The cryptographic market pays special attention after one of the most eminent early voices of Bitcoin shared the bold view of XRP. Davinci Jeremie, who gained publicity for advising people to buy bitcoins for just USD 1 in 2013, now issued a powerful forecast for XRP, noticing that noting it by noticing it Token chart Displays a well structure and a stubborn pattern.
Davinci Jeremie Maps XRP Price Path up to USD 4.93 with fibonacci levels
In his Detailed divisionJeremie focused on the last movements of XRP and the structure forming on the chart. He pointed to a clear W -shaped pattern as a stubborn signal. According to him, the market action, which increased XRP above in recent weeks, seemed to be organic, with True investors’ activity Providing support instead of artificial manipulation.
Jeremi explained that he used Fibonacci extension levels To calculate possible price goals for XRP. He said that the level of 1.618 is 4555 Chilean pesos, but he thinks that the token may be a little higher. His projection puts a token At 4,761 pesos, which is transformed into around USD 4.93.
If this perspective materializes, XRP will not only maintain its current shoot, but also exceeded its previous highest highest level of USD 3.65 in history, which he met in July this year. According to an analyst, Earlier XRP movements At the end of 2024, he appeared forced, with extreme jumps that raised doubts, but this latest action looks more natural and can have further implications. He emphasized that the chart of mathematics and price behavior support Path for further growthWhile the token structure itself has a clear strength.
Bitcoin Maximalist changes stubborn in the XRP market structure
What distinguishes this analysis even more is what it comes from. Davinci Jeremie has long been considered a powerful supporter of Bitcoins, often described as Bitcoin maximalist. His early call to buy BTC, when the price was only USD 1, gave him lasting credibility in the space of cryptocurrencies. For this reason, its positive comments about XRP are very seriously treated by many on the market.
Jeremi emphasized that the XRP movements from January to June formed a pure formation in a weekly chart. He explained how the token achieved highest USD 3.40 in JanuaryIt fell to around USD 2.11 in April, in May it reflected to USD 2.60, refused nearly USD 2 in June, and then he approached heavily to exceed its highest level in January. This sequence, he said, completed the pattern and He opened the door to get more profits.
His change of tone shows that powerful The market structure can replace the bias of the token. Even for someone who has close connections with Bitcoin, the health of the current XRP chart was enough to cause a stubborn perspective. Jeremie’s analysis suggests that more investors may start looking at XRP differently, considering him an advantage with a place to grow above aged expectations.
A distinguished picture from Dall.e, chart from tradingview.com
