CandleFocus Researcher Suggests XRP to Reach $100 if It Captures 10% of SWIFT’s Daily Volume
2024-09-16
Author: Content Editor
Recently, there has been speculation within the XRP community about the potential future price of XRP. Self-described crypto researcher Crypto Tank mentioned that XRP could reach $100 if it captures just 10% of the daily transaction volume handled by SWIFT. This $100 price target has gained attention in the community, with different individuals providing reasons for their projections. Market analyst Javon Marks and others have also projected this target based on historical data and technical tools. However, Crypto Tank caution community members about relying too much on price predictions from cryptocurrency chartists. Despite the ambitious price targets, he believes most forecasters lack a deep understanding of market factors. The idea of XRP reaching $100 based on capturing 10% of SWIFT's daily transaction volume triggered different reactions within the XRP community. Some critics pointed out the contradiction between dismissing chartists' predictions while speculating on XRP's future price. Others argued for the importance of charting, even if it is based on limited historical data for cryptocurrencies.
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