{"id":596718,"date":"2024-03-07T22:00:42","date_gmt":"2024-03-07T22:00:42","guid":{"rendered":"https:\/\/uniquehot.com\/?p=596718"},"modified":"2024-06-11T08:09:40","modified_gmt":"2024-06-11T08:09:40","slug":"100-xrp-price-prediction","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/100-xrp-price-prediction\/","title":{"rendered":"Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?"},"content":{"rendered":"

Wall Street veteran Shannon Thorp has publicly admitted that her earlier <\/span>bullish price projections <\/span><\/a>for the XRP price have expired. The forecast, which had previously been a source of speculation and expectation within the XRP community, has fallen short of realization, leading market observers to further <\/span>reflect on XRP\u2019s price dynamics<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n

XRP Price Prediction Falls Flat<\/h2>\n

On Friday, March 1, Thorp took to X (formerly Twitter) to <\/span>announce<\/span><\/a> that her earlier ambitious forecast of XRP had come to an end. The Wall Street veteran acknowledged that her predictions had <\/span>fallen flat<\/span><\/a>, describing the unfortunate outcome as a \u201cbittersweet\u201d situation.<\/span><\/p>\n

Related Reading: Why Did Bitcoin Price Crash 10% After Reaching $69,000 All-Time High?<\/a><\/div>\n

Previously, in July 2023, Thorp had <\/span>made a bold prediction<\/span><\/a> of XRP, projecting that the price of the cryptocurrency would surge between $100 to $500 in four to seven months. The Wall Street expert had provided critical analysis and statistics to back her projections, highlighting <\/span>XRP\u2019s potential<\/span><\/a> for gaining more liquidity strength and achieving widespread adoption in the financial sector.\u00a0<\/span><\/p>\n

Now in March 2024, almost seven months after Thorp\u2019s price prediction and analysis, <\/span>XRP<\/span><\/a> has failed to attain the projected $100 price mark. At the time of writing, the cryptocurrency is <\/span>trading below $1<\/span><\/a> at $0.62, according to CoinMarketCap.\u00a0<\/span><\/p>\n

Since last year, the <\/span>price of XRP has struggled<\/span><\/a> to keep up with the market\u2019s bullish trends and has been consolidating around the price of $0.50 for months. However, recently, the cryptocurrency witnessed a <\/span>surge in its value<\/span><\/a> after breaking through crucial resistance levels around the $0.6 price mark. The unexpected price gain has heightened anticipation for a significant price movement, suggesting a <\/span>potential uptrend<\/span><\/a> during this bullish period.<\/span><\/p>\n

Wall Street Expert Remains Optimistic<\/h2>\n

After acknowledging the unmet $100 <\/span>XRP<\/span><\/a> price prediction, Thorp highlighted XRP\u2019s accomplishments, underscoring the cryptocurrency\u2019s resilience in overcoming challenges that could have severely disrupted other digital currencies under similar circumstances.\u00a0<\/span><\/p>\n

Related Reading: Analyst Predicts Massive Rally For Dogecoin Price With A $1 Target, Here\u2019s How<\/a><\/div>\n

According to the Wall Street veteran, XRP has shown its immense potential by enduring an <\/span>extensive lawsuit<\/span><\/a> filed by the United States Securities and Exchange Commission (SEC). She revealed that XRP has continued to prevail, holding its title as one of the top 10 cryptocurrencies despite facing multiple adversaries and <\/span>regulatory hurdles<\/span><\/a> during its developmental and advancement stages.\u00a0<\/span><\/p>\n

\u201cAre we really to believe that XRP will fail? Well, I refuse to believe that because still to this day, I know what I hold,\u201d Thorp stated.\u00a0<\/span><\/p>\n

Despite her predictions not coming to fruition, the Wall Street veteran has remained optimistic about <\/span>XRP\u2019s prospects<\/span><\/a>, staying consistent with her support for the cryptocurrency and its development team.<\/span><\/p>\n

