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▲ XRP, Bear Market, Downturn/AI Generated Image ©
A cryptocurrency supporter who once argued for XRP (Ripple) to reach $1,000 has significantly lowered the price target to $10-$20, reigniting debate over XRP's price outlook. However, he stated that while he revised his price forecast, his long-term confidence in XRP remains.
According to crypto media outlet Watcher.Guru on July 3 (local time), crypto investor Jenny (@Jenny_Solstice) stated that after further research, she concluded that XRP's realistic target price is around $10-$20. She retracted her previous prediction that it could rise to $1,000 or several hundred dollars, adding that reaching even $5-$8 would be a sufficiently satisfactory performance.
Currently, XRP is trading at $1.09. The outlet explained that XRP's price is $2.24 lower than a year ago, having fallen by 67% over the past 12 months. Therefore, to achieve Jenny's target of $5-$8, a rise of approximately 4.5 to 7 times the current price is needed.
The regulatory environment was also cited as a key variable in XRP's outlook. The U.S. crypto market structure bill, the CLARITY Act, passed the U.S. Senate Banking Committee 15-9 on May 14, 2026, and was included in the Senate's legislative schedule in early June. Previously, the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) jointly classified XRP as a digital commodity in March, but this currently remains at the level of interpretive guidance, leaving open the possibility that a future administration could change it. The outlet explained that if the CLARITY Act passes, this status would be legally codified, which could reduce regulatory uncertainty for XRP.
Market reactions to Jenny's revised forecast were mixed. Some investors criticized it as typical bear market sentiment (FUD). Crypto content creator Crypto Dyl News claimed that if XRP recovers to $2 again, Jenny would re-issue a $10,000 forecast. Conversely, some investors empathized with Jenny's revised outlook, suggesting that a $10 target is a sufficiently positive scenario, citing increased institutional investment and the potential for growth in the tokenization market.
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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