A popular crypto pundit has examined a forecast by XRP enthusiast, Edward Farina, who predicted the XRP price could reach $10,000 if the Ripple network replaces SWIFT and takes full control of the cross-border payments system.&nbsp; 
<h2 id="analyst-cautions-xrpprice-forecast">Analyst Cautions XRP&nbsp;Price Forecast</h2> 
Crypto analyst, the Modern Investor, has released a lengthy <a href="https://youtu.be/BezcBcKDrHY?si=4WuoKq-i9GwZOG38" rel="nofollow noopener" target="_blank">YouTube video</a> presenting his views on a recent XRP price prediction made by Edward Farina, an XRP enthusiast and the CEO of Alpha Lions Academy. 
Earlier in November, Farina predicted that the <a href="https://bitcoinist.com/can-xrp-price-reach-50-crypto-analyst-predicts-massive-move/">price of XRP</a> could soar to $10,000 if the Ripple Network takes over SWIFT, a global messaging network used by banks. Farina’s forecast hinges on <a href="https://bitcoinist.com/ripple-sets-sights-on-300trillion-payment-sector/">Ripple’s value as a global payments network </a>that offers faster, inexpensive, and more scalable services than Bitcoin.&nbsp; 
In the YouTube video, the Modern Investor expressed skepticism about the likelihood of <a href="https://bitcoinist.com/xrp-price-cross-10000/">XRP reaching $10,000 in a few years, </a>suggesting that reaching the five-figure milestone would likely take two decades for the cryptocurrency. He further stressed his evaluation in an X post after a member asked him why he thought XRP could attain a <a href="https://bitcoinist.com/xrp-price-at-470/">price of $10,000</a> in “decades.” 
“The supply. There are 100 billion XRP &amp; 120 Million ETH. It will take decades for the XRP supply to burn low enough for it to be able to hit a 5 figure sum. It’s unrealistic to think that XRP would absorb 40 quadrillion dollars worth of the value of the M1,2,3 supply in only 10 years,” the Modern Investor stated.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/GRUZEbOR/" alt="XRP price chart from Tradingview.com ($10,000 crypto analyst)" width="2650" height="1530"> 
<h2 id="farina-asserts-no-warning-signals-from-fed">Farina Asserts No Warning Signals From FED</h2> 
In a recent <a href="https://x.com/edward_farina/status/1730932452401545520?s=46" rel="nofollow" target="_blank">X post</a>, Edward Farina cautioned the crypto community against expecting advance notice from the <a href="https://bitcoinist.com/xrp-cbdc-us-fed-questionnaire/">Federal Reserve (FED)</a> regarding a potential transition to XRP Ledger for the digital dollar.&nbsp; 
“Don’t think that the FED will warn you that they will run the digital dollar on XRP Ledger so that you have time to buy and get on the train. Neither the BIS nor IMF about any ongoing NDAs w/ Ripple. This news will be sudden. When the information comes out it will already be too late. And most of you still believe that XRP will top out at $10,” Farina stated.&nbsp; 
Over the years, Farina has been a constant advocate for XRP, consistently highlighting the evolutionary changes <a href="https://bitcoinist.com/ripple-releases-1-billion-xrp-from-escrow-reserve/">Ripple</a> could bring to the global financial system if the network is <a href="https://bitcoinist.com/xrp-disrupt-payments-industry/">incorporated completely into banking systems.&nbsp;</a> 
The XRP enthusiast has stated that XRP far outperformed the SWIFT technology used by banks in terms of efficiency and speed. “SWIFT ISN’T FAST ENOUGH” SWIFT days are counted. XRP Ledger moves money faster and cheaper than archaic SWIFT,” Farina stated.&nbsp; 
Farina also asserts a considerable bullish position for the XRP price if the Ripple Network becomes a substitute for the FED’s SWIFT. He <a href="https://x.com/edward_farina/status/1731760239744033075?s=46" rel="nofollow" target="_blank">revealed in a post</a> that the crypto market was primarily dependent on supply and demand and XRP price could become 100x higher due to its growing value, utility, and support from veteran companies.

Crypto Analyst Sheds Light On When The XRP Price Will Reach $10,000

Table of Contents

Bitcoinist

Other articles published on Dec 5, 2023

Bitcoin adoption on the rise as BTC prices briefly touch $42K

Cathie Wood Led Ark Invest Dumps $1.4M Worth Coinbase Shares

Terraform Labs fails to halt class action lawsuit

Ripple’s XRP Price Rises with Partial Legal Victories

Microsoft’s Seeing AI App Debuts on Android, Opening New Doors for the Visually Impaired

GTA VI Trailer Leaked Early With Giant “Buy $BTC” Caption

Join our free newsletter for daily crypto updates!