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. He shares his insights on what he believes moves the price in an 11-minute-long video.
What you'll learn 👉
Myth 1: Partnership Will Boost Price
Lewis addresses several prevalent myths surrounding the price movement of Ripple (XRP).
One common misconception among investors is the belief that Ripple’s partnerships with major corporations will directly boost XRP’s price.
The analyst asserts that, despite these partnerships, the actual impact on price may be minimal. Retail investors often expect a straightforward correlation between partnerships and price increases, a notion he refutes.
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Show more +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.
The analyst challenges this belief, explaining that such usage alone is unlikely to drive XRP’s price dramatically.
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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. 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.
The 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.
Necessary Conditions for Significant Price Increase
For XRP to achieve substantial price levels, such as $1,000 or $10,000, the analyst highlights that significant institutional holding—not mere usage—is essential. Major institutions would need to acquire and hold XRP as an asset, rather than using it for transactions, in order to create real scarcity in the market.
A conducive environment, along with regulatory clarity and strategic partnerships, may encourage large institutions to invest in XRP. Such entities would buy and hold XRP, effectively removing tokens from circulation. This reduction in supply, coupled with increased demand from retail and other sectors, could facilitate a gradual rise in price over time.
In summary, the crypto analyst’s main argument is that meaningful price movement for XRP hinges on institutional holding rather than being driven solely by usage or regulatory news.
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