{"id":34471,"date":"2025-07-20T17:35:25","date_gmt":"2025-07-20T17:35:25","guid":{"rendered":"https:\/\/financialrush.com\/?p=34471"},"modified":"2025-07-20T17:35:25","modified_gmt":"2025-07-20T17:35:25","slug":"proponent-suggests-the-xrp-price-can-6x-from-here-but-is-it-realistic","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=34471","title":{"rendered":"Proponent Suggests the XRP Price Can 6x From Here, But is it Realistic?"},"content":{"rendered":"

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Ripple\u2019s XRP made headlines throughout the past few days, charting massive gains day after day and ultimately achieving a new all-time high earlier in the week (it\u2019s debatable but most market participants agree).<\/p>\n

The popular altcoin managed to take over Tether\u2019s USDT stablecoin for the spot of the third-largest cryptocurrency, currently sitting on a market capitalization of around $208 billion.<\/p>\n

Now, analysts are racing to predict its next move as social media chatter is peaking.<\/p>\n

Can XRP 6x From Here?<\/h2>\n

John Squire, a well-known XRP proponent and a frequent price commentator, spotted a supposedly similar structure in the cryptocurrency\u2019s trading chart on the bi-weekly time frame.<\/p>\n

According to him, some 36 weeks ago, the altcoin followed a similar structure and increased by a factor of 6x.<\/p>\n

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If history rhymes, we might be in for another rocket. \u2013 said Squire.<\/p>\n<\/blockquote>\n

<\/a>
Source: X<\/a><\/figcaption><\/figure>\n

Is it realistic, though, and what would it take? Well, the first and most obvious requirement would be for XRP to achieve a market cap of around $1.2 trillion (given no new tokens float) \u2013 around three times that of Ethereum.<\/p>\n

On top of that, there would have to be constant buy-side liquidity to the tune of hundreds of millions, if not billions of dollars at current levels of market liquidity. Just for example, a 2% move in XRP\u2019s price would require unmatched buying worth over $12 million on Binance, which accounts for around 14% of XRP\u2019s total trading volume.<\/p>\n

XRP Prepares For Another Move?<\/h2>\n

In reality, XRP\u2019s volume is down 15% over the past 24 hours and the cryptocurrency is seemingly consolidating for the past couple of days.<\/p>\n

As\u00a0CryptoPotati\u00a0<\/em>reported<\/a>, Thumzup Media Corporation \u2013 a Nasdaq-listed firm, has approved a $250 million investment plan to expand its crypto holadings. It will be incorporating altcions such as XRP, ETH, SOL, DOGE, and LTC.<\/p>\n

Popular analyst Lark Davis, meanwhile, seems<\/a> to be of the opinion that if XRP is able to steady its price action above $3, it could surge to $4.1 or $4.5 \u2013 or, in other words \u2013 \u201cbonkers territory.\u201d<\/p>\n

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<\/p><\/div>\n\n
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