XRP Critic Davinci Jeremie Predicts $20 Price Target for the Asset

Amelie, a well-known cryptocurrency influencer on X, recently shared a video featuring prominent Bitcoin advocate and longtime XRP critic Davinci Jeremie. In the video, Jeremie acknowledged that despite his negative views on XRP, the token is likely to see significant price increases in the future.

Jeremie’s XRP Prediction

Jeremie has been a vocal opponent of XRP, frequently criticizing its structure and utility, and recently claiming that XRP is not decentralized and that Ripple can seize anyone’s tokens anytime. However, in his latest statement, he conceded that XRP’s price trajectory suggests a strong upward movement.

“There’s something I have to admit about XRP. It’s going a lot higher,” he said. He emphasized that his perspective is based on technical analysis rather than personal preference.

Jeremie believes XRP will surpass $3 and could reach as high as $20 or more. “How much is XRP going to be in the future? Well, I think it will get as high as $20 or more,” he stated. Despite maintaining his critical stance on the cryptocurrency, he acknowledged its potential for substantial price growth.

XRP’s Future

XRP supporters have taken Jeremie’s prediction as a bullish sign, reinforcing their belief in the asset’s long-term potential. Technical analysts have pointed to various indicators suggesting that XRP could be positioned for a breakout.

Factors such as historical resistance levels, increasing trading volume, and broader market trends play a role in assessing the likelihood of Jeremie’s forecast. XRP has previously demonstrated significant price movements, most notably reaching an all-time high of around $3.84 in 2018.

Since then, the asset has faced regulatory challenges, particularly with the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. However, it recently rose to a multi-year high of $3.39.

This remarkable surge shocked the crypto world, as many had written the digital asset off. It also achieved this notable feat despite the SEC’s legal battle. The SEC has now agreed to dismiss its appeal, and with XRP showing many positive technical signs, the surge to $20 may come very soon.

Jeremie’s unexpected statement on XRP’s potential price increase has generated interest among traders and investors. While he remains critical of the cryptocurrency, he can see the asset’s potential, and maybe it might change his mind someday like it did for Peter Brandt and other finance experts.

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.

---

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