Popular Bitcoin maximalist Davinci Jeremie has reiterated his bullish outlook on XRP, suggesting it could reach the $24 mark before the end of the year. His comments come even as the crypto asset struggles just above the $2 support level, trading sideways for most of the week. 

“XRP, will it go to the $24 that I once talked about? Possibly, there is a good chance,” Jeremie stated in a Thursday video. “Why? Because you know there are a lot of people in the US government that are pushing XRP, and so we could see possibly XRP do something crazy.”

However, despite his optimistic price prediction, the investor opposed the cryptocurrency, cautioning viewers against investing in what he termed a “banker coin.”

“Now, do I suggest you invest in XRP? NO. Because it is a banker coin. Do you want to continue to support the banking system that gets free money on your behalf that steals from you when they screw you up? No. So why buy XRP? Sell your XRP, buy Bitcoin. In the long run, it’ll do better anyways.” He added.

This isn’t the first time Jeremie has expressed this bullish sentiment despite his previous criticism of XRP. At one point, he called it a “stablecoin” and predicted its imminent crash to zero. Back in February, he made a similar prediction about XRP potentially reaching the “mythical $24 milestone” in the next bull market cycle.

Meanwhile, XRP has grappled with significant headwinds amid a broader market downturn. According to a Tuesday tweet by analyst Ali Martinez, whale addresses have offloaded more than 370 million XRP since the start of the month, signaling a wave of large-scale selling pressure.

However, data from Glassnode indicates that XRP has emerged as a “new retail favorite” this cycle, with active addresses increasing by an impressive 490% since the 2022 cycle low, compared to Bitcoin’s modest 10% increase.

Despite these developments, industry experts remain cautiously optimistic about the long-term prospects for the crypto market, including XRP. In its monthly market outlook newsletter published Thursday, Coinbase noted a steep 41% decline in the total crypto market capitalization (excluding Bitcoin) since December 2024.

“We think this warrants taking a defensive stance on risk for the time being, though we believe that crypto prices may find their floor in mid-to-late 2Q25 – setting up a better 3Q25,” the exchange reported, suggesting XRP could continue facing low volatility until around July.

At press time, XRP was trading at $2.19, reflecting a 5.06% surge in the past 24 hours.

Popular Bitcoin maximalist Davinci Jeremie has reiterated his bullish outlook on XRP, suggesting it could reach the $24 mark before the end of the year. His comments come even as the crypto asset struggles just above the $2 support level, trading sideways for most of the week. 

“XRP, will it go to the $24 that I once talked about? Possibly, there is a good chance,” Jeremie stated in a Thursday video. “Why? Because you know there are a lot of people in the US government that are pushing XRP, and so we could see possibly XRP do something crazy.”

However, despite his optimistic price prediction, the investor opposed the cryptocurrency, cautioning viewers against investing in what he termed a “banker coin.”

“Now, do I suggest you invest in XRP? NO. Because it is a banker coin. Do you want to continue to support the banking system that gets free money on your behalf that steals from you when they screw you up? No. So why buy XRP? Sell your XRP, buy Bitcoin. In the long run, it’ll do better anyways.” He added.

This isn’t the first time Jeremie has expressed this bullish sentiment despite his previous criticism of XRP. At one point, he called it a “stablecoin” and predicted its imminent crash to zero. Back in February, he made a similar prediction about XRP potentially reaching the “mythical $24 milestone” in the next bull market cycle.

Meanwhile, XRP has grappled with significant headwinds amid a broader market downturn. According to a Tuesday tweet by analyst Ali Martinez, whale addresses have offloaded more than 370 million XRP since the start of the month, signaling a wave of large-scale selling pressure.

However, data from Glassnode indicates that XRP has emerged as a “new retail favorite” this cycle, with active addresses increasing by an impressive 490% since the 2022 cycle low, compared to Bitcoin’s modest 10% increase.

Despite these developments, industry experts remain cautiously optimistic about the long-term prospects for the crypto market, including XRP. In its monthly market outlook newsletter published Thursday, Coinbase noted a steep 41% decline in the total crypto market capitalization (excluding Bitcoin) since December 2024.

“We think this warrants taking a defensive stance on risk for the time being, though we believe that crypto prices may find their floor in mid-to-late 2Q25 – setting up a better 3Q25,” the exchange reported, suggesting XRP could continue facing low volatility until around July.

At press time, XRP was trading at $2.19, reflecting a 5.06% surge in the past 24 hours.