Pundit: Many People Will FOMO and Happily Pay $1,000 for 1 XRP

Key Points

1. XRP is currently trading around $3.17, with bullish resistance at $3.21 and a solid base above $3.00, potentially setting the stage for future rallies.

2. BarriC believes XRP's path to $1,000 will involve breaking past short-term resistance zones ($4.00–$5.00), followed by institutional demand driving it to $10–$50 before a moonshot to $1,000.

3. For XRP to reach $1,000, its market cap would need to exceed $50 trillion, which analysts deem highly improbable despite improving fundamentals like the resolution of its SEC legal battle and Ripple's stablecoin RLUSD.

4. BarriC's prediction highlights the psychological aspect of FOMO, where investors may hesitate during early gains but rush in at higher prices, regardless of valuation.

5. The article notes XRP's historical parabolic returns, such as its 60,000% surge in 2017, as a precedent for future growth, though the $1,000 target remains speculative.