XRP Skeptic Foresees $20+ Surge Despite Doubts—Charts Suggest Otherwise

Rewrite **XRP Analyst Predicts Massive Surge to $20 Despite Previous Criticism**

– **A well-known XRP skeptic has surprised the crypto community by predicting that XRP could skyrocket to over $20 in this market cycle.**
– **However, XRP supporters question his credibility, as he previously forecasted the asset’s downfall to zero.**

—

### Analyst Predicts Bullish Breakout for XRP

Crypto analyst Davinci Jeremie has shared a bold forecast for XRP, claiming that the asset is poised for a significant breakout. According to his analysis, XRP will first surpass the $3 resistance level before embarking on a rally to new all-time highs.

Despite this optimism, Jeremie reiterates that he remains an XRP critic. He acknowledges that personal opinions shouldn’t interfere with technical analysis findings.

> “I’m not a fan of XRP, and I believe XRP is a bad idea as a cryptocurrency. However, technical analysis doesn’t care about my opinions.”

At present, XRP is trading at **$2.39**, experiencing a **0.2%** dip in the last 24 hours and a **1.36%** decline over the past week. However, Jeremie believes the asset could rise to **$20**, potentially pushing its market capitalization above **$2 trillion**.

Another market analyst has even suggested a possible **$38 price target** for XRP, drawing on historical chart patterns to support the prediction. Jeremie, however, argues that markets often move in ways that defy conventional logic.

—

### Mixed Reactions Over Jeremie’s XRP U-Turn

Jeremie’s sudden shift in perspective has sparked debate within the XRP community. Panso Mekras, co-founder of Anodos Finance, challenged him to clarify whether he now views XRP as the best cryptocurrency. Meanwhile, another crypto enthusiast, Amity, reminded Jeremie of his previous bearish outlook:

> “You keep switching from criticizing XRP to becoming bullish, and you’ve been doing this for the past eight years.”

Just last month, Jeremie referred to XRP as the **”banker’s coin”**, arguing that investors in the token lack true control over their funds. He warned about the potential for XRP to be frozen, comparing its purchase to supporting traditional banks, which he described as **“the wealthiest criminals in society.”**

He went on to promote Bitcoin, insisting it is truly decentralized and immune to external influence. Unlike XRP, he claimed, Bitcoin’s development remains immutable, ensuring that no central authority can manipulate the supply or restrict transactions.

In response, the XRP community clarified that while **XRP Ledger (XRPL) does offer a freeze feature, it applies only to issued tokens, not XRP itself.**

—

### XRP Could Surpass Bitcoin?

Jeremie’s claims have been countered by former XRP developer Matt Hamilton, who argues that XRP could eventually outshine Bitcoin. As previously **reported**, Hamilton emphasized XRP’s superior infrastructure, which makes it more appealing to institutions and retailers.

> “While Bitcoin can handle only a limited number of transactions at a time, XRP’s infrastructure is designed for high throughput,” Hamilton stated.

Furthermore, in a separate discussion, Hamilton argued that if XRP is the **”banker’s coin,”** then Bitcoin should be recognized as the **“drug dealer’s coin.”**

With rising anticipation around XRP’s potential, the ongoing debate highlights the contrasting perspectives within the crypto space—between technical analysis, personal biases, and real-world utility.

XRP skeptic’s bold prediction

A well-known crypto analyst and self-proclaimed XRP skeptic, Davinci Jeremie, has sent shockwaves through the XRP community with a bold prediction—despite his historically bearish stance on the digital asset. In a surprising turn of events, Jeremie now suggests that XRP could experience a parabolic surge, rocketing past during this market cycle. This forecast has ignited intense discussions among investors, with many questioning the credibility of his sudden optimism.

Jeremie, who has long criticized XRP as a centralized and fundamentally flawed cryptocurrency, maintains that his personal beliefs remain unchanged. However, he argues that technical analysis points to a strong bullish breakout, regardless of his skepticism. He insists that chart patterns and market momentum indicate a potential rally, even if he still harbors doubts about XRP’s long-term viability.

“I’m not a fan of XRP, and I believe it’s a bad idea as a cryptocurrency. However, technical analysis doesn’t care about my opinions.”

