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I just saw that Davinci Jeremie, that analyst who predicted Bitcoin when no one believed, released a pretty crazy thesis about XRP. He says it could reach $20 or more, although he literally admits he hates the project. The thing is, his technical analysis tells him it’s going way beyond $3... so well, when someone with that track record speaks, people listen.
The odd thing is that XRP is currently at $1.39, up 0.21% in 24 hours. It was higher recently but dropped quite a bit this month, although interestingly it’s up +5.22% in the last 30 days. Nothing spectacular for now, but there are things moving in the background.
What’s fueling the hype is mainly the case where Ripple won against the SEC—that cleared up a lot of regulatory uncertainty. Plus, there are rumors that an XRP ETF could be approved, and if that happens, just imagine the institutional flow that would come in. It happened with Bitcoin and it was huge.
Honestly, Davinci Jeremie’s prediction sounds extreme, but it’s not like he’s pulling numbers out of nowhere. There’s momentum, there are legal catalysts, and investors are paying attention. Will it reach $20? That’s another story, but definitely XRP is on everyone’s radar now.