Cryptocurrency

Analyst Says XRP Would Rally 15,300% If Major Banks Start This

A recent tweet from Ripple enthusiast RippleMaestro has sparked discussion in the cryptocurrency community regarding the potential price trajectory of XRP.

The tweet suggests that if major banks experience fear of missing out (FOMO), XRP could surge to over $400, a relatively 15,300% increase from current prices.

The discussion gained further traction when M. A. Williams responded sarcastically, stating, “I think $400K per coin since we’re just throwing numbers out. lol”—highlighting the speculative nature of such predictions.

Another commenter, KK, pointed to the SEC lawsuit against Ripple and the lack of clear regulatory frameworks for banks as significant barriers to institutional adoption. KK remarked, “SEC needs to drop the lawsuit and Congress needs to roll out rules for the banks so they can move forward. Until then, too much risk for them.”

Another participant, BS. Crypto, expressed skepticism regarding banks’ ability to recognize XRP’s potential early, stating, “Banks are usually last to get it. Let’s see how long it takes them to FOMO. I say they figure it out somewhere around $10/XRP – dimwits.” This sentiment reflects a belief among some in the XRP community that institutional adoption could lag behind retail interest.

Previous Predictions on a $400 XRP

The notion of XRP reaching $400 per token is not new. As reported by Times Tabloid, cryptocurrency analyst Egrag Crypto made a similar prediction last year, citing historical price movements and a technical indicator known as the “Bull Market Line.” According to Egrag Crypto, breaching this technical level has historically preceded substantial XRP price rallies.

Egrag Crypto identified a second Bull Market Line at $1.2, suggesting that surpassing this level could trigger an increase to $40, with a further possibility of $400. However, despite XRP surpassing the $1.2 price mark, it has not yet reached these projected levels.

While the idea of XRP reaching $400 per token is a topic of speculation within the community, there is no concrete evidence to suggest that this price target is imminent. Analysts such as Egrag Crypto have identified historical patterns that could support price appreciation, but past trends do not guarantee future results.

As discussions about XRP’s potential continue, regulatory clarity and institutional adoption will likely remain the most critical factors influencing its long-term value. Until these issues are resolved, XRP’s price trajectory remains uncertain.

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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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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