Expert Debunks 3 Ripple Token Prediction Myths: Reveals Real XRP Price Triggers

There have been many models for predicting the price of XRP, with various experts proposing what they believe influences the price. However, Lewis Jackson, who runs a YouTube channel with more than 90,000 subscribers, thinks that most of the popular metrics are incorrect.

A YouTuber with over 90,000 subscribers has debunked three common myths about XRP price triggers in a recent video. The myths include the belief that partnerships with major corporations will directly boost XRP’s price, that large XRP movements by banks will lead to a significant surge in its value, and that the conclusion of the XRP case with the SEC will cause its price to skyrocket.

According to the analyst, these factors will only indirectly influence XRP’s price by creating a more favorable environment. He maintains that for XRP to achieve substantial price levels, such as $1,000 or $10,000, significant institutional holding—not mere usage—is essential.

Here are the three myths debunked by the analyst in detail:

Myth 1: Partnership Will Boost Price

There is a common misconception among investors that Ripple’s partnerships with major corporations, such as banks or payment processors, will directly lead to increases in XRP’s price. This belief stems from the assumption that these partnerships will result in increased usage of XRP for cross-border payments or other services offered by Ripple.

However, the analyst asserts that, despite these partnerships, the actual impact on XRP’s price may be minimal. He explains that while partnerships may create a more favorable environment for XRP, they do not directly influence its price.

Moreover, retail investors often expect a straightforward correlation between partnerships and price increases, a notion he refutes. In reality, XRP’s price is influenced by a complex interplay of factors, including supply and demand dynamics, institutional interest, and market sentiment.

Myth 2: Large XRP Movement by Banks

Another myth concerns the idea that the simple use of XRP by banks for transferring large sums of money—potentially billions or trillions—will lead to a significant surge in its value. This belief is based on the assumption that such large-scale transactions will drive up demand for XRP, making it more valuable.

The analyst challenges this belief, explaining that such usage alone is unlikely to drive XRP’s price dramatically. He points out that banks already use various methods for transferring large amounts of money, and the addition of XRP as a settlement token does not inherently guarantee a substantial increase in its value.

Moreover, the analyst highlights that the price of XRP is determined by the market, and its value is influenced by a wide range of factors beyond the transactions processed using the token.

Myth 3: End of XRP Case With SEC WIll Spike Price

The third myth revolves around the expectation that XRP’s price will skyrocket upon the conclusion of the ongoing court case, which many view as a source of regulatory clarity. This belief is predicated on the assumption that a favorable outcome in the case will remove the uncertainty surrounding XRP’s legal status, making it more attractive to institutions and driving up its price.

While the analyst acknowledges that regulatory clarity holds some long-term value, he argues that it will not be the sole trigger for a dramatic price increase. He maintains that XRP’s price is ultimately determined by the market, and its value will fluctuate based on various factors, including supply and demand dynamics, institutional interest, and market sentiment.

In conclusion, the crypto analyst emphasizes that Ripple’s partnerships, increased token usage, and regulatory clarity will only indirectly influence XRP’s price by creating a more favorable environment. These factors serve as precursors rather than direct catalysts for price increases.