A bold XRP price prediction sparks debate in the crypto community. An analyst claims holding 20,000 XRP could eventually be worth millions.
XRP to $9,500 Despite Market Headwinds
Crypto analyst EGRAG predicts that holding 20,000 XRP could be life-changing. According to his calculations, if XRP hits $9,500 per coin, it would be worth $190 million. He believes XRP's long-term potential is underestimated, especially compared to Bitcoin's dominance in institutional investments.
Skepticism Grows Over XRP Price Prediction of $9,500
The crypto community has pushed back against EGRAG’s bold prediction, pointing to XRP’s historical price struggles. Despite securing major partnerships and achieving regulatory clarity, the token has yet to reflect these advancements in its price. One investor highlighted that even after Ripple’s legal victories and strategic alliances, XRP remains well below its all-time high of $3.84.
Technical Barriers and Market Risks Could Delay a Breakout
Despite the extreme price targets, analysts say XRP could still rally if it holds key levels. It’s testing major support and resistance zones right now. One analyst said if it breaks above the symmetrical resistance at $2.60, it could go to new highs. But XRP is at risk of a short-term pullback if selling pressure intensifies.
Despite the discussions about potential growth, market reality and technical factors indicate a challenging road ahead for XRP. Technical upgrades might boost long-term demand, but current conditions call for caution.
