Market Expert Says 33,233% XRP Price Rally Is Possible, Predicts Timeline
Main Idea
Crypto strategist Armando Pantoja predicts a potential 33,233% price increase for XRP over a decade, citing undervaluation due to legal uncertainties and comparing its trajectory to Bitcoin's historical growth.
Key Points
1. Armando Pantoja forecasts a 33,233% XRP price rally, suggesting it may take over 10 years to materialize.
2. Pantoja describes the current market phase as a 'huge bear trap,' with XRP undervalued due to the Ripple vs. SEC lawsuit.
3. The SEC's legal battle with Ripple remains a hurdle, despite a partial win in 2023 clarifying XRP's non-security status on exchanges.
4. Pantoja accumulated XRP during a recent price drop, arguing its market cap could rival Bitcoin's, potentially reaching $36.42.
5. Short-term XRP price projections range from $3.60–$3.90 to $6.90, while long-term models suggest $10–$15, with higher targets being speculative.
Description
Crypto strategist Armando Pantoja has sparked renewed excitement among XRP holders with a bold long-term forecast: a potential 33,233% price increase for XRP. In a recent post on X, Pantoja suggested that while XRP may not hit $1,000 anytime soon , not this year or next, it could eventually reach that level, provided investors are patient enough to wait a decade or more. XRP in a Bear Trap: A Time to Accumulate? Pantoja describes the current market phase as a “huge bear trap,” where panic sellin...
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