\"XRP<\/p>\n

XRP at $0.62 | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from Crypto News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Wall Street veteran Shannon Thorp has publicly admitted that her earlier bullish price projections for the XRP price have expired. The forecast, which had previously been a source of speculation and expectation within the XRP community, has fallen short of realization, leading market observers to further reflect on XRP\u2019s price dynamics.\u00a0\u00a0 XRP Price Prediction Falls Flat On Friday, March 1, Thorp took to X (formerly Twitter) to announce that her earlier ambitious forecast of XRP had come to an end. The Wall Street veteran acknowledged that her predictions had fallen flat, describing the unfortunate outcome as a \u201cbittersweet\u201d situation. Related Reading: Why Did Bitcoin Price Crash 10% After Reaching $69,000 All-Time High? Previously, in July 2023, Thorp had made a bold prediction of XRP, projecting that the price of the cryptocurrency would surge between $100 to $500 in four to seven months. The Wall Street expert had provided critical analysis and statistics to back her projections, highlighting XRP\u2019s potential for gaining more liquidity strength and achieving widespread adoption in the financial sector.\u00a0 Now in March 2024, almost seven months after Thorp\u2019s price prediction and analysis, XRP has failed to attain the projected $100 price mark. At the time of writing, the cryptocurrency is trading below $1 at $0.62, according to CoinMarketCap.\u00a0 Since last year, the price of XRP has struggled to keep up with the market\u2019s bullish trends and has been consolidating around the price of $0.50 for months. However, recently, the cryptocurrency witnessed a surge in its value after breaking through crucial resistance levels around the $0.6 price mark. The unexpected price gain has heightened anticipation for a significant price movement, suggesting a potential uptrend during this bullish period. Wall Street Expert Remains Optimistic After acknowledging the unmet $100 XRP price prediction, Thorp highlighted XRP\u2019s accomplishments, underscoring the cryptocurrency\u2019s resilience in overcoming challenges that could have severely disrupted other digital currencies under similar circumstances.\u00a0 Related Reading: Analyst Predicts Massive Rally For Dogecoin Price With A $1 Target, Here\u2019s How According to the Wall Street veteran, XRP has shown its immense potential by enduring an extensive lawsuit filed by the United States Securities and Exchange Commission (SEC). She revealed that XRP has continued to prevail, holding its title as one of the top 10 cryptocurrencies despite facing multiple adversaries and regulatory hurdles during its developmental and advancement stages.\u00a0 \u201cAre we really to believe that XRP will fail? Well, I refuse to believe that because still to this day, I know what I hold,\u201d Thorp stated.\u00a0 Despite her predictions not coming to fruition, the Wall Street veteran has remained optimistic about XRP\u2019s prospects, staying consistent with her support for the cryptocurrency and its development team. XRP at $0.62 | Source: XRPUSDT on Tradingview.com Featured image from Crypto News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":596736,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[6664,14690,3680,17209,91803,4531,83637,13172,16289,10972,78763],"class_list":["post-596718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-crypto","tag-crypto-news","tag-ripple","tag-ripple-news","tag-wall-street-expert","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nWall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?<\/title>\n<meta name=\"description\" content=\"Wall Street veteran Shannon Thorp has publicly admitted that her 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?","url":"http:\/\/uniquehot.com\/news\/ripple\/100-xrp-price-prediction\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/100-xrp-price-prediction\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/XRP-Price-1.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/XRP-Price-1.jpeg?fit=1068%2C615"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","crypto news","ripple","ripple news","wall street expert","xrp","xrp news","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2024-03-07T22:00:42Z","datePublished":"2024-03-07T22:00:42Z","dateModified":"2024-06-11T08:09:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Wall Street Expert Says $100 XRP Price Prediction Has Expired, What Does This Mean?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/100-xrp-price-prediction\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/100-xrp-price-prediction\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-Price-1.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-Price-1.jpeg?fit=1068%2C615\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"crypto news\",\"ripple\",\"ripple news\",\"wall street expert\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-03-07T22:00:42Z\",\"datePublished\":\"2024-03-07T22:00:42Z\",\"dateModified\":\"2024-06-11T08:09:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/XRP-Price-1.jpeg?fit=1068%2C615","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/596718"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=596718"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/596718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/596736"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=596718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=596718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=596718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}