- Long-term XRP investor and Ripple holder Ripplebull Winkle broke his silence this week, stating the token’s price action feels “off” due to a lag behind new fundamentals.
- Market-wide outflows have pushed Bitcoin toward the $65,000 range, creating severe pressure for major altcoins like XRP, which struggled to hold the $1.15 level.
- Ripple CEO Brad Garlinghouse shared investment advice from Warren Buffett in a public post, coinciding with the market downturn.
- Analytical models from CoinCodex forecast XRP could reach a price of $11.21 by the year 2050.
A prominent long-term holder voiced critical concerns this week as XRP’s price faced extreme volatility and capital fled the crypto markets. Ripplebull Winkle, a self-described ten-year Ripple investor, took to social media platform X to share his perspective on the token’s unsteady trajectory.
He argued that the current price momentum is out of sync with a transformed fundamental landscape. Specifically, Winkle cited elements like ETF flow dynamics, ongoing bank filings, and newly live permissioned infrastructure as key factors.
Consequently, he believes price is lagging behind these new realities. However, the investor also suggested that when XRP catches up, the adjustment will likely happen rapidly, “When it catches up, it happens fast.”
Meanwhile, the broader cryptocurrency sector has seen serious outflows, with Bitcoin sinking to explore the $65,000 range. This downturn has pressured major altcoins, leaving XRP struggling to hit the $1.15 price level at the time of reporting.
In a related development, Ripple CEO Brad Garlinghouse shared a motivational message amid the market storm. He quoted iconic investor Warren Buffett, posting, “Be fearful when others are greedy, and greedy when others are fearful!”
Looking further ahead, CoinCodex provides long-term price estimates for XRP. Their models forecast the token could reach $4.73 by 2030 and potentially climb to $11.21 by the year 2050.
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