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I saw the news that two analysts, Mikybull and JD, are calling for XRP to "bottom out" and surge to $12. I couldn’t help but laugh out loud. This pie-in-the-sky prediction is bigger than a washbasin!
First, let’s talk about this “bottom” and “30% increase.” Guys, wake up! In the crypto world, a 30% rebound after a 90% drop—does that count as a bottom? That’s just a stumble while rolling down the halfway slope!
Climbing up a bit from the February lows, and they dare say “maintaining long-term support,” basically meaning it’s fallen so low that no one’s watching anymore, and there are hardly any sell-off chips left underneath. Just a little capital injection can push a bullish candle, and they call that the “start of a bull market”? When XRP dropped from $3 to a few cents, weren’t these same people shouting bottom every time?
The most ridiculous part is the target price of $12. Just move your toes and calculate—how many times does XRP need to multiply from a few cents to $12? What’s the market cap supposed to be? Tens of trillions? What’s the backing? Relying on the pocket change of those old investors who’ve been trapped for five or six years? Such nonsensical numbers, spouted without a second thought, are no different from fortune-telling blind men.
Every time XRP shows a little movement, these “analysts” come out like cats smelling blood, shouting buy signals. Why do they say this? Because the more exaggerated the call, the more it tricks you into clicking, and the more traffic they can harvest! Once you believe their nonsense and rush in to buy, they’ve already made a killing and run away with the profits.
XRP’s chart has been dragged down by lawsuits and all kinds of messes for so many years, it’s long become a hopeless case. Let me tell you plainly: don’t use your real money to chase the “$12” dream. This rebound is probably just the scythe sharpening on the whetstone again. Whoever believes it is just the next sucker to be caught! Keep your wallet tight and just watch their show. $XRP