Crypto commentator JackTheRippler shared a video predicting that XRP could reach €702.50 by 2026. The forecast sparked significant interest in the cryptocurrency community.
JackTheRippler's Forecast: What to Expect for XRP
In his video, JackTheRippler outlines a price sequence for XRP starting at €2.40, forecasting a drop to €2.13 three days later with a buy recommendation. The projection suggests XRP could rise to €7.60 in a week before dropping to €3.40 at two weeks. Additionally, it predicts that XRP could reach €29.50 in seven months, ultimately hitting €702.50 by 2026, accompanied by the word "Rich" on the screen.
Community Reaction to the Prediction
The prediction has drawn mixed responses from XRP holders and traders. One user, going by the handle "Speechless Mia," cautioned that such extreme price targets are unlikely to materialize in the near term, despite the excitement surrounding the forecast. Another user, Caspian, [questioned](https://x.com/CaspianSpark/status/1941050179614134536) how realistic it is to build future predictions on such speculative figures, emphasizing that XRP is an infrastructure rather than mere predictions.
Analysts Urge Caution Regarding Such Forecasts
Analysts warn investors to remain skeptical of ambitious predictions. CoinMetrics analysts highlighted that even during significant bull markets, major cryptocurrencies rarely achieve multi-hundred-fold returns in a short time frame. In order for XRP to reach a price near €700, its market capitalization would need to exceed not only Bitcoin’s past all-time high but also challenge the overall size of the current cryptocurrency market.
While speculative forecasts like JackTheRippler’s video can generate excitement and discussion within the crypto community, experts stress the importance of distinguishing conceptual scenarios from price targets grounded in technical analysis or economic fundamentals. Investors should remain vigilant regarding the risks associated with chasing extreme price predictions as the cryptocurrency market evolves.
