XRP Whales Go All-In On Altcoin Dip, Calling Sub-$2 Prices A ‘Gift’

Source Newsbtc

XRP climbed more than 7% in a single day, jumping from about $1.92 over the weekend to $2.20 today. Traders say Bitcoin’s move back above $106K gave altcoins a breather after a rough patch. That lift sent XRP bulls into a frenzy and set off fresh chatter about how high the coin could go.

XRP Whales Loading Up Under $2

According to Crypto Bitlord, big players made their move when XRP dipped below $2. He called those dips a “gift” for anyone who believes in a $7 target. That kind of confident talk can spark FOMO fast. When whales buy millions of dollars’ worth of XRP, smaller investors want in, too.

Bullish Targets In Sight

Based on reports from social channels, Crypto Bitlord reckons XRP’s next stop is $7—and he doesn’t expect the price to fall below $2 again. In his words, “Not in this lifetime.” To reach $7 from today’s level, XRP needs to climb about 210%. That jump would lift its market cap above $410 billion and push its fully diluted cap near $700 billion.

ETF And Institutional Buzz

A growing number of spot XRP ETF applications has fed more optimism. Bitcoin analyst George Tung put an $8 price tag on XRP for year-end, calling that a safe estimate. Crypto analyst Bearable Bull agreed on $8, saying it’d mark the start of a new chapter. Some even think $10 is too low. All this buzz is a sign that institutions are eyeing XRP hard.

Legal Clarity And Market Moves

Meanwhile, regulatory decisions will play a big part in whether belief turns into reality. XRP’s long fight with regulators has hung over it for years. If courts give a clear green light, we could see similar jumps in other tokens. If not, bulls may have to wait even longer.

Investors shouldn’t count on instant fireworks just because someone yells “$7.” It takes real-world adoption, legal wins, and big-money backing to push prices that high. Markets have surprised us before. This time, though, faith will only go so far without solid proof.

Overall, today’s rally shows how much belief drives crypto moves. People buy with their guts as much as their brains. XRP’s next chapters will depend on both confidence and concrete wins.

Featured image from Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
A Crash After a Surge: Why Silver Lost 40% in a Week?TradingKey - Spot Silver ( XAGUSD) prices have continued to decline; on Thursday, silver plummeted as much as 20% to break below $71 per ounce, and on Friday the sell-off intensified as prices fell fu
Author  TradingKey
Feb 06, Fri
TradingKey - Spot Silver ( XAGUSD) prices have continued to decline; on Thursday, silver plummeted as much as 20% to break below $71 per ounce, and on Friday the sell-off intensified as prices fell fu
placeholder
Bitcoin is trading around $63,000, down nearly 40% from its peak near $126,000Wall Street desks are no longer talking about upside dreams. The talk right now is how far Bitcoin charts could fall if selling keeps piling up. According to data from TradingView, Bitcoin’s price now sits at a shocking $63,500, after falling from $70,000 just this morning, losing $13,000 in 6 days, and staying far below […]
Author  Cryptopolitan
Feb 06, Fri
Wall Street desks are no longer talking about upside dreams. The talk right now is how far Bitcoin charts could fall if selling keeps piling up. According to data from TradingView, Bitcoin’s price now sits at a shocking $63,500, after falling from $70,000 just this morning, losing $13,000 in 6 days, and staying far below […]
placeholder
WTI declines below $63.00 as US-Iran talks loom West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.85 during the Asian trading hours on Friday. The WTI price declines after the United States (US) and Iran agreed to hold talks in Oman on Friday. 
Author  FXStreet
Feb 06, Fri
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.85 during the Asian trading hours on Friday. The WTI price declines after the United States (US) and Iran agreed to hold talks in Oman on Friday. 
placeholder
Bitcoin Surrenders $65,000 as Analysts Warn of ‘Structural’ Market BreakBitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
Author  Mitrade
Feb 06, Fri
Bitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
placeholder
Bitcoin Drops to $70,000. U.S. Government Refuses to Bail Out Market, End of Bull Market or Golden Pit? The U.S. government refuses to bail out Bitcoin, and with Fed rate cuts nowhere in sight, a continued downward trend to test for a bottom is likely after a brief rebound.During the mid-da
Author  TradingKey
Feb 05, Thu
The U.S. government refuses to bail out Bitcoin, and with Fed rate cuts nowhere in sight, a continued downward trend to test for a bottom is likely after a brief rebound.During the mid-da
goTop
quote