XRP to $30? The market veteran says the best entry may be here

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XRP may be on track for one of the biggest price moves in history – but investors will have to wait until tardy 2027 or even 2028 to see it happen.

We have a long road ahead of us

This is the view of market analyst Dr. Cat, who recently identified the price of $1,034 as a compelling long-term buy zone for the token.

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According to the analyst, this price level coincides with the hefty Ichimoku Cloud support zone on the charts, which he believes offers a robust risk-reward setup for patient buyers.

The price he forecasts – Goal $30 – would represent an escalate of approximately 2,600% from XRP’s recent low of $1.09. This kind of move would be one of the largest in the token’s history.

The numbers behind the connection

However, the forecast comes with conditions attached. Dr. Cat’s model assumes XRP I would have to trade at around 12,000 satoshi against Bitcoin, while Bitcoin itself would need to rise to around $250,000. Both would have to happen for the $30 scenario to come to fruition.

The analyst also cautioned that the road there won’t be glossy. If Bitcoin enters a deeper correction, XRP could fall another 50% from current levels – a risk it has acknowledged even while maintaining its bullish long-term outlook.

His analysis on higher time frames suggests that the next major phase of XRP expansion may not begin until September 2027, which means anyone who buys now could face a long consolidation window before any stern growth occurs.

XRPUSD is currently trading at $1.13. Chart: TradingView

XRP final slide

The background to all this is a symbol that has suffered greatly in recent months. Coingecko data shows that XRP is down 18% over the past week, 20% over the past month, and 38% year-to-date. Since its all-time high of $3.65, the token has lost over 60% of its value.

The broader market didn’t facilitate. XRP fell to $1.09 in a pointed correction that also brought Bitcoin down to around $59,000 after trading above $70,000 just a few days earlier.

A pattern recognized by some analysts

Some members of the XRP community view the sell-off differently. The Digital Outlook analyst pointed to similarities between the current market situation and the period following the SEC’s lawsuit against Ripple in December 2020.

Reports indicate that following this filing, XRP dropped to around $0.17 before surging above $1.96 in April 2021 as sentiment changed, an escalate of over 1,000%.

It is not certain whether history will repeat itself. But for Dr. Cat, the $1.034 mark remains his limit — a level he believes gives long-term buyers a solid footing, even if the wait proves long.

Featured image from Unsplash, chart from TradingView

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