A Notable Market Commentary on XRP

A notable market commentator has asserted that many will regret not buying XRP today in the next half-decade.

This assertion comes from John Squire, a media personality and self-acclaimed key opinion leader (KOL). His commentary emerges during a time when XRP is struggling amid persistent bearish price action that has dominated the crypto market.

For context, the global crypto market cap has lost over $1 trillion since January 20 due to this turbulent phase, with Bitcoin battling at $80,000. XRP has also suffered, with its valuation dropping from a peak of $195 billion in mid-January to a current $133 billion, reflecting a loss of $62 billion.

At present, XRP’s price hovers around the $2.3 mark. Yet, market commentators like Squire believe XRP is on track for a significant uptrend in the future. This favorable sentiment likely arises from increasing regulatory clarity and its impressive performance from Q4 2024.

“Everyone Will Wish They Had Bought XRP”

According to Squire, by 2030, everyone will wish they had bought XRP today. Notably, many analysts argue that the ongoing correction presents a fantastic opportunity for market participants to acquire XRP at a discounted price before an eventual surge.

To illustrate, XRP experienced a similar discount during the COVID-influenced crash in 2020, where it fell to a local bottom of $0.1140 in March, offering a significant entry point for investors. Individuals who invested $50,000 at that time accumulated about 438,596 tokens, which are now worth approximately $1,008,771 despite the current market downturn.

Squire believes the ongoing downtrend offers a similar opportunity to what was seen in March 2020. To realize this potential, XRP must experience considerable appreciation. Currently priced at $2.3, XRP has risen 1,917% from its $0.1140 low in March 2020.

XRP Uptrend Projections

Future appreciation could bring the altcoin’s price to $46. However, most projections suggest more modest targets. Market analyst EGRAG has consistently indicated that XRP could reach $27, though no set timeframe has been provided.

While Squire refrained from making specific price predictions for 2030, analysts at the crypto exchange platform Changelly provided insights. They predict XRP could trade at a minimum price of $13.86 at the start of 2030, reaching a maximum price of $23.10 by year-end.

XRP Price Predictions for 2030 | Changelly