{"id":1028,"date":"2024-10-28T19:13:05","date_gmt":"2024-10-28T19:13:05","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/seasoned-trader-eyes-35-for-xrp-says-its-not-as-crazy-as-it-sounds\/"},"modified":"2024-10-28T19:13:05","modified_gmt":"2024-10-28T19:13:05","slug":"seasoned-trader-eyes-35-for-xrp-says-its-not-as-crazy-as-it-sounds","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/seasoned-trader-eyes-35-for-xrp-says-its-not-as-crazy-as-it-sounds\/","title":{"rendered":"Seasoned Trader Eyes $35 For XRP, Says It\u2019s Not As Crazy As It Sounds"},"content":{"rendered":"

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market.<\/p>\n

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>\n

Another 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

\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>\n<\/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

Hitting $35 Feasible?<\/strong><\/h2>\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

\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>\n<\/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

<\/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>\n

\"\"<\/p>\n

Drawing Inspiration From Ethereum<\/strong><\/p>\n

Other market observers also agree that a double-digit price for XRP is realistic, citing the possible price upsurge for Ethereum.<\/p>\n

Although they are predicting a price of $35, they believe that the altcoin can experience a price hike and hit anywhere above $10.<\/p>\n

At the time of writing, XRP is being traded at $0.5159<\/a>, which is slightly up by 0.3% in the last 24 hours, data from CoinMarketCap shows.<\/p>\n

Featured image from Trackinsight, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A well-experienced trader recently got significant attention after making a bold statement that an XRP price hike could be somewhere between $30 to $35 based on his assumptions of the market. Critics slammed his forecast, but Ralston Maximus, a seasoned investor, defended that the predicted price of XRP climbing to $35 is reasonable. XRP: A…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[34,36,33,64,66,44,40],"class_list":["post-1028","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-crypto","tag-cryptocurrency-market-news","tag-eth","tag-ethereum","tag-ripple","tag-xrp"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/1028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=1028"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/1028\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=1028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=1028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=1028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}