An XRP skeptic anticipates a price increase exceeding $20, even while expressing doubts personally—though technical charts suggest a contrasting outlook.

A well-known critic of XRP has forecasted that the cryptocurrency might experience a significant increase, potentially exceeding $20 this cycle. However, members of the XRP community are skeptical of his abrupt change in stance, especially since he had recently suggested that the asset might plummet to zero. The analyst, Davinci Jeremie, noted that XRP appears to be heading towards a positive turnaround. He believes that the asset will initially break through the $3 resistance level before embarking on the anticipated surge to reach a new all-time high. At the same time, the analyst has openly stated his dislike for XRP and continues to criticize it. He states that his personal opinions do not interfere with the signals provided by the charts and their future direction. Personally, I am not in favor of XRP and consider it to be a poor choice as a cryptocurrency. Nonetheless, technical analysis is indifferent to my views. At present, XRP is priced at $2.39, having dropped by 0.2% in the past 24 hours and 1.36% over the last week. Jeremie suggests that XRP may reach a value of $20 from its current position, which would likely increase its market capitalization to over $2 trillion. Simultaneously, a different analyst predicts that XRP might reach $38. In our previous post, we mentioned that the analyst suggested the asset could adhere to a historical trend. Jeremie points out that the market often takes a direction that defies reason. He has also previously expressed criticism regarding XRP.

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