Ripple Will Reach $1000 In 10 Years

Last year, an anonymous insider Bearableguy123 made a forecast regarding the future price of Ripple’s XRP which seemed to be unrealistic: $589. This time, another trader whose nickname is AinisSpainis is talking about even more exciting scenario. According to him, XRP has chances to reach $1000 in the long run.

At the moment, the crypto currency is traded at the level of 33 cents, it increased 5.6% over the last 24 hours. However, AinisSpainis believes that XRP can increase 33 000% from the level of its historical maximum, so that it will reach approximately $1000.

Truth Or Myth?
These numbers aren’t generated by the trader’s imagination, the forecast is based on technical analysis. AinisSpainis used Fibonacci levels to determine the new peak level of Ripple. He also warns that this scenario can come true in the following 3-10 years.

It’s not just a forecast of one more fanatic. The final goal can be found on the graphic due to Fibonacci lines built basing on the price movement to the current historical maximum. This method has been 100% effective since the first days of Ripple’s existence. It will need to overcome a lot of difficulties to reach the goal, but it is reachable. No timeframes – it may take from three to ten years or even more.

The trader was overwhelmed with sarcastic comments, however, he doesn’t think that his forecast is “a joke”.
When Ripple price was less than 1 cent, reaching $3 seemed to be an illusion.
If XRP reaches $1000, its capitalization will exceed $40 trillion.