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Analyst Charts XRP Path to €702, But it Will Touch These Prices First

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  • Influencer JackTheRippler shared a video forecasting that XRP could reach €702.50 by 2026.
  • The prediction outlines hypothetical buy and sell signals without supporting analysis.
  • Experts caution that such speculative targets are unrealistic given current market conditions.

Popular crypto commentator, JackTheRippler, shared an eye-catching video suggesting XRP could reach €702.50 by 2026. The projection, posted on social media, laid out a series of hypothetical price movements and trading signals intended to map a potential path to this astronomical target.

Dramatic Price Sequence Outlined in Viral Video

JackTheRippler’s video begins by depicting XRP’s starting value at €2.40 before forecasting a dip to €2.13 three days later, accompanied by a suggested buy signal. The speculative sequence then shows XRP surging to €7.60 within a week, prompting a sell recommendation, before dropping to €3.40 at the two-week mark with another buy cue.

According to the video, XRP could then rally to €29.50 seven months from now, encouraging a further buying position. Finally, in the most striking projection, XRP is shown reaching €702.50 by 2026 with the word “Rich” splashed across the screen, implying massive potential profits for those following the hypothetical trading strategy.

Also Read: US Treasury Secretly Tied to XRP Escrow? Shocking Claim Resurfaces Again

However, JackTheRippler did not share any technical or macroeconomic analysis to back these figures, nor was a methodology provided. The post appears largely speculative and intended to illustrate a bullish scenario for XRP rather than deliver a research-based forecast.

Community Response Reflects Cautious Optimism

The bold prediction has drawn mixed reactions among XRP holders and crypto traders. One user, posting under the handle “Speechless Mia,” acknowledged the excitement around the forecast.

However, she cautioned that such extreme price targets are unlikely in the near term, reflecting a sentiment echoed by many who believe in XRP’s potential but remain realistic about market headwinds.

Another user, Caspian, challenged the projection, noting that forecasting doesn’t build the project’s future, but systems do. Additionally, he emphasized that XRP is not a projection; rather, it is an “infrastructure quietly gaining real-world leverage.” His comment underscores the need for basing expectations on facts rather than speculations.

Meanwhile, several community members pointed out that similar speculative forecasts have circulated in past market cycles. Some noted that exaggerated price targets can attract retail investors who may not fully grasp the risks inherent in highly volatile crypto assets.

Analysts Urge Skepticism Toward Unrealistic Targets

Experts warn investors to approach ambitious predictions with caution. In a recent commentary, analysts at CoinMetrics highlighted that even during major bull markets, large-cap cryptocurrencies rarely deliver multi-hundred-fold returns in a short timeframe.

They emphasized that achieving a price near €700 would require XRP’s market capitalization to eclipse not only Bitcoin’s all-time high valuation but also challenge the size of the entire current crypto market.

As a point of comparison, XRP’s highest recorded price remains below $4, reached during the 2017–2018 bull run, and the token has yet to reclaim those levels despite recent bullish momentum following Ripple’s legal wins in the U.S.

Conclusion: Speculation vs. Reality

While speculative forecasts like JackTheRippler’s video can generate excitement and conversation within the crypto community, experts stress the importance of distinguishing between conceptual scenarios and price targets grounded in technical analysis or economic fundamentals.

For investors, remaining vigilant about the risks of chasing extreme price predictions remains critical as the crypto market matures and becomes increasingly influenced by broader macroeconomic trends.

Also Read: Wall Street Just Got Paid in Solana: New ETF Offers 7.3% Staking Rewards

The post Analyst Charts XRP Path to €702, But it Will Touch These Prices First appeared first on 36Crypto.

3h ago
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