{"id":610232,"date":"2024-05-28T19:00:35","date_gmt":"2024-05-28T19:00:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=610232"},"modified":"2024-06-11T10:37:41","modified_gmt":"2024-06-11T10:37:41","slug":"xrp-price-reaching-1000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-reaching-1000\/","title":{"rendered":"Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here\u2019s Why"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Despite its <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">unimpressive price action<\/span><\/a><span style=\"font-weight: 400\">, crypto analysts have maintained faith in the XRP price, offering <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/crypto-4400-xrp-price-27\/#:~:text=Crypto%20Analyst%20Predicts%204400%25%20XRP%20Price%20Surge%20To%20%2427%2C%20Here's%20When,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20Egrag%20Crypto%20continues,this%20is%20a%20real%20possibility.\"><span style=\"font-weight: 400\">bullish price predictions<\/span><\/a><span style=\"font-weight: 400\"> for the crypto token. This time, <\/span><a href=\"https:\/\/bitcoinist.com\/investors-regret-selling-xrp-at-10\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">crypto analyst BarriC<\/span><\/a><span style=\"font-weight: 400\"> has predicted that XRP\u2019s price reaching four figures will undoubtedly happen.\u00a0<\/span><\/p>\n<h2>XRP Price Will Reach $1,000 At Some Point<\/h2>\n<p><span style=\"font-weight: 400\">BarriC explained in an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/B_arri_C\/status\/61396138\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> why he believes XRP will eventually reach $1,000. He mentioned that no one could have envisaged that Bitcoin would hit $73,000 when it was still trading at $330 in 2016. He also made reference to other crypto tokens like <\/span><a href=\"https:\/\/bitcoinist.com\/ethereum-to-10000-programmed\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ethereum<\/span><\/a><span style=\"font-weight: 400\">, Litecoin, <\/span><a href=\"https:\/\/uniquehot.com\/news\/solana\/solana-headed-to-100\/\"><span style=\"font-weight: 400\">Solana<\/span><\/a><span style=\"font-weight: 400\">, and <\/span><a href=\"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-doge-ready-to-pop\/#:~:text=Dogecoin%20(DOGE)%20is%20getting%20ready,be%20added%20for%20it%20soon.\"><span style=\"font-weight: 400\">Dogecoin<\/span><\/a><span style=\"font-weight: 400\">, which were trading really low at some point and went on to make significant price gains.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-700-explosion-to-1-17\/\">Dogecoin Poised For 700% Explosion To $1.17 Amid Recovery In Major Metrics<\/a><\/div>\n<p><span style=\"font-weight: 400\">Therefore, he believes a similar pattern could play out with XRP. He noted that XRP was trading way lower than its current price level at some point when it was $0.006 in 2017, and no one imagined it would climb to an <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-to-hit-3-4-crypto-expert-reveals-when\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">all-time high of $3.80<\/span><\/a><span style=\"font-weight: 400\">. BarriC went on to claim that those saying XRP will never move in price \u201cclearly don\u2019t understand how crypto works.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">The crypto analyst added that the \u201c<\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-price-rise-390000-to-2500\/#:~:text=Holders%20Need%20To%20Be%20More,gain%20for%20investors%20by%202029.\"><span style=\"font-weight: 400\">explosive price action<\/span><\/a><span style=\"font-weight: 400\">\u201d for XRP will definitely come at some point, and what is important is to have the \u201cfortitude\u201d to hold until that time comes. He also suggested that there was no better time than now to accumulate XRP, stating there is a benefit in accumulating when people either don\u2019t know enough about the crypto or outright hate it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This isn\u2019t the first time that the crypto analyst has predicted that XRP will hit $1,000 at some point. Before now, he <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/timeline-xrp-price-cross-1000\/\"><span style=\"font-weight: 400\">mentioned<\/span><\/a><span style=\"font-weight: 400\"> that XRP would hit this price level in the next five to ten years. He explained that this exponential price surge will happen thanks to the amount of money expected to flow into the crypto space.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">He also alluded to the <\/span><a href=\"https:\/\/bitcoinist.com\/spot-bitcoin-etfs-record-inflows\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Spot Bitcoin ETFs<\/span><\/a><span style=\"font-weight: 400\"> and how they helped drive up Bitcoin\u2019s price. He believes something similar can happen for XRP when institutional demand comes for the crypto token through an XRP ETF.\u00a0<\/span><\/p>\n<h2>XRP Can Only Hit Three Figures At Most<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP YouTuber Moon Lambo<\/span><\/a><span style=\"font-weight: 400\"> has <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/crypto-analyst-20000-xrp-price\/#:~:text=Why%20The%20XRP%20Price%20Cannot,on%20its%20current%20market%20cap.