According to a renowned crypto analyst, XRP is predicted to never drop below $2.50 again. This bold claim is sparking debates within the XRP community, with some staying cautious while others see it as a sign of the currency's maturity.
For years, XRP has been the subject of numerous controversies and heated discussions within the crypto community. But according to a well-known investor, this cryptocurrency has definitively left its lowest point behind.
Analyst Cobb reacted on X by claiming that not only would Bitcoin (BTC) never fall below $100,000 again, but that XRP “will never trade below $2.50 again.” This statement immediately triggered strong reactions within the so-called “XRP Army.”
Supporters of the coin saw this as confirmation that XRP is finally reaching maturity and entering a new era. However, not all investors are convinced. Some believe that $2.40 constitutes a more realistic floor, while others think the token could even fall as low as $2.
Skeptics have good reasons to be cautious. Earlier this month, the price had fallen to as low as $2.71, far from the predicted $2.50. Nevertheless, many investors remain optimistic and believe those days are now over. “From now on, XRP can only go up,” wrote an enthusiastic follower.
This renewed confidence can also be explained by the end of the lengthy litigation between Ripple and the US SEC. For years, this uncertainty weighed on the price and kept institutional investors away. Now that the legal battle is over, the path seems clear for an influx of capital.
Increasing speculation is also circulating about the possible creation of a Spot XRP Exchange-Traded Fund (ETF). Such a product would allow traditional investors to easily access the token without having to hold the currency itself. Currently, the token is trading around $2.78. For Cobb and his supporters, this is proof that the $2.50 floor is solid and that the worst is behind the currency.
Investors who believe in the token’s future have reason to be optimistic. The token seems to have finally found its cruising speed. With the end of the SEC litigation and the hope for an ETF, the upside potential for Ripple seems explosive.
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