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Crypto Proponent to XRP: “Are You Mentally Prepared?” Here’s why

Price charts often carry reminders that markets can behave in unexpected ways. Crypto commentator Amonyx (@amonyx) shared a chart highlighting one of these shocking events from November on the Kraken exchange.

The chart shows XRP briefly trading as high as $91 during a short-lived pricing glitch. His post paired the image with a simple line: “Are you mentally prepared?” The message relied on the chart itself to do most of the talking.

Attention Drawn to the Kraken Chart

The chart Amonyx posted shows XRP/USD on Kraken, using Heikin Ashi candles. One candle stands apart from the rest. It stretches vertically to a marked high of $91.62990, while surrounding price action remains far lower. The spike occurred during a technical error that caused momentary dislocations in reported prices.

By reposting the chart, Amonyx highlighted a historical data point that many traders remember, but few revisit. The image serves as a reminder that XRP has already printed extreme rallies on a major exchange, even if briefly and under abnormal conditions.

Is XRP Going to $91 Again?

The Kraken spike was not the result of organic buying pressure across the market. It occurred during a glitch that affected order books and executions. The digital asset’s price reverted quickly, and liquidity remained thin at those elevated levels.

While most analysts understand that this event was a temporary glitch, they still believe XRP can reach that level. Amonyx did not argue that the same mechanics would repeat under identical circumstances. However, his post suggests that the XRP army should stay ready, as the asset has limitless potential.

Experts have set high targets for XRP for years, with some surpassing $100. While the event on Kraken was temporary, it could be a sign of things to come for XRP.

The Conviction of the XRP Army

Critics often dismiss extreme XRP price scenarios by pointing to market cap constraints and liquidity realities. They point to liquidity limits and the scale required to sustain such values. Supporters, however, see XRP as the future of global finance and believe it could reach thousands of dollars.

They reference historical events, like the $91 Kraken spike, as evidence that extreme outcomes are possible. For supporters, the post reinforced a belief that XRP’s upside cannot be easily boxed into conventional assumptions.

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 advised to conduct thorough 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 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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