Bitcoin OG Who Told People To Buy BTC At $1 Reveals How High XRP Price Will Go

Date:

Share post:


The crypto market is paying close attention after one of the most famous early Bitcoin voices shared a bold view on XRP. Davinci Jeremie, who gained notoriety for advising people to buy Bitcoin at just $1 back in 2013, has now issued a strong forecast for XRP, noting that the token’s chart displays a healthy structure and a bullish pattern. 

Davinci Jeremie Maps XRP Price Path To $4.93 With Fibonacci Levels

In his detailed breakdown, Jeremie focused on XRP’s recent movements and the structure forming on its chart. He pointed to a clear W-shaped pattern as a bullish signal. According to him, the market action that pushed XRP higher in recent weeks appeared to be organic, with genuine investor activity providing support rather than artificial manipulation.

Related Reading

Jeremie explained that he used the Fibonacci extension levels to calculate possible price targets for XRP. He said the 1.618 level comes in at 4,555 Chilean pesos, but he believes the token could go slightly higher. His projection puts the token at 4,761 pesos, which converts to about $4.93.

If this outlook materializes, XRP would not only maintain its current momentum but also surpass its previous all-time high of $3.65, which it met in July of this year. According to the analyst, XRP’s earlier moves in late 2024 appeared forced, with extreme jumps that raised doubts, but this newest action looks more natural and could carry further implications. He emphasized that the chart math and price behavior support the path to further bullish growth, while the token’s structure itself demonstrates clear strength.

Bitcoin Maximalist Turns Bullish On XRP’s Market Structure

What makes this analysis stand out even more is who it is coming from. Davinci Jeremie has long been regarded as a strong supporter of Bitcoin, often described as a Bitcoin maximalist. His early call for people to buy BTC when the price was at only $1 has given him lasting credibility in the cryptocurrency space. For that reason, his positive comments on XRP are being taken very seriously by many in the market.

Related Reading

Jeremie emphasized that XRP’s moves from January to June formed a clean W formation on the weekly chart. He explained how the token reached a high of $ 3.40 in January, dropped to around $2.11 in April, rebounded to $2.60 in May, declined to near $2 in June, and then rallied strongly to surpass its January high. That sequence, he said, completed the pattern and opened the door for more gains.

His change of tone shows that a strong market structure can override token bias. Even for someone who has close ties to Bitcoin, the health of XRP’s current chart was enough to spark a bullish outlook. Jeremie’s analysis suggests that more investors may start looking at XRP differently, seeing it as an asset with room to grow beyond old expectations. 

XRP price chart from TradingView.com (Bitcoin OG)
Momentum stalls with market lull | Source: XRPUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Digital Payment Calculator | WikiFinancePedia

If they want to know how much it will cost and how fast they can process payments,...

Communicating The Value Of Financial Planning That Clients Don’t Come For In The First Place: Kitces & Carl 186

Financial advisors often describe their value in terms of investment performance, tax efficiency, or comprehensive planning. Yet,...

If one trader can force the outcome of a prediction market, it shouldn’t be tradable

As platforms such as Polymarket gain mainstream visibility during U.S. election cycles and major geopolitical events, their...

Fidelity Requests More Clarity From SEC on Tokenized Assets and DeFi

Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to...
Verified by ExactMetrics