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

Recent Posts

From Presale to Potential: Why Qubetics ($TICS) Could Revolutionize the Crypto Space in 2024 Alongside Binance and Render

Cryptocurrencies have flipped the script on traditional finance. Whether it’s investments, tech innovation, or reshaping…

2 hours ago

Binance Suspends XRP Withdrawals. Here’s the Cause

Binance, the world’s largest cryptocurrency exchange by trading volume, has temporarily halted XRP withdrawals, citing…

5 hours ago

XRP Hits $1.15, Market Cap Surpasses $65 Billion As XRP Targets 3rd Position

Today, November 16, XRP attained a key benchmark after reaching $1, marking a significant moment…

9 hours ago

Top Exchange Announces SHIB Giveaway. Here’s How to Qualify

In a strategic move to expand its presence in the French cryptocurrency market, Cayman Islands-based…

13 hours ago

Invest Wisely: Best Crypto to Buy Now for Maximum Returns

The crypto market offers a golden chance right now. Major coins show strong recovery signals…

13 hours ago

Top Analyst Shows Unique Way for XRP to Hit $33

A recent analysis by prominent cryptocurrency analyst EGRAG CRYPTO (@egragcrypto) shed light on the potential…

14 hours ago