{"id":37855,"date":"2025-07-20T16:18:27","date_gmt":"2025-07-20T16:18:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37855"},"modified":"2025-07-20T16:18:27","modified_gmt":"2025-07-20T16:18:27","slug":"proponent-suggests-the-xrp-price-can-6x-from-here-but-is-it-realistic","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37855","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

\"GwS7w83XQAAWEvf\"<\/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

The post Proponent Suggests the XRP Price Can 6x From Here, But is it Realistic?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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). The popular altcoin managed to take over Tether\u2019s USDT stablecoin for the spot of the third-largest cryptocurrency, currently sitting on a market […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37855","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37855"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37855\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}