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. The crypto market is paying close attention after one of the most famous early Bitcoin voices shared a bold view on XRP. Davinci Jeremie, who gained notoriety for advising people to buy Bitcoin at just $1 back in 2013, has now issued a strong forecast for XRP, noting that the token’s chartdisplays a healthy structure and a bullish pattern. Davinci Jeremie Maps XRP Price Path To $4.93 With Fibonacci Levels
In his detailed breakdown, Jeremie focused on XRP’s recent movements and the structure forming on its chart. He pointed to a clear W-shaped pattern as a bullish signal. According to him, the market action that pushed XRP higher in recent weeks appeared to be organic, with genuine investor activityproviding support rather than artificial manipulation. Related Reading Pundit Says Bitcoin Price Crash Is Not Over, Why A Decline Below $100,000 Is Coming 1 day ago
Jeremie explained that he used the Fibonacci extension levelsto calculate possible price targets for XRP. He said the 1.618 level comes in at 4,555 Chilean pesos, but he believes the token could go slightly higher. His projection puts the tokenat 4,761 pesos, which converts to about $4.93.
If this outlook materializes, XRP would not only maintain its current momentum but also surpass its previous all-time high of $3.65, which it met in July of this year. According to the analyst, XRP’s earlier movesin late 2024 appeared forced, with extreme jumps that raised doubts, but this newest action looks more natural and could carry further implications. He emphasized that the chart math and price behavior support the path to further bullish growth, while the token’s structure itself demonstrates clear strength. Bitcoin Maximalist Turns Bullish On XRP’s Market Structure
What makes this analysis stand out even more is who it is coming from. Davinci Jeremie has long been regarded as a strong supporter of Bitcoin, often described as a Bitcoin maximalist. His early call for people to buy BTC when the price was at only $1 has given him lasting credibility in the cryptocurrency space. For that reason, his positive comments on XRP are being taken very seriously by many in the market. Related Reading Rumored Ripple NDA Suggests Trump, BlackRock, And JP Morgan Are Working With XRP Ledger 2 days ago
Jeremie emphasized that XRP’s moves from January to June formed a clean W formation on the weekly chart. He explained how the token reached a high of $ 3.40 in January, dropped to around $2.11 in April, rebounded to $2.60 in May, declined to near $2 in June, and then rallied strongly to surpass its January high. That sequence, he said, completed the pattern and opened the door for more gains.
His change of tone shows that a strong market structure can override token bias. Even for someone who has close ties to Bitcoin, the health of XRP’s current chart was enough to spark a bullish outlook. Jeremie’s analysis suggests that more investors may start looking at XRP differently, seeing it as an asset with room to grow beyond old expectations. Momentum stalls with market lull | Source: XRPUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com