\"><span style=\"font-weight: 400\">previously suggested<\/span><\/a><span style=\"font-weight: 400\"> that XRP\u2019s price cannot go above three figures. He noted that there isn\u2019t enough liquidity in the world to drive XRP\u2019s price to such heights. He believes that mainstream adoption of XRP and liquidity flow will only cause XRP to <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-at-250\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">rise to three digits<\/span><\/a><span style=\"font-weight: 400\">, and it will still take \u201cmany market cycles\u201d for XRP to even climb to such a price level.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/bitcoin-bull-run-70000-level\/\">Kickstarting The Bitcoin Bull Run: Expert Says $70,000 Is The Level To Beat<\/a><\/div>\n<p><span style=\"font-weight: 400\">XRP possibly hitting three digits brings crypto analyst CryptoBull\u2019s prediction into focus. The analyst <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/28900-rally-to-154-for-xrp-price\/\"><span style=\"font-weight: 400\">recently predicted<\/span><\/a><span style=\"font-weight: 400\"> that XRP can climb to $154, although he didn\u2019t state exactly when this will happen. Meanwhile, crypto analyst <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-ceo-success-for-xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">JackTheRippler<\/span><\/a><span style=\"font-weight: 400\"> predicted that XRP would rise to $100 when the legal battle between the <\/span><a href=\"https:\/\/uniquehot.com\/crypto\/sec-announcement-crypto\/#:~:text=What%20The%20SEC's%20Latest%20Announcement%20Means%20For%20The%20Crypto%20Industry,-by%20Scott%20Matherson&amp;text=A%20recent%20announcement%20by%20the,actions%20have%20had%20on%20it.\"><span style=\"font-weight: 400\">Securities and Exchange Commission (SEC)<\/span><\/a><span style=\"font-weight: 400\"> and Ripple ended.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/eBDzoo8z\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3286\" height=\"1576\"><figcaption class=\"wp-caption-text\">Token price struggling above $0.5 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image from Coinpedia chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite its unimpressive price action, crypto analysts have maintained faith in the XRP price, offering bullish price predictions for the crypto token. This time, crypto analyst BarriC has predicted that XRP\u2019s price reaching four figures will undoubtedly happen.\u00a0 XRP Price Will Reach $1,000 At Some Point BarriC explained in an X (formerly Twitter) post why he believes XRP will eventually reach $1,000. He mentioned that no one could have envisaged that Bitcoin would hit $73,000 when it was still trading at $330 in 2016. He also made reference to other crypto tokens like Ethereum, Litecoin, Solana, and Dogecoin, which were trading really low at some point and went on to make significant price gains.\u00a0 Related Reading: Dogecoin Poised For 700% Explosion To $1.17 Amid Recovery In Major Metrics Therefore, he believes a similar pattern could play out with XRP. He noted that XRP was trading way lower than its current price level at some point when it was $0.006 in 2017, and no one imagined it would climb to an all-time high of $3.80. BarriC went on to claim that those saying XRP will never move in price \u201cclearly don\u2019t understand how crypto works.\u201d The crypto analyst added that the \u201cexplosive price action\u201d for XRP will definitely come at some point, and what is important is to have the \u201cfortitude\u201d to hold until that time comes. He also suggested that there was no better time than now to accumulate XRP, stating there is a benefit in accumulating when people either don\u2019t know enough about the crypto or outright hate it.\u00a0 This isn\u2019t the first time that the crypto analyst has predicted that XRP will hit $1,000 at some point. Before now, he mentioned that XRP would hit this price level in the next five to ten years. He explained that this exponential price surge will happen thanks to the amount of money expected to flow into the crypto space.\u00a0 He also alluded to the Spot Bitcoin ETFs and how they helped drive up Bitcoin\u2019s price. He believes something similar can happen for XRP when institutional demand comes for the crypto token through an XRP ETF.\u00a0 XRP Can Only Hit Three Figures At Most XRP YouTuber Moon Lambo has previously suggested that XRP\u2019s price cannot go above three figures. He noted that there isn\u2019t enough liquidity in the world to drive XRP\u2019s price to such heights. He believes that mainstream adoption of XRP and liquidity flow will only cause XRP to rise to three digits, and it will still take \u201cmany market cycles\u201d for XRP to even climb to such a price level. Related Reading: Kickstarting The Bitcoin Bull Run: Expert Says $70,000 Is The Level To Beat XRP possibly hitting three digits brings crypto analyst CryptoBull\u2019s prediction into focus. The analyst recently predicted that XRP can climb to $154, although he didn\u2019t state exactly when this will happen. Meanwhile, crypto analyst JackTheRippler predicted that XRP would rise to $100 when the legal battle between the Securities and Exchange Commission (SEC) and Ripple ended.\u00a0 Featured image from Coinpedia chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":610252,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-610232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here\u2019s 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Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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. 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