Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable.<\/p>\n
XRP: A \u2018Ridiculous\u2019 Target?<\/strong><\/h2>\nAnother trader expressed his skepticism on the possibility that XRP could have such exponential price growth.<\/p>\n
In a post, @Phoddler was left in awe of disbelief at Maximus\u2019 price assumption on XRP, calling it a \u201cridiculous\u201d target.<\/p>\n
According to @Phoddler, based on his estimates, the price target is simply unattainable.<\/p>\n
He accused Maximus of proliferating price targets that are excessively optimistic, adding that it could harm the lives of investors who will believe in such exaggerated price predictions.<\/p>\n
\nReality is, it was never looking to break out, thers it much more chance of seeing 30 cent than $7<\/p>\n
\u2014 MXRP (@phoddler) October 22, 2024<\/a><\/p><\/blockquote>\nHe argued that it is more realistic to predict a price hike of $0.30, insisting that a $30 to $35 hike or even an increase of $7 might sound unreal.<\/p>\n
Hitting $35 Feasible?<\/strong><\/h2>\nMaximus remained firm in his bold assumptions about XRP, saying that he is only telling the truth and being honest about a possible breakout for the digital asset.<\/p>\n
\nHow the fuck is $30-35 a ridiculous target? It\u2019s the larger measured move $30-35. $7 is the smaller measured move. I\u2019m a trader with my one long term bag $xrp<\/a>. We got bent up until breakout. The difference is I\u2019m honest about it. Missed opportunity is missed opportunity. U Fk. https:\/\/t.co\/SGXARjCNmt<\/a><\/p>\n\u2014 Maximus Prime (@RalstonMax) October 22, 2024<\/a><\/p><\/blockquote>\nHe explained that the target is not ridiculous since the $30 to $35 price target represents the most optimistic outlook or as he describes, \u201cThe larger measured move.\u201d<\/p>\n![](\"https:\/\/www.tradingview.com\/x\/eNNK5VyJ\/\")
XRP is currently trading at $0.51. Chart: TradingView<\/a><\/figcaption><\/figure>\nOn the other hand, the price target of $7 is also not irrational because the figure is the conservative assumption for the price rally, adding that the target will remain as a vision until the breakout finally occurs.<\/p>\n
He also defended that he is a long-term XRP trader and has great confidence in the future of the crypto.<\/p>\n
Reality is, it was never looking to break out, thers it much more chance of seeing 30 cent than $7<\/p>\n
\u2014 MXRP (@phoddler) October 22, 2024<\/a><\/p><\/blockquote>\n He argued that it is more realistic to predict a price hike of $0.30, insisting that a $30 to $35 hike or even an increase of $7 might sound unreal.<\/p>\n Maximus remained firm in his bold assumptions about XRP, saying that he is only telling the truth and being honest about a possible breakout for the digital asset.<\/p>\n How the fuck is $30-35 a ridiculous target? It\u2019s the larger measured move $30-35. $7 is the smaller measured move. I\u2019m a trader with my one long term bag $xrp<\/a>. We got bent up until breakout. The difference is I\u2019m honest about it. Missed opportunity is missed opportunity. U Fk. https:\/\/t.co\/SGXARjCNmt<\/a><\/p>\n \u2014 Maximus Prime (@RalstonMax) October 22, 2024<\/a><\/p><\/blockquote>\n He explained that the target is not ridiculous since the $30 to $35 price target represents the most optimistic outlook or as he describes, \u201cThe larger measured move.\u201d<\/p>\n On the other hand, the price target of $7 is also not irrational because the figure is the conservative assumption for the price rally, adding that the target will remain as a vision until the breakout finally occurs.<\/p>\n He also defended that he is a long-term XRP trader and has great confidence in the future of the crypto.<\/p>\nHitting $35 Feasible?<\/strong><\/h2>\n
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