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Seasoned Trader Eyes $35 For XRP, Says It’s Not As Crazy As It Sounds Newsbtc 28 Oct 2024

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

A seasoned trader, Ralston Maximus, has stirred conversation by predicting that XRP could rise to $30-$35, a stance he maintains is reasonable. While critics consider this an exaggerated forecast, Maximus defends it as a "larger measured move," countering criticisms of impractical optimism.

Another trader, @Phoddler, expressed disbelief, deeming the prediction "ridiculous" and suggesting it could mislead investors into unrealistic expectations. He argued for more conservative targets, such as a $0.30 increase, rather than aiming for $30-$35 or $7.

Maximus stands by his prediction, regarding it as an honest assessment of XRP's potential breakout. He explains the $30-$35 target as the most optimistic outcome, while $7 is a conservative estimate. He asserts his confidence as a long-term XRP trader.

Some market observers agree with the potential for a double-digit price, citing Ethereum's previous price surges as an inspiration for similar growth in XRP. Currently, XRP is traded at $0.5159, a slight rise of 0.3% as per CoinMarketCap.

Source: www.newsbtc.com ↗

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