NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

XRP To $30? Market Veteran Says The Best Entry May Be Here

Christian Encila
Christian Encila
Last Updated: June 7, 2026 4:00 pm
3 mins read
XRP

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.

XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out.

A Long Road Ahead

That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token.

According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the charts, which he sees as offering a strong risk-to-reward setup for patient buyers.

Related Reading

Bitcoin

Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline

2 months ago

The price he’s projecting – the $30 target – would represent a gain of roughly 2,600% from XRP’s recent low of $1.09. That kind of move would rank among the largest in the token’s history.

The Numbers Behind The Call

The forecast, however, comes with conditions attached. Dr Cat’s model assumes XRP would need to trade at around 12,000 satoshis against Bitcoin, while Bitcoin itself would have to climb to approximately $250,000. Both would need to happen for the $30 scenario to materialize.

$XRP Ripple

If you are looking for an entry for long term from $USDT perspective I think that 1.034$ where the kumo surface is thick is a good buy price. Targeting ~30$ (12K $XRPBTC with ~250K $BTCUSD) in late 2027/2028.

If $BTC dumps to 3 or 4 handle it goes without saying… https://t.co/JjSaHChkQF pic.twitter.com/8yTtYiZ77t

— Dr Cat (@DoctorCatX) June 5, 2026

The analyst also warned that the path there won’t be smooth. If Bitcoin falls into a deeper correction, XRP could drop another 50% from current levels — a risk he acknowledged even while holding his bullish long-term view.

His higher-timeframe analysis suggests the next major expansion phase for XRP may not begin before September 2027, meaning anyone who buys in now could be sitting through a long consolidation window before any serious upside kicks in.

XRPUSD now trading at $1.13. Chart: TradingView

XRP’s Recent Slide

The backdrop for all this is a token that has taken a hard hit in recent months. Based on data from Coingecko, XRP is down 18% over the past week, 20% over the past month, and 38% year-to-date. From its all-time high of $3.65, the token has shed more than 60% of its value.

The wider market hasn’t helped. XRP dropped to $1.09 during a sharp correction that also dragged Bitcoin down to around $59,000 after it had been trading above $70,000 just days earlier.

A Pattern Some Analysts Recognize

Some in the XRP community see the selloff differently. Analyst Digital Outlook has pointed to similarities between current market conditions and the period following the SEC’s lawsuit against Ripple in December 2020.

Related Reading

XRP

XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation

2 months ago

Reports indicate XRP fell to around $0.17 in the aftermath of that filing, only to surge past $1.96 by April 2021 as sentiment shifted — a gain of more than 1,000%.

Whether history repeats is far from guaranteed. But for Dr. Cat, the $1.034 zone remains his line in the sand — a level he believes offers long-term buyers a solid base, even if the wait turns out to be a long one.

Featured image from Unsplash, chart from TradingView

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Has Never Broken This Line Before And Price Just Touched It Again

Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The...

Scott Matherson 1 month ago
bitcoin bottom

Why The Bitcoin Price Could Mark A Generational Bottom And Rise Over 200%

Bitcoin’s investor sentiment is in ruins, but buried inside the wreckage, a technical signal that has appeared only at the...

Sandra White 1 month ago
Morgan Stanley Exec Says $1 Million Bitcoin Is Possible: Here's Why

Morgan Stanley Exec Says $1 Million Bitcoin Is Possible: Here’s Why

Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning...

Jake Simmons 1 month ago
Load More

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.

Related News

Crypto

Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?

Keshav Verma 1 month ago
XRP

The 3-Part Impulse That Shows Where The XRP Price Is Headed Next

Scott Matherson 1 month ago
Bitcoin

Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase

Scott Matherson 1 month ago

Premium Sponsors

Press Releases

  • CreditBlockchain

    CreditBlockchain cloud mining helps users earn up to 0.078...

    6 months ago
  • モネロが686ドルで史上最高値を更新、時価総額トップ11入り──1月に注目のアルトコインは?

    ...

    7 months ago
  • ChatGPTが分析:2026年の仮想通貨 1000倍候補はどれか

    ChatGPTが分析:2026年の仮想通貨...

    7 months ago
  • 新しい仮想通貨:2026年に注目すべき3銘柄、次に急騰するコインはどれか

    ...

    7 months ago
  • ドージコイン 今後:ミームコイン市場に投機売買が再び戻る

    ドージコイン...

    7 months ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.