One of the 3 bomb predictions for Ripple price suggests that the price could climb to $10 or $100 in the next bull.
Toray Kortan points to $100 for Ripple price
Toray Kortan, who has 50,000 Twitter followers, boldly stated in his latest analysis that he sees no reason why XRP could not reach the $10 or even $100 price levels. Known for his expertise in psychological market mastery, Kortan shared his belief that the new high in XRP price is near.
In particular, Kortan criticizes the concept of market value as a fabrication that has no real significance. In part of their analysis, he said, “I don’t see any reason why XRP can’t reach $10 or $100. Market value is utter nonsense, a fabrication, does not determine any form of value.” he wrote.
However, it also acknowledges the possibility of a long timeline for XRP’s growth. Kortan underlines that not everyone will become rich overnight. “They don’t let all these people get rich overnight,” says Kortan, suggesting that those who expect astronomical gains in a short time may be disappointed.
The market analyst believes that although everything is possible, it is necessary to approach investments rationally and not rely on sales before an imaginary peak.
“XRP investors should follow whales”
Kortan then emphasized the importance of gradual growth rather than seeking a rapid return on investment of 100,000. According to the analyst, his individual strategy should align with that of the whales. At this point, Kortan said, “Play the same game with the whales. They need small moves. They use bag holders who dream of fictitious price targets to fulfill their for-profit agenda.”
Finally, responding to whether a new ATH for XRP is unreasonable, Kortan says it is not entirely improbable. However, he warns not to expect a rapid rise in a single market candle.
Dizer Capital founder sets next steps for Ripple price
Yassin Mobarak, founder of VC firm Dizer Capital, commented on XRP’s recent price action. The XRP price had risen nearly 10% on Tuesday after Hinman’s emails went live. Reacting to the rally, Mobarak says the XRP price action is “weird and a sign of the future” following the release of Hinman’s documents.
According to Mobarak, the publication of Hinman’s emails caused the XRP price to increase tremendously. He noted that a large sales volume was recorded after Hinman’s emails went live. He also said that this is countering the rally of the cryptocurrency. cryptocoin.com We have included the details of the development and the reaction of the XRP price in this article.
“This shows me that someone/s is waiting for this rally,” said Mobarak. It also turns out that it is getting ready to dump XRP funds to continue suppressing the price,” he says. Specifically, he urged XRP investors not to be surprised if they experience similar price action when Judge Analisa Torres delivered the summary judgment decision for the SEC and Ripple case.
He added that it remains to be seen whether “the suppression action will be enough to counter the demand for XRP” once the market becomes clear.
XRP bull trend strengthens
According to the Average Directional Index, XRP price has been showing signs of strength lately. A reading above 20 indicates an increasing trend. A reading below this level indicates no clear trend. When readings reach 50 or above, a trend is strong. But it’s probably overextended. XRP weekly charts are currently at 25 and rising higher.
“If the monthly DI+ can break above ADX, XRP will have a terrific run,” said analyst Tony The Bull, who took a look at the Average Directional Index.
XRP is currently trading down 5% from the last 24 hours. At the time of writing, it is spending time in the $0.4809 region. It was also falling in BTC and ETH in its tranche. The cryptocurrency market gained downward momentum after the Fed rate decision on June 14.
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