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Today I came across an analysis post about XRP, claiming that it could skyrocket from $1.9 straight to $300 just because of a "chart breakout pattern"...
I was honestly stunned.
Do people really take this seriously? Let’s do the math: If XRP actually shot up to $300, how much real money would have to pour in? What would the market cap balloon to? With the current trading depth, just a few whales selling could tank the price—where’s the liquidity pool to support such a mythic rise?
And about those technical chart patterns—can historical trends really predict the future? Unless there’s some explosive news, like all the world’s major banks suddenly announcing they’re using XRP as a settlement currency, or regulators outright giving it the green light...
But honestly, do you think that kind of sci-fi scenario is going to happen?
Without fundamental support, just drawing a few lines and shouting $300 isn’t analysis—it’s pure superstition.