Quote from: GigaBit on April 12, 2025, 02:29:03 PM

Quote from: James00009 on April 12, 2025, 01:00:49 AM

XRP has been making a bull flag and is about to breakout, what is your opinion about next leg up price target. $5-$6 reasonable.@MagicPoopCannon on twitter making $17 price target.

At the time when the market is in a positive trend, big returns from altcoins are not impossible. XRP is undoubtedly a good choice for investment but of course there should be a rationale for the price increase. Expecting $2 to $17 is unreasonable at this time. Moreover, price predictions for altcoins are not always at a reasonable level. XRP has reached a high of $3.40 so far and the current price is still far behind the highest level. If we see its new ATH in the upcoming bullish season, then the price of this coin will increase slightly. According to my prediction, I can expect it to reach a maximum of $10 when the next alt season starts. If predictions are not realistic based on current prices and market conditions, then there is no basis for such predictions.

17 dollars for XRP is unreasonable at any point, that is 8x return. Similar to this concept, the same thing for bitcoin would make it a bit closer to 600k dollars for example, you think that is logical? So, we can easily say that it is as close to being impossible as it gets at this moment. Of course who knows what will happen 10 years later but I am talking about just this year and that is why I consider this to be impossible for this year. If we can do a good job then we could make some money with it as well.

So always be careful with predictions because some people are making grand claims. I mean even 8 dollars is unreasonable, because that would mean x4 increase, so that would be 300k+ dollars for bitcoin for example. Compare it that way to understand how unreasonable it is.