Currencies38131
Market Cap$ 2.28T+1.45%
24h Spot Volume$ 32.72B+0.38%
DominanceBTC56.39%+0.26%ETH9.49%+1.41%
ETH Gas0.10 Gwei
Cryptorank
/

Analyst Mocks Calls For XRP Price At $1,000, Says Take Profits At This Level


Analyst Mocks Calls For XRP Price At $1,000, Says Take Profits At This Level

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Crypto analyst Jaydee has called out market participants who predict that the XRP price could rally to as high as $1,000. The analyst suggested that the altcoin can’t reach such heights and revealed what price levels he will be taking profits at. 

Analyst Indicates XRP Price Cannot Reach $1,000

In an X post, Jaydee stated that while the “moonboys and influencers: are waiting for the XRP price to reach $1,000, he plans to take more profits at his next levels. He declared that he plans to use the same strategy he employed when he called the 12x at $3.37. The analyst admitted that the altcoin is going much higher soon but suggested that those waiting for $1,000 will still get “rekt.”

Related Reading: Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key

Jaydee further remarked that they “dumb money to HODL till $1,000 for us smart money to win big.” His statement comes just a day after crypto pundit BarriC predicted that the XRP price will rally to $1,000 sooner than many expect. He further suggested that the rally will be similar to how XRP recorded an explosive surge in 2017, when it rallied from $0.0006 to $3.80.

XRP

However, Jaydee doesn’t expect this to happen. Instead, his accompanying chart showed that the XRP price could just rally to a conservative target of around $7 between August and September. This would still mark a new all-time high (ATH) for the altcoin. 

The crypto analyst also recently predicted a 50% “moonshot” for the XRP price, which could send it to as high as $3.35 in the short term. A rally to $3.35 will bring the altcoin close to its current ATH of $3.80. It would also mark a new yearly high for the altcoin. 

XRP Is Bullish On All Timeframes

In an X post, crypto analyst Dark Defender declared that the XRP price is bullish on all timeframes for the first time since January 2025, when it reached its yearly high of $3.3. In another X post, the analyst stated that XRP is way ahead, having recorded a breakout above $2.33. With this breakout, he remarked that the altcoin’s journey to its all-time high has begun. 

Related Reading: XRP Price Closes Highest Quarterly Candle In History

Dark Defender’s accompanying chart showed that the XRP price could surpass its current ATH of $3.80 and rally to $4.2. This price surge is expected to happen between now and September, providing a bullish outlook for the altcoin. Crypto analyst CasiTrades also highlighted how bullish the break above $2.30 was for XRP. She claimed that the altcoin could reach as high as $3.04 on this leg up. 

At the time of writing, the XRP price is trading at around $2.42, up almost 4% in the last 24 hours, according to data from CoinMarketCap.

XRP
Read the article at NewsBTC

In This News

Coins

$ 0.0788

-0.41%

$ 1.11

+1.05%

$ 0.00729

+2.67%

$ 0.00...361

$ 33.38K


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.0788

-0.41%

$ 1.11

+1.05%

$ 0.00729

+2.67%

$ 0.00...361

$ 33.38K


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

XRP continued to trade within a relatively narrow range on Monday following a turbule...
Critical Warning for XRP: Analysts Say the 2024 Rally Seems Unlikely to Repeat! Here’s Why!

Critical Warning for XRP: Analysts Say the 2024 Rally Seems Unlikely to Repeat! Here’s Why!

According to analysts, due to changing market conditions, it seems unlikely that XRP ...