Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	179,308,006,546	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

179,308,006,546

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.300	10.20%	3.24	3.23	3.24

Price Change

Price Change %

Current Price

Bid Price

Offer

0.300

10.20%

3.24

3.23

3.24

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3.25	2.91	2.91	2.94	0.382490 - 3.40

High Price

Low Price

Open Price

Prev. Close

52 Week Range

3.25

2.91

2.94

0.382490 - 3.40

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	07:08:49	11.15	3.23	USD

Exchange

Last Trade

Size

Trade Price

Currency

BSTP

07:08:49

11.15

3.23

USD

Price x Volume	Volume	Base Symbol	Related Pairs
261,623,938.49	85,932,983.65	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

261,623,938.49

85,932,983.65

Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds

28/10/2024 3:00pm

NEWSBTC

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Related Reading: Floki Inu Warning: Analyst Says ‘Prepare For The Crash’ – Details Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable. XRP: A ‘Ridiculous’ Target? Another trader expressed his skepticism on the possibility that XRP could have such exponential price growth. In a post, @Phoddler was left in awe of disbelief at Maximus’ price assumption on XRP, calling it a “ridiculous” target. According to @Phoddler, based on his estimates, the price target is simply unattainable. He accused Maximus of proliferating price targets that are excessively optimistic, adding that it could harm the lives of investors who will believe in such exaggerated price predictions. Reality is, it was never looking to break out, thers it much more chance of seeing 30 cent than $7 — MXRP (@phoddler) October 22, 2024 He argued that it is more realistic to predict a price hike of $0.30, insisting that a $30 to $35 hike or even an increase of $7 might sound unreal. Hitting $35 Feasible? Maximus remained firm in his bold assumptions about XRP, saying that he is only telling the truth and being honest about a possible breakout for the digital asset. How the fuck is $30-35 a ridiculous target? It’s the larger measured move $30-35. $7 is the smaller measured move. I’m a trader with my one long term bag $xrp. We got bent up until breakout. The difference is I’m honest about it. Missed opportunity is missed opportunity. U Fk. https://t.co/SGXARjCNmt — Maximus Prime (@RalstonMax) October 22, 2024 He explained that the target is not ridiculous since the $30 to $35 price target represents the most optimistic outlook or as he describes, “The larger measured move.” On the other hand, the price target of $7 is also not irrational because the figure is the conservative assumption for the price rally, adding that the target will remain as a vision until the breakout finally occurs. He also defended that he is a long-term XRP trader and has great confidence in the future of the crypto. Related Reading: MicroStrategy Stock Hits All-Time High As Bitcoin Blazes Past $67,000 Drawing Inspiration From Ethereum Other market observers also agree that a double-digit price for XRP is realistic, citing the possible price upsurge for Ethereum. Although they are predicting a price of $35, they believe that the altcoin can experience a price hike and hit anywhere above $10. At the time of writing, XRP is being traded at $0.5159, which is slightly up by 0.3% in the last 24 hours, data from CoinMarketCap shows. Featured image from Trackinsight, chart from TradingView

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XRPUSD Ripple