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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Crypto Pundit Says XRP To $10 Is Just The Start

Jake Simmons
Jake Simmons
3 months ago
2 mins read
XRP price news

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In his latest video, the market commentator known as CryptoInsightUK laid out a multi-step argument for why XRP could “very realistically go to $10 plus this cycle — and potentially into the $20-to-$30 range.” The analyst combined macro-asset rotation, historical dominance patterns and a series of back-of-envelope calculations to contend that most investors are still underestimating the token’s upside.

Why $10 Per XRP Is The Start

The crypto pundit began with a brief look at Bitcoin liquidity, predicting that a build-up of short positions could generate “a very likely squeeze up to $103,000” before any near-term correction. But he quickly pivoted to the long-form case for altcoins — and XRP in particular — arguing that the broader environment of currency debasement has already lifted traditional hedges such as gold and equities well beyond their 2017 levels. “Gold was at $1,200 an ounce and is now at $3,200 […] the S&P was at 233 and is now at 566,” he said, emphasising that both assets “trend in the same direction, at least against the dollar.”

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That inflation in nominal asset values, he suggested, sets the stage for a capital rotation into crypto. “17% of twenty-two trillion,” he calculated — a hypothetical pullback in the gold market — “could easily add on to the crypto market cap […] and that would push Bitcoin up to $180,000 to 220,000.”

The linchpin of his XRP thesis is the historical relationship between Bitcoin’s share of total crypto capitalisation (“Bitcoin dominance”) and XRP price performance. Displaying overlaid charts, he noted that in 2017 a 47% fall in dominance coincided with an “11x” rise in XRP, and that in 2021 a 46% fall aligned with a 600 percent gain despite the overhang of the Ripple vs. US Securities and Exchange Commission lawsuit.

“XRP is one of the major gainers when Bitcoin dominance is falling,” he asserted, adding that a fresh 40% draw-down — merely a return to the lower boundary of the long-term range — would, on past ratios, imply an XRP move to roughly $16. A deeper slide toward 25% dominance would, by the same arithmetic, yield “that $36-to-$37 target.”

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XRP Poised For Final Flush Before Breakout, Predicts Crypto Analyst

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He repeatedly cautioned that his figures were illustrative rather than “definitively correct”, yet, he pushed back against objections that such price projections would require an impossibly large market capitalisation. Citing the tripling of gold’s market value since 2017 and a surge in US sovereign debt to $36 trillion, he argued that absolute numbers should not deter analysis: “Market cap shouldn’t stop you from making what a lot of people are calling outrageous claims to price.”

CryptoInsightUK framed this stance as technical rather than narrative driven. His overlay of XRP dominance on Bitcoin dominance highlighted what he called a “very correlated inversely” pattern in which XRP rallies compress into short, explosive windows once Bitcoin’s share begins to ebb. “XRP does its moves really quickly,” he warned, urging viewers not to let “emotional bias” or dislike of the asset blind them to historical precedent.

At press time, XRP traded at $2.13.

XRP price
XRP price, 1-day chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
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Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

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His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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