XRP To $30? Market Veteran Says The Best Entry May Be Here

Source Newsbtc

XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out.

A Long Road Ahead

That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token.

According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the charts, which he sees as offering a strong risk-to-reward setup for patient buyers.

The price he’s projecting – the $30 target – would represent a gain of roughly 2,600% from XRP’s recent low of $1.09. That kind of move would rank among the largest in the token’s history.

The Numbers Behind The Call

The forecast, however, comes with conditions attached. Dr Cat’s model assumes XRP would need to trade at around 12,000 satoshis against Bitcoin, while Bitcoin itself would have to climb to approximately $250,000. Both would need to happen for the $30 scenario to materialize.

The analyst also warned that the path there won’t be smooth. If Bitcoin falls into a deeper correction, XRP could drop another 50% from current levels — a risk he acknowledged even while holding his bullish long-term view.

His higher-timeframe analysis suggests the next major expansion phase for XRP may not begin before September 2027, meaning anyone who buys in now could be sitting through a long consolidation window before any serious upside kicks in.

XRP’s Recent Slide

The backdrop for all this is a token that has taken a hard hit in recent months. Based on data from Coingecko, XRP is down 18% over the past week, 20% over the past month, and 38% year-to-date. From its all-time high of $3.65, the token has shed more than 60% of its value.

The wider market hasn’t helped. XRP dropped to $1.09 during a sharp correction that also dragged Bitcoin down to around $59,000 after it had been trading above $70,000 just days earlier.

A Pattern Some Analysts Recognize

Some in the XRP community see the selloff differently. Analyst Digital Outlook has pointed to similarities between current market conditions and the period following the SEC’s lawsuit against Ripple in December 2020.

Reports indicate XRP fell to around $0.17 in the aftermath of that filing, only to surge past $1.96 by April 2021 as sentiment shifted — a gain of more than 1,000%.

Whether history repeats is far from guaranteed. But for Dr. Cat, the $1.034 zone remains his line in the sand — a level he believes offers long-term buyers a solid base, even if the wait turns out to be a long one.

Featured image from Unsplash, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns BearishThe XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are
Author  NewsBTC
Jun 05, Fri
The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are
placeholder
Has The Bitcoin Crash Ended After Falling Below $70,000?Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this
Author  NewsBTC
Jun 05, Fri
Bitcoin (BTC) has crashed below $70,000, underperforming the already weak crypto market as selling pressure tests price action. Market analyst Crypto Patel noted that he had anticipated this
placeholder
Apple to use Google's Nvidia processors for planned Siri revampTech giant Apple is furthering plans to power its Siri assistant revamp using Nvidia’s Blackwell B200 processors hosted in Google’s data centers, which points to a U-turn from the company’s regular strategy of having control over its entire tech stack. The announcement is expected to come alongside a preview of iOS 27 and the initial...
Author  Cryptopolitan
Jun 05, Fri
Tech giant Apple is furthering plans to power its Siri assistant revamp using Nvidia’s Blackwell B200 processors hosted in Google’s data centers, which points to a U-turn from the company’s regular strategy of having control over its entire tech stack. The announcement is expected to come alongside a preview of iOS 27 and the initial...
placeholder
SpaceX IPO draws record Wall Street fanfare, but valuation math gives analysts pauseSpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near $1.75 trillion.  With more than 555 million Class A shares set to be listed at $135 each, with the aim of raising roughly $75 billion, there’s not a shortage of opinions on whether investors should...
Author  Cryptopolitan
Jun 05, Fri
SpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near $1.75 trillion.  With more than 555 million Class A shares set to be listed at $135 each, with the aim of raising roughly $75 billion, there’s not a shortage of opinions on whether investors should...
placeholder
XRP Ledger 3.2.0 nears launch as core system shifts from rippled to xrpld The XRP Ledger is preparing for one of its most significant infrastructure updates yet, as version 3.2.0 moves closer to mainnet deployment. This comes alongside a rebranding of its core server software from “rippled” to “xrpld.” According to recent developer updates and XRP Ledger Operations announcements, the upcoming release is part of a broader effort...
Author  Cryptopolitan
Jun 05, Fri
The XRP Ledger is preparing for one of its most significant infrastructure updates yet, as version 3.2.0 moves closer to mainnet deployment. This comes alongside a rebranding of its core server software from “rippled” to “xrpld.” According to recent developer updates and XRP Ledger Operations announcements, the upcoming release is part of a broader effort...
goTop
quote