XRP price has lately been experiencing violent market bouts. The cryptocurrency markets in particular are experiencing serious capital outflows as Bitcoin sinks to explore the $65K range after a long time. With the king of cryptocurrencies having a hard time staying afloat, major altcoins like XRP are also struggling, falling to hit the $1.15 price level at press time. However, a long-term XRP holder has now come up to speak his mind, sharing the elements that he thinks are currently pushing XRP to extreme ends.
Also Read: How Low Can XRP Price Crash In This Cycle? Hopes For Rebound
10-Year XRP Holder Breaks Silence On Current XRP Price Trajectory
A leading XRP enthusiast and a Ripple holder for ten years, Ripplebull Winkle has now spoken on X, sharing his own side of the story. The expert shared what he thinks is wrong with the current XRP price, adding how the current price momentum of the token is currently out of sync, inspired heavily by elements such as ETF outflows and regulatory hurdles.
XRP has been through heaps of pressure, as the delayed SEC verdict, with financial institutions’ reluctance to explore XRP collectively, took a toll on the asset.
“A holder who’s watched $XRP for 10 years said something feels off about this price action. He’s right—but not how most think. The fundamentals changed completely: ETF flows, bank filings, and permissioned infrastructure live. Price is lagging reality. When it catches up, it happens fast. $XRP. That holder is me….”
Such fundamentals have messed up the XRP price timeline per Ripple Bullish Winkle. However, he believes that once XRP starts recovering, it’ll recover fast, putting everything in sync all over again.
XRP Double-Digit Surge?
As the current XRP price continues to plunge dramatically, Ripple CEO Brad Garlinghouse was noted sharing a motivational message on X. Garlinghouse quoted Warren Buffett amid the ongoing crypto market storm, stating how one should “be fearful when others are greedy, and greedy when others are fearful,” instilling hopes for a positive token rebound soon.
According to CoinCodex XRP stats, the XRP price may jump as high as $11 by 2050.
“XRP is forecasted to hit $ 1.33 by the end of 2026 (+2.68% compared to current rates), $ 4.73 by 2030 (+264.23%), $ 7.07 by 2040 (+443.66%), and $ 11.21 by 2050 (+762.16%). All values represent end-of-year price estimates according to our models.”
Also Read: Six Months Down The Line: Is It Safe To Invest In The US Dollar?
Credit: Source link
