A popular anonymous crypto pundit has shared a roadmap outlining how XRP could surge from $2.15 to $1,000.

In an X post, BarriC, who has accumulated over 13,000 followers, provided one of the most optimistic Rippe (XRP) predictions.

A popular anonymous crypto pundit has shared a roadmap outlining how Rippe (XRP) could surge from $2.15 to $1,000.

In an X post, BarriC, who boasts over 13,000 followers, provided one of the most optimistic predictions for XRP.

suggesting that the token will first rise to $3, followed by a bull run that will push it to $5. From there, he anticipates a rally to between $10 and $20, after which the coin may encounter a bear market correction.

His bull case scenario sees XRP reaching $100 by December, driven by increasing adoption of Ripple’s technology among banks. Ripple Labs claims its payment technology offers a superior alternative to SWIFT, providing faster and more cost-effective solutions. For instance, RippleNet transactions settle in under two minutes, while SWIFT transfers can take over an hour.

The final catalyst, according to BarriC, would be mass adoption by banks and financial institutions. Such widespread use would see trillions of dollars flowing through the XRP Ledger network, potentially pushing the token to $1,000.

$XRP starts by hitting $3Then $XRP skyrockets from $3 to $5Then as the volatility and momentum of an alt season kicks in$XRP skyrockets to $10-$20Once we have entered into double digit #XRP territory we may see the market dip back down into a bear market However towards…

Can XRP price jump to $1,000?

The crypto industry has demonstrated that anything is possible. Bitcoin (BTC) has shot up from less than $1 in 2009 to $109,300 earlier this year. Memecoins, which have no intrinsic value, have collectively amassed a market cap of over $53 billion.

However, while the longer-term outlook for XRP is bullish, a price target of $1,000 seems far-fetched.

With a circulating supply of 58.4 billion tokens, an XRP price of $1,000 would place its market capitalization at $58.4 trillion. Its max supply of 100 billion would put its fully diluted valuation at $100 trillion.

To put that in perspective, the total global GDP is roughly $115 trillion, and the combined market capitalization of all publicly traded companies is around $125 trillion.

Therefore, it’s safe to say that XRP reaching $1,000 is simply not a realistic outcome.

Ripple price technical analysis

The daily chart shows that XRP has moved above its 25-day moving average. It has also formed a falling wedge pattern, which comprises two descending and converging trendlines.

The price has broken above the wedge’s upper boundary and successfully retested it. Additionally, an inverse head-and-shoulders pattern has formed, another bullish indicator.

Based on these technicals, XRP appears poised for a potential breakout toward its year-to-date high of $3.40, which is about 57% above the current level.