Prominent Bitcoin pundit Davinci Jeremie has released a bullish outlook for XRP despite his long-standing reservations about the token.
In a tweet, Jeremie admitted that XRP was on track to “go a lot higher.” First, he noted that he expects XRP to surpass the $3 price point soon.
While Jeremie stressed that he is not a fan of XRP and remains a critic of the token, he clarified that his personal feelings about the coin do not interfere with what technical analysis suggests regarding its future trajectory.
“I’m not a fan of XRP, and I believe XRP is a bad idea as a cryptocurrency. However, technical analysis doesn’t care about my opinions,” Jeremie said.
XRP Could Surpass $20
At press time, XRP is trading at $2.39, having dipped by 12% over the past month. Despite this, Jeremie believes that XRP could see much higher levels soon. Specifically, he suggested the possibility of XRP reaching as high as $20.
While this lofty price would place XRP’s market cap at $2 trillion, Jeremie emphasized that it’s a possibility, noting, “The market doesn’t always follow logic.” He further added that XRP could even surpass $20 in the future, remarking that “the market has a way of surprising us.”
Jeremie’s renewed bullish stance on XRP, paired with his skepticism about the coin, has sparked significant reactions from members of the XRP community.
XRP Army Reacts
Many members of the XRP community mocked his prediction, considering his long history of spreading fear, uncertainty, and doubt about the token.
XRP advocate Panso Mekras, co-founder of Anodos Finance, humorously remarked:
“Ahahaha, just admit you’ve bought the hell out of XRP, and now you understand how wrong you were about the best digital asset ever created.”
Community member Amity pointed out that Jeremie had once predicted XRP would go to zero, and now he’s saying it could reach $20. Similarly, King Karan jokingly told Jeremie to stop talking about XRP at this point, saying:
“You keep jumping from attacking it to becoming bullish for the past 8 years.”
Others accused him of using XRP to gain views with his periodic shifts between bullish stances and skepticism.
However, some community members supported his bullish prediction. They emphasize that XRP is bullish on various indicators beyond technical analysis.
https://twitter.com/GenslerResign/status/1903339536723189856
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