His comments have stirred controversy, especially among long-time XRP supporters who recall his previous bearish forecasts. Notably, Jeremie had once predicted that XRP would collapse to zero, dismissing it as a “banker’s coin” lacking true decentralization. His abrupt reversal has led some to accuse him of inconsistency, while others speculate that he may be hedging his bets in anticipation of a major market move.

At the time of his prediction, XRP was trading at .39, reflecting a slight 0.2% dip over the past 24 hours and a 1.36% decline over the past week. Despite this short-term weakness, Jeremie believes that an imminent breakout could push XRP beyond its all-time high of .84, eventually reaching the much-discussed target. If this scenario unfolds, XRP’s market capitalization could exceed trillion, placing it among the most valuable digital assets.

Adding fuel to the speculation, another market analyst has proposed an even more ambitious price target of , citing historical trends and Fibonacci extensions as key indicators. However, Jeremie remains cautious, acknowledging that markets often behave irrationally and that price action doesn’t always adhere to conventional logic.

While his prediction has drawn attention, many investors remain skeptical, pointing to conflicting market signals and broader macroeconomic factors that could hinder XRP’s ability to reach such lofty levels. The ongoing debate highlights the contrasting perspectives within the crypto space—between technical analysis, personal biases, and real-world adoption.

Market indicators contradict optimism

Despite the bold prediction of a + XRP surge, several key market indicators suggest that such a rally may not materialize as easily as some anticipate. While technical analysis can highlight potential breakout patterns, broader market trends, investor sentiment, and fundamental factors paint a more complex picture.

One of the most significant red flags is XRP’s recent price action. At the time of writing, XRP is struggling to maintain upward momentum, trading at .39—a level that remains well below its 2018 all-time high of .84. Although the asset has seen periodic rallies, it has yet to demonstrate the sustained bullish momentum required to achieve a parabolic breakout.

Declining Trading Volume Raises Concerns

Another factor working against XRP’s bullish case is its declining trading volume. Historically, strong price rallies are accompanied by surging volume, indicating increased investor interest and accumulation. However, recent data shows that XRP’s trading volume has been tapering off, suggesting that buying pressure may not be strong enough to support a meteoric rise.

Lower trading volume often signals reduced market participation, making it more difficult for an asset to sustain upward movements. If XRP is to reach the mark, it would require a significant influx of new capital, something that has not yet been observed in the current market cycle.

Technical Resistance Levels Present Challenges

From a technical perspective, XRP faces multiple resistance levels that could hinder its ascent. The most immediate hurdle is the .00–.50 range, which has historically acted as a strong psychological and technical barrier. Even if XRP manages to break past this level, it would need to overcome additional resistance at , , and before even approaching the highly ambitious target.

Several analysts have pointed out that XRP has struggled to maintain bullish momentum in past cycles, often facing sharp corrections after brief rallies. This pattern suggests that even if XRP experiences a surge, it may not be sustainable without strong fundamental backing.

Macroeconomic and Regulatory Uncertainty

Beyond technical indicators, macroeconomic conditions and regulatory developments play a crucial role in XRP’s price trajectory. The broader cryptocurrency market remains highly sensitive to Federal Reserve policies, inflation concerns, and global economic conditions. If risk appetite among investors diminishes due to macroeconomic uncertainty, XRP could struggle to attract the capital needed for a prolonged rally.

Additionally, XRP’s ongoing regulatory battles, particularly with the U.S. Securities and Exchange Commission (SEC), continue to cast a shadow over its future. While Ripple has made progress in its legal fight, lingering concerns about XRP’s classification as a security could deter institutional investors from making significant commitments to the asset.

Whale Activity Suggests Mixed Sentiment

On-chain data reveals that large XRP holders, commonly referred to as “whales,” have been exhibiting mixed behavior. While some whales have been accumulating XRP, others have been offloading their holdings, signaling uncertainty about the asset’s future price movements. Typically, sustained whale accumulation is a bullish signal, as it indicates confidence in long-term price appreciation. However, the current mixed sentiment suggests that even large holders remain divided on XRP’s potential.

