Buying XRP at these prices is like buying Bitcoin at $200


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In a recent X post, market analyst X Finance Bull claimed that buying XRP at its current price above $1 could be like buying Bitcoin (BTC) in its early days at just $200, before the leading cryptocurrency skyrocketed. The analyst attributed his bullish outlook to a strong belief that XRP could be poised for a target. major price explosion in the near future, driven by key growth catalysts.

Why XRP at $1.39 is like buying Bitcoin at $200

X Finance Bull draws striking comparisons between the price of XRP at $1.39 and Bitcoin’s early days of trading around $200. suggests that investors who buy XRP now may one day look at current levels lost the opportunity to reproduce. He predicted that many people will claim in the future that they held XRP in its early stages, even though the persistence led to its past volatility and uncertainty. is extremely difficult for most investors.

The analyst pointed out that long-term holders had to overcome some difficult events in the past periods before they could witness it. XRP will once again rise above $3 in 2025. These problems include a deep collapse, with the price of XRP down more than 93% since its peak. It also covered many years of regulatory stress and related uncertainty legal battle between Ripple and the US Securities and Exchange Commission (SEC).

The lawsuit, which was filed in 2018, caused widespread fear in the market and led to the liquidation of several currency exchangesfurther pressure on the price and reputation of XRP. X Finance Bull also stated that true faith means holding on to XRP even as the federal regulator actively sues the cryptocurrency-related company.

Now that The legal dispute is overthe analyst believes that the environment around XRP has changed significantly. In his opinion, the decision of the lawsuit marks a turning point that can enter a new phase of development for the cryptocurrency not only in terms of its price, but also in its position and global acceptance.

XRP Institutional Growth and Long Term Potential

Aside from the legal battle that has now ended, X Finance Bull outlined a number of developments and catalysts that he says make this era very different from any previous era. He noted that this change could push the price of XRP above $100.

Among them to use stablecoin RLUSDnew institutional flows through XRP Spot ETFsand deeper integration with the traditional financial system. X Finance Bull also pointed to regulatory and banking milestones related to Ripple.

XRP
Source: Chart from X Finance Bull at X

According to the analyst, the company received cryptographic payments Conditional approval for National Trust Bank and applied for access to infrastructure related to the Federal Reserve System. Another key factor highlighted by the X Finance Bull is its potential volatility Light Act. He claims that once signed into law, it could provide legal certainty to the institutions that await it, allowing them to store, store and dispose of digital assets with a clear regulatory framework.

In addition, the analyst noted that cross-border payments account for more than $150 trillion annually, while financial market infrastructures such as DTCC process approximately $100 trillion annually. X Finance Bull pointed out that if even a tiny fraction of these huge transaction flows settle on the XRP Ledger, the impact on the XRP valuation will be huge, possibly pushing it above $100.

XRP
XRP trading at $1.40 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Freepik, chart from Tradingview.com

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