What Does The Japanese Bond Gap Have To Do With The XRP Price Reaching $150?

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 pundit Remi has explained the impact that the Japanese Bond gap could have on the XRP price reaching $150. This came as he declared that the rising Japanese 10-bond yield is a good thing for XRP holdersbut bad for the world.  What The Rising Japanese Bond Yield Means For The XRP Price

In an X post, Remi, alluding to the rising Japanese 10-year bond yield, stated that this was a good thing for XRP holders but bad for the globe. He explained that the rising yields will likely prompt the Bank of Japan (BOJ)to raise interest rates, which would cause panic among everyone who borrowed money from Japan at 0% interest. Related Reading Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price 1 day ago

He further remarked that the loan holders will sell their investments to repay their loans, which causes a liquidity crisis. Remi noted that this is where XRP comes into play and “saves the day,” as the reverse Carry Trade will take place, causing the XRP priceto reach between $50 and $150. 

Remi described this as the “price before law,” stating that the XRP price can reach $100 before the CLARITY Actgets passed. He said it all depends on Japan and what they want to do with interest rates. The pundit added that if U.S. President Donald Trump gives them the green light, then this can all unfold in days. 

The pundit also alleged that Japanese banks are waiting for the CLARITY Act to begin using XRP at 100% in Japan. This came as he questioned whether the XRP price surge would precede the CLARITY Act or whether the bill would be signed before the Reverse Carry Trade. He suggested that the Reverse Carry Trade could happen first, as the energy crisis due to the U.S.-Iran warcould force the BOJ to hike rates.  XRP Could Still Reach $1,000

In another X post, Remi stated that the XRP price could reach $1,000 if the altcoin continues to follow the 2017 bull run, when it recorded a surge of over 40,000%. He noted that the altcoin surged 76,000% without any FOMO, institutions, utility, ETFs, or supply shock. The pundit opined that if XRP follows the same trend and gets a 76,000% increase, assuming the bottom is in, then the altcoin could rally above $1,000.  Related Reading Will The XRP Price Crash Further From Here? Major Levels To Watch 2 days ago

He also indicated that an XRP price rally to $1,000 is conservative if one were to add FOMO, institutions, utility, XRP ETFs, and supply shock. Remi advised market participants to take profits at various intervals unless they have the financial means to wait and take risks. “Always remember…Anything can go wrong. Be smart,” he added.

At the time of writing, the XRP price is trading at around $1.33, up over 2% in the last 24 hours, according to datafrom CoinMarketCap. XRP trading at $1.31 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com