Ultimately, while technical analysis can point to bullish breakout patterns, real-world market conditions present significant obstacles. For XRP to achieve the ambitious price target, it would require not only strong technical momentum but also favorable macroeconomic conditions, increased trading volume, and a clear regulatory path forward. As it stands, the data suggests that XRP still has significant challenges to overcome before realizing such a dramatic surge.

Historical trends and resistance levels

To gauge the likelihood of XRP reaching the ambitious target, it’s essential to analyze its historical price behavior and key resistance levels. While XRP has experienced explosive rallies in past cycles, it has also faced significant corrections, struggling to maintain long-term bullish momentum. Examining these trends provides insights into whether the current market conditions align with previous breakout patterns.

Previous XRP Bull Cycles

Historically, XRP has experienced two major bull runs that captured investor attention. The first occurred in late 2017, when XRP surged from around [gpt_article topic=XRP Skeptic Foresees $20+ Surge Despite Doubts—Charts Suggest Otherwise directives=”Rewrite **XRP Analyst Predicts Massive Surge to $20 Despite Previous Criticism**

for main sections,

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  ✅ Provide clear explanations but maintain a conversational, witty tone.
  ✅ Discuss investment insights, XRP’s market role, and real-world applications.
  ✅ Use and A popular XRP critic has predicted that the asset could record an explosive surge to trade above $20 this cycle.  However, the XRP community has questioned his sudden u-turn after recently predicting that the asset would crash to zero.  A renowned analyst known as Davinci Jeremie has predicted that XRP is on course for a […] to enrich the content.
  ✅ Avoid generic fluff and ensure technical accuracy.
  ✅ Maintain a forward-thinking and optimistic tone.

  The article should be highly informative while keeping the reader engaged with strategic analysis and market predictions.” max_tokens=”10000″ temperature=”0.6″].20 to an all-time high of .84 in early 2018—a staggering 1,800% increase in just a few months. However, this rally was short-lived, with XRP retracing much of its gains as the broader crypto market entered a prolonged bear phase.

  The second notable rally took place in 2021, when XRP rebounded from [gpt_article topic=XRP Skeptic Foresees $20+ Surge Despite Doubts—Charts Suggest Otherwise directives=”Rewrite **XRP Analyst Predicts Massive Surge to $20 Despite Previous Criticism**

  – **A well-known XRP skeptic has surprised the crypto community by predicting that XRP could skyrocket to over $20 in this market cycle.**
  – **However, XRP supporters question his credibility, as he previously forecasted the asset’s downfall to zero.**

  —

  ### Analyst Predicts Bullish Breakout for XRP

  Crypto analyst Davinci Jeremie has shared a bold forecast for XRP, claiming that the asset is poised for a significant breakout. According to his analysis, XRP will first surpass the $3 resistance level before embarking on a rally to new all-time highs.

  Despite this optimism, Jeremie reiterates that he remains an XRP critic. He acknowledges that personal opinions shouldn’t interfere with technical analysis findings.

  > “I’m not a fan of XRP, and I believe XRP is a bad idea as a cryptocurrency. However, technical analysis doesn’t care about my opinions.”

  At present, XRP is trading at **$2.39**, experiencing a **0.2%** dip in the last 24 hours and a **1.36%** decline over the past week. However, Jeremie believes the asset could rise to **$20**, potentially pushing its market capitalization above **$2 trillion**.

  Another market analyst has even suggested a possible **$38 price target** for XRP, drawing on historical chart patterns to support the prediction. Jeremie, however, argues that markets often move in ways that defy conventional logic.

  —

  ### Mixed Reactions Over Jeremie’s XRP U-Turn

  Jeremie’s sudden shift in perspective has sparked debate within the XRP community. Panso Mekras, co-founder of Anodos Finance, challenged him to clarify whether he now views XRP as the best cryptocurrency. Meanwhile, another crypto enthusiast, Amity, reminded Jeremie of his previous bearish outlook:

  > “You keep switching from criticizing XRP to becoming bullish, and you’ve been doing this for the past eight years.”

