XRP Price At $10,000 Is Not A Prophecy: Analyst Shares Simple Framework That Points Higher

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst Luke has declared that an XRP pricerally to $10,000 is not a prophecy, but one that can indeed happen. He shared a framework that breaks down the factors that could drive the altcoin’s rally toward this ambitious target.  Analyst Shares Framework For XRP Price Rally To $10,000

In an X post, Luke stated that an XRP price target of $10,000 is ot a target or prophecy but a thought experiment. He further noted that Ripple is buildingthe infrastructure that makes this outcome possible for the altcoin. The analyst then provided the “simple framework” on how XRP will reach this $10,000 price target.   Related Reading Pundit Explains Why The XRP Price Hitting $100 Isn’t Delusional 1 day ago

First, he predicted that the XRP price would reach between $10 and $25 when liquidity rotates, not because fundamentals had changed, but because attention had shifted. Luke stated that altcoin cyclesstill exist and that speculation still moves first. Furthermore, the analyst predicts that XRP will reach $100 once the altcoin is used rather than discussed. This utility will come in the form of repeatedly serving as the bridge currency for cross-border transactions.

When this happens, Luke believes that velocity begins to matter and that idle liquidity becomes a liability. The next part of the framework is the XRP price rally to $1,000, which the analyst stated will happen when financial infrastructure assumes XRP is there. In this phase, he envisions a scenario in which XRP becomes the backboneof global finance, with no workarounds or substitutes. 

Luke said that at this stage, the system relies heavily on XRP, as removing the altcoin would break the system. He added that the price will reflect dependency, not belief. The final part of the framework is the XRP price rally to $10,000, which he claimed would occur when global capital moves under pressure, prefunding fails at scale, and speed, certainty, and liquidity are non-negotiable.  Another Pundit Shares XRP Thesis

Crypto pundit BarriC, who has always predicted that the XRP price could reach $10,000, has shared his thesis on what will happen as the altcoin rallies to as high as $1 million. He statedthat XRP at $2 equals retail speculation, while a $10 price target is early utility and liquidity growth. At $100 per XRP, the analyst believes that institutional usagewill begin to matter.  Related Reading XRP Price At $10,000 Is Not A Prophecy: Analyst Shares Simple Framework That Points Higher 8 hours ago

Furthermore, BarriC stated that large-scale settlements will reduce the required supply, with the XRP price at $1,000. Meanwhile, the analyst noted that fewer units will be needed to move massive value when the altcoin reaches $10,000. He also predicted that XRP could reach $1 million, noting that at this stage, efficiency will exceed abundance. 

At the time of writing, the XRP price is trading at around $1.86, down almost 2% in the last 24 hours, according to datafrom CoinMarketCap. XRP trading at $1.88 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com