The post Exclusive: Expert Says XRP Price Hitting $1000 Is ‘Speculative’ But ‘Not Impossible’ appeared first on Coinpedia Fintech News
XRP, currently trading near $3, remains one of the most talked-about cryptocurrencies in the market. Whether it’s Ripple’s long legal battle with the U.S. Securities and Exchange Commission (SEC) or the massive price predictions circulating on social media, XRP always manages to stay in the spotlight. Price predictions range from $10 to $100, and in some cases, even $1,000, numbers that often spark debates among investors and fans.
One common theory driving these high predictions is the belief that XRP could one day become a global payments standard, replacing the current banking settlement systems. Supporters argue that if such large-scale adoption were to happen, XRP’s value could rise “beyond all limits.”
However, experts have issued warnings. In an interview with Coinpedia, Manhar Garegrat, Country Head at Liminal Custody, addressed these ambitious price targets. “As for the chatter around XRP hitting $1,000, that’s more speculative than grounded reality,” he said. “Such a valuation would require a drastic shift in global financial infrastructure and adoption. That said, it’s not completely impossible.”
“While Ripple’s technology can complement global payment systems, it cannot completely replace SWIFT. The right approach would be coexisting with interoperability,” he said.
XRP Price Dips 7%
XRP slipped a little today and is now sitting in a short-term support zone between $2.85 and $3.12. This area has been important in recent days and could help the price bounce back, but it’s not the strongest support unless buyers step in. Overall, the bigger trend is still upward, but XRP hasn’t managed to get past the key $3.40 resistance yet. Until it breaks that level, the price might keep moving sideways for a while.
This drop looks more like a normal correction than the start of a big crash. For now, it’s a waiting game. XRP often stays quiet before making sudden, sharp moves, so holding above support could be the setup for the next big jump.