  Just last month, Jeremie referred to XRP as the **”banker’s coin”**, arguing that investors in the token lack true control over their funds. He warned about the potential for XRP to be frozen, comparing its purchase to supporting traditional banks, which he described as **“the wealthiest criminals in society.”**

  He went on to promote Bitcoin, insisting it is truly decentralized and immune to external influence. Unlike XRP, he claimed, Bitcoin’s development remains immutable, ensuring that no central authority can manipulate the supply or restrict transactions.

  In response, the XRP community clarified that while **XRP Ledger (XRPL) does offer a freeze feature, it applies only to issued tokens, not XRP itself.**

  —

  ### XRP Could Surpass Bitcoin?

  Jeremie’s claims have been countered by former XRP developer Matt Hamilton, who argues that XRP could eventually outshine Bitcoin. As previously **reported**, Hamilton emphasized XRP’s superior infrastructure, which makes it more appealing to institutions and retailers.

  > “While Bitcoin can handle only a limited number of transactions at a time, XRP’s infrastructure is designed for high throughput,” Hamilton stated.

  Furthermore, in a separate discussion, Hamilton argued that if XRP is the **”banker’s coin,”** then Bitcoin should be recognized as the **“drug dealer’s coin.”**

  With rising anticipation around XRP’s potential, the ongoing debate highlights the contrasting perspectives within the crypto space—between technical analysis, personal biases, and real-world utility.. Generate a long-form, well-structured, SEO-optimized article on the topic XRP Skeptic Foresees $20+ Surge Despite Doubts—Charts Suggest Otherwise for embedding into a WordPress post.
  The content must be engaging, insightful, and easy to read, targeting crypto investors and XRP enthusiasts.

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    ✅ Provide clear explanations but maintain a conversational, witty tone.
    ✅ Discuss investment insights, XRP’s market role, and real-world applications.
    ✅ Use and A popular XRP critic has predicted that the asset could record an explosive surge to trade above $20 this cycle.  However, the XRP community has questioned his sudden u-turn after recently predicting that the asset would crash to zero.  A renowned analyst known as Davinci Jeremie has predicted that XRP is on course for a […] to enrich the content.
    ✅ Avoid generic fluff and ensure technical accuracy.
    ✅ Maintain a forward-thinking and optimistic tone.

    The article should be highly informative while keeping the reader engaged with strategic analysis and market predictions.” max_tokens=”10000″ temperature=”0.6″].17 in early 2020 to nearly .96 in April 2021. Despite this impressive surge, XRP failed to reclaim its previous all-time high, largely due to ongoing regulatory uncertainty surrounding Ripple’s lawsuit with the SEC. Unlike Bitcoin and Ethereum, which set new all-time highs in 2021, XRP remained below its peak, highlighting its unique challenges in the market.

    Key Resistance Zones to Watch

    If XRP is to reach , it must first overcome several significant resistance levels that have historically acted as barriers to upward movement:

    • .00–.50: This range represents XRP’s previous all-time high from 2018 and serves as a critical psychological resistance level. Many traders may take profits at this point, making it a tough zone to surpass.
    • .00: A major round-number resistance level that could trigger sell-offs from both retail and institutional investors.
    • .00: A psychological milestone that, if breached, could fuel FOMO (fear of missing out) among investors, leading to further parabolic price action.
    • .00–.00: The final hurdle before achieving the bold target. This range would require unprecedented buying pressure and institutional adoption to sustain momentum.

    For XRP to break past these levels, it must demonstrate sustained bullish momentum, supported by strong trading volume and favorable macroeconomic conditions. Without these factors, historical trends suggest that XRP could struggle to maintain its upward trajectory.

    Comparing XRP’s Growth with Other Cryptos

    While some analysts believe XRP could follow Bitcoin’s and Ethereum’s explosive growth patterns, others argue that its price action has historically been more volatile and dependent on external factors such as regulatory clarity. Unlike Bitcoin, which has a fixed supply and benefits from institutional adoption as a store of value, XRP’s price movements have been closely tied to Ripple’s legal battles and partnerships with financial institutions.

    Furthermore, XRP’s inability to set new all-time highs in the 2021 bull run raises questions about whether it can truly achieve the kind of breakout needed to reach . While past performance does not guarantee future results, historical trends indicate that XRP must overcome significant resistance levels and market skepticism to achieve such a meteoric rise.

