XRP Could Potentially Reach $1,000 by 2030, Says Former Goldman Sachs Analyst

Key Points

1. XRP currently trades at $3.17 with a market capitalization of $186.7 billion, ranking third among cryptocurrencies.

2. A golden cross on XRP’s daily chart has fueled bullish momentum, though short-term volatility persists due to ETF-related fluctuations.

3. The Relative Strength Index (RSI) stands at 62, indicating healthy buying interest without immediate risk of a sharp pullback.

4. Dom Kwok’s $1,000 prediction is based on XRP’s expanding role in cross-border payments and DeFi, requiring a multi-trillion-dollar market cap.

5. XRP’s long-term price potential is influenced by adoption in cross-border payments and technical indicators like RSI and moving averages.