XRP at $25,000?...Analyst warns "Forecast more dangerous than optimism"

▲ XRP

A warning has been issued that extremely high price predictions surrounding XRP could cloud investors' judgment. Cryptocurrency analyst ChartNerd pointed out that predictions suggesting XRP could rise to $100, $1,000, $18,000, or even $25,000 could be more dangerous than optimism if they diverge from reality.

On April 29 (local time), crypto media outlet Bitcoinist reported that ChartNerd raised strong concerns about the extreme price targets circulating in the XRP community. ChartNerd's concern was not that XRP could not rise, but that some predictions significantly deviated from the realistic range shown by charts and circulating supply.

He specifically noted that the prediction of XRP reaching $1,000 has been repeated for years but has not materialized. The problem is not the bullish sentiment itself, but that it can trap investors in false expectations when separated from actual market structure. Recently, arguments have emerged that XRP could reach $1,000 if it repeats the 2017 bull run, that institutional adoption requires XRP to be over $1,000, and discussions even mentioning $25,000 based on prophetic grounds.

ChartNerd, on the other hand, viewed the bearish outlook that XRP could fall below $1 as more grounded in historical data. He stated that based on the Gaussian channel, XRP has returned to the lower regression band in every past bear market, mentioning the possibility of this cycle's low forming in the $0.70 to $0.91 range.

However, the original text also pointed out that XRP's fundamental environment has strengthened compared to the past. It explained that the U.S. Securities and Exchange Commission (SEC)'s enforcement action against Ripple has ended, institutional investors are buying through XRP spot ETFs, and Ripple continues its efforts to expand XRP's position in the financial sector.

However, the key is that such positive news does not guarantee XRP's extreme price targets. David Schwartz, former Chief Technology Officer of Ripple, also expressed the view that there is not yet enough logic to support an XRP price prediction of $100. This analysis is interpreted as a warning to XRP investors that data-driven judgment based on realistic price structures should take precedence over optimistic expectations.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*