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Analyst Mocks Calls For XRP Price At $1,000, Says Take Profits At This Level
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Analyst Mocks Calls For XRP Price At $1,000, Says Take Profits At This Level

Scott Matherson
Scott Matherson
12 hours ago
3 mins read
XRP

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Crypto analyst Jaydee has called out market participants who predict that the XRP price could rally to as high as $1,000. The analyst suggested that the altcoin can’t reach such heights and revealed what price levels he will be taking profits at. 

Analyst Indicates XRP Price Cannot Reach $1,000

In an X post, Jaydee stated that while the “moonboys and influencers: are waiting for the XRP price to reach $1,000, he plans to take more profits at his next levels. He declared that he plans to use the same strategy he employed when he called the 12x at $3.37. The analyst admitted that the altcoin is going much higher soon but suggested that those waiting for $1,000 will still get “rekt.”

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Jaydee further remarked that they “dumb money to HODL till $1,000 for us smart money to win big.” His statement comes just a day after crypto pundit BarriC predicted that the XRP price will rally to $1,000 sooner than many expect. He further suggested that the rally will be similar to how XRP recorded an explosive surge in 2017, when it rallied from $0.0006 to $3.80.

XRP
Source: Jaydee on X

However, Jaydee doesn’t expect this to happen. Instead, his accompanying chart showed that the XRP price could just rally to a conservative target of around $7 between August and September. This would still mark a new all-time high (ATH) for the altcoin. 

The crypto analyst also recently predicted a 50% “moonshot” for the XRP price, which could send it to as high as $3.35 in the short term. A rally to $3.35 will bring the altcoin close to its current ATH of $3.80. It would also mark a new yearly high for the altcoin. 

XRP Is Bullish On All Timeframes

In an X post, crypto analyst Dark Defender declared that the XRP price is bullish on all timeframes for the first time since January 2025, when it reached its yearly high of $3.3. In another X post, the analyst stated that XRP is way ahead, having recorded a breakout above $2.33. With this breakout, he remarked that the altcoin’s journey to its all-time high has begun. 

Related Reading: XRP Price Closes Highest Quarterly Candle In History

Dark Defender’s accompanying chart showed that the XRP price could surpass its current ATH of $3.80 and rally to $4.2. This price surge is expected to happen between now and September, providing a bullish outlook for the altcoin. Crypto analyst CasiTrades also highlighted how bullish the break above $2.30 was for XRP. She claimed that the altcoin could reach as high as $3.04 on this leg up. 

At the time of writing, the XRP price is trading at around $2.42, up almost 4% in the last 24 hours, according to data from CoinMarketCap.

XRP
XRP trading at $2.44 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

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