    Ultimately, while XRP has demonstrated the ability to rally in previous market cycles, reaching would require an unprecedented confluence of bullish factors. Whether the current market environment is conducive to such a move remains a subject of intense debate among analysts and investors alike.

    Investor sentiment and future outlook

    The mixed market signals surrounding XRP’s price potential have fueled a heated debate among investors. While some remain optimistic about the possibility of a breakout, others are skeptical, citing historical trends and broader market conditions. Investor sentiment plays a crucial role in determining whether XRP can sustain momentum and push toward the ambitious target.

    Community Reactions to the Prediction

    Jeremie’s sudden shift in stance has sparked division within the XRP community. Many long-time holders question his credibility, pointing out his past bearish outlook on the asset. Critics argue that his abrupt optimism may be a strategic move to capitalize on market hype rather than a genuine belief in XRP’s potential.

    On social media platforms like X (formerly Twitter), XRP enthusiasts have voiced concerns about Jeremie’s history of contradicting opinions. One user remarked:

    “One month he’s calling XRP worthless, the next he’s saying it will hit . Hard to take this seriously.”

    However, some traders welcome his prediction, arguing that technical analysis supports a potential rally. They point to historical cycles where XRP saw rapid price surges after prolonged periods of consolidation. If market conditions align, they believe a similar breakout could occur.

    Institutional Interest and Adoption

    Beyond retail investor sentiment, institutional adoption is a critical factor in XRP’s future price trajectory. XRP’s utility as a bridge currency for cross-border payments has attracted interest from financial institutions, including banks and payment processors. Ripple’s partnerships with entities such as Santander, SBI Holdings, and Tranglo highlight XRP’s potential real-world applications.

    Recently, Ripple has expanded its On-Demand Liquidity (ODL) services, enabling faster and more cost-effective international transactions. If adoption continues to grow, XRP could see increased demand, potentially driving prices higher. However, regulatory uncertainty remains a hurdle, as institutions may hesitate to fully commit until there is more clarity regarding XRP’s legal status.

    Whale Activity and Market Dynamics

    On-chain data reveals that large XRP holders, or “whales,” have been accumulating the asset in recent months. According to blockchain analytics firm Santiment, wallets holding between 10 million and 100 million XRP have steadily increased their holdings. This accumulation suggests that some high-net-worth investors anticipate a price surge.

    However, whale activity alone does not guarantee a breakout. In previous cycles, XRP whales have accumulated before significant price movements, but sustained rallies require broader market participation. If retail investors and institutions join the buying momentum, it could strengthen XRP’s case for a larger uptrend.

    Potential Catalysts for a Price Surge

    Several factors could contribute to XRP’s ability to reach or exceed its previous all-time high:

    • Regulatory Clarity: A favorable resolution to Ripple’s ongoing legal battle with the SEC could remove a major barrier to institutional adoption, boosting investor confidence.
    • Crypto Market Bull Run: If Bitcoin and Ethereum enter a new bull cycle, XRP could benefit from the overall market momentum, as altcoins often rally alongside major assets.
    • Increased Utility and Adoption: Expansion of Ripple’s ODL services and new partnerships with financial institutions could drive demand for XRP as a settlement asset.
    • Macroeconomic Conditions: A shift in Federal Reserve policies, such as interest rate cuts, could lead to increased liquidity in financial markets, benefiting risk assets like cryptocurrencies.

    Challenges and Risks

    Despite the bullish arguments, several risks could hinder XRP’s ability to reach :

    • Regulatory Uncertainty: If the SEC case results in unfavorable rulings, it could limit XRP’s accessibility on exchanges and deter institutional investors.
    • Market Volatility: Crypto markets are notoriously volatile, and a sudden downturn could prevent XRP from sustaining any upward momentum.
    • Competition from Other Cryptos: XRP faces competition from newer blockchain projects offering faster and cheaper transactions, potentially reducing its market dominance.

    Ultimately, while XRP has the potential for significant price appreciation, its journey to remains uncertain. Investors must weigh the bullish catalysts against the risks and market challenges that could impact its trajectory. As the crypto market evolves, the coming months will be crucial in determining whether XRP can defy skepticism and achieve new highs.