<img width="800" height="533" src="https://cdn.thebittimes.com/images/2023/09/30/ee7dcab812428ed58deb59e0bc6d1470.webp" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="1" srcset="https://cdn.thebittimes.com/images/2023/09/30/ee7dcab812428ed58deb59e0bc6d1470.webp 800w, https://cdn.thebittimes.com/images/2023/09/30/ee7dcab812428ed58deb59e0bc6d1470.webp 450w, https://cdn.thebittimes.com/images/2023/09/30/ee7dcab812428ed58deb59e0bc6d1470.webp 750w, https://cdn.thebittimes.com/images/2023/09/30/ee7dcab812428ed58deb59e0bc6d1470.webp 768w" sizes="(max-width: 800px) 100vw, 800px"> 
The current sentiment within the XRP community can be summed up in a single word: “bullish.” This extreme bullishness is fueled by various crypto analysts presenting optimistic scenarios, some even envisioning XRP reaching lofty $10,000. Once again, XRP enthusiasts are gearing up for a potential surge in the altcoin’s value. 
One notable crypto analyst on TradingView, operating under the pseudonym TheLeadingIndicator, has joined the chorus of those anticipating a bullish breakout for XRP. What sets this analyst apart is the long-term perspective, aligning with other bullish narratives in circulation. 
However, TheLeadingIndicator’s outlook differs from some of the more optimistic forecasts. Contrary to the current price of $0.49, the analyst predicts a further decline in <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>’s value. According to this perspective, <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> could drop to as low as $0.3785, followed by a medium-term decline to approximately $0.28, and potentially even lower to around $0.22 before the Bitcoin halving event 2024. 
Looking further into the future, TheLeadingIndicator’s chart reveals a rapid surge, spanning roughly a few years. This surge culminates in a peak around the $25 level, though marks of $28 and $35 are also highlighted. At the very least, this projection suggests that <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a>’s price could skyrocket by up to 5,000% from its current level. 
Although TheLeadingIndicator’s chart lacks a specific timeframe, the response pointed to a target year when another analyst, Brandon29992, pressed on TradingView. Brandon presented his bullish case for <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> crossing $15 in this dialogue. 
TheLeadingIndicator’s counterargument revolves around XRP’s need to dip to the $0.22 level before witnessing any substantial movement. When Brandon highlights his chart’s XRP price projection of around $27, TheLeadingIndicator reveals that “that target is in 2028.” 
For this analyst, the bullishness on the <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> price does not extend beyond this level. According to TheLeadingIndicator, <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> will eventually retrace to trade around the $5.89 level, emphasizing that “the <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> token itself needs a low, stable price to serve its purpose.” 
Another analyst, @Cryptobilbuwoo0, on social media platform X (formerly Twitter), also envisions a double-digit price tag for XRP. This analysis, developed over a month, outlines how XRP’s price could ascend to $39. Unlike TheLeadingIndicator, this forecast plays out within a shorter timeframe. 
The chart on X illustrates a bullish rally starting in 2024 and continuing until it reaches $39. The projection extends into 2025, suggesting a price as high as $375 before eventually settling back into double-digit territory 
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The post Divergent Views on <a rel="noopener noreferrer nofollow" title="XRP" href="https://thebittimes.com/tag/xrp.html">XRP</a> Price: From $10,000 Dreams to $0.22 Realities appeared first on BitcoinWorld. 
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/divergent-views-on-xrp-price-from-10-000-dreams-to-0-22-realities-tbt64603.html">https://thebittimes.com/divergent-views-on-xrp-price-from-10-000-dreams-to-0-22-realities-tbt64603.html</a>

Divergent Views on XRP Price: From $10,000 Dreams to $0.22 Realities

TheBitTimes

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