![]() NCash’s long-term bullish outlook on XRP is hinged on the latest developments surrounding Ripple and XRP. He further asserted that market participants might still see the asset drop to the level between $0.20 and $0.30, but he sees this as another opportunity to procure the asset. However, the analyst sees a silver lining to this bearishness, stressing that it allows investors to procure XRP at a discount – specifically under the $0.50 price point. He raised the question of the current value of XRP if the lawsuit had not occurred. NCash emphasized that the SEC’s lawsuit, which began in December 2020, exerted immense pressure on XRP’s price action. The SEC suppressed price action greatly on XRP. If you were around in 2020, then you probably know of the historical $XRP $20-$30 price predictions.Īlthough they never morphed into reality, I do believe we will see a double digit #XRP eventually. ![]() Although they never morphed into reality, I believe we will see a double-digit XRP eventually,” the market watcher remarked. “If you were around in 2020, you probably know the historical XRP $20-$30 price predictions. ![]() NCash made this remark today while highlighting the state of the XRP market, especially as influenced by factors such as the prevalent bear market and the ongoing legal battle between Ripple and the US SEC. NCash, a prominent crypto YouTuber and market watcher, called attention to this bearish turn of events but asserted that the asset would eventually hit a double-digit price. XRP is currently a long way from hitting the price predictions of $20 to $30 made by analysts back in 2020.
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