RIPPLE XRP $30+ REALISTIC PRICE PREDICTION 2024!?! (BREAKING CRYPTO NEWS)

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So everyone wants to know what is a realistic price prediction for xrp for 2024 I’ve been in crypto since 2016 I got the 2017 bull run the 2021 Bull Run was able to become a crypto millionaire and being able to spot projects at the right time that not only have solid Tech

Utility teams tokenomics and narratives that will pave the trail for this bull run coming up but also spotting the projects that have yet to see their rally is the real key and xrp is one of those projects that not many people are talking about there’s a few select

People on YouTube that are talking about it but the majority are so focused on other projects that are seeing the hype right now such as salana gaming you know Avalanche you have artificial intelligence you have meme coins but xrp is an OG project it’s not going away so

In this video what I want to talk about is an xrp price prediction and also some breaking crypto news that would be the Catalyst to put xrp at $30 so is that possible again this not Financial advice no investing advice this is strictly information educational purposes only so

What you choose to do with your money is up to you consult your financial adviser but with that being said what I want to dive in for you into this video with you guys is what’s happening in the markets right now specifically with Bitcoin and how this will be the catalist that will

Catapult the rest of the markets and xrp as well too because when you look at the markets the main thing to understand about what would catapult a project is what would drive the market cap what would drive the growth of the project in how much of the total market cap of the

Industry is one project you know accumulating for example like Bitcoin you know has accumulated 51.9% of the total market cap of the whole industry of $ 1.66 trillion ethereum has 16.3% of that and so xrp you know with $3 31 billion market cap compared to bitcoin’s 864 billion if we

Take 31 billion and divide that by 867 billion xrp holds only 3.57 5% of bitcoin’s total market cap so by the end of this video I’m going to give you guys a price prediction I’m going to show you what’s happening on the charts and then we’re going to come back to this right

Here and show you what I feel is going to happen based on the growth of this entire industry with $ 1.67 trillion where Bitcoin is projected to go and then what that will mean for the rest of the markets if xrp holds just 3 to 5% of

The total market cap of Bitcoin so let’s Dive Right In comment 777 if you’re feeling blessed comment 777 if you’re feeling bullish and if you’re going to become the first millionaire and your family tree confirm it by taking your putter grab the like button just tap it

In give it a tib to taparoo syn the putt we’re doing it for grandma because we’re beating the SEC and we’re buying our house back with xrp let’s run it all right bu Runners welcome back to the channel so quick update about the Bitcoin ETF applications um all of them

Are filing their updated 19 B4 amendments now after the SEC consultations and and the SEC has said they have no additional feedback so the window for approval Remains the 8th through the 10th of January next week as per Bloomberg’s report so the final stretches here for these approvals in

Van X Matthew seagull is saying that black rock has over $2 billion lined up in week one for their Bitcoin ETF and then Mike Alfred just posted saying it’s truly breaking that he literally just got off the phone with one of Larry’s lieutenants and they’re saying that the

Rumors about Black Rock securing 2 billion in flows for the spot Bitcoin ETF are false the real number is more like $3 to4 billion so things are heating up now everyone’s feeling bullish and over in the Middle East qar is looking to buy Bitcoin speculation is saying that they want to allocate $500

Billion and if this happens this will easily catapult the price upwards of 100 or 200k for Bitcoin and so looking at the Bitcoin price chart there’s a few scenarios that could take place here based on the ETF approval and a lot of people are saying this is going to be

The sell the news event I actually think it’ be the exact opposite because it’s opening up up the doors for the majority of institutional Revenue to flow in we’re talking about billions of dollars then eventually trillions of dollars over the next few years to flow into

These markets so if the ETFs on the other uh side of the scale are are denied or delayed I would expect there to be a sell-off similar to what happened back in September of 2020 you know we saw Bitcoin rally up out of this range of roughly $10,000 come all the

Way upwards of $112,000 and for an extended period of time once we saw this rally it took about 31 days and then Bitcoin saw a sell-off so if the ETFs were to be denied you know Bitcoin could drop 18 19 20% instantly I think Bitcoin would fall

Back down to this range that it was struggling to break out from all the way back at the middle to end of November even towards the beginning of November of roughly 37,000 to $38,000 so that would be like a 15% drop and then arguably we could come all the way back

Down here to back test this range that we were consolidating dating in for you know over 200 days all the way back here so that would come at bad news right we have to look at the bad news and and think about what’s the with the likely

Case scenario and so the likely case scenario with a delay or a denial Flatout denial Bitcoin would crash down here consolidate and then most likely come all the way back down to 31k to 30k to this range and consolidate around here but the news is looking bullish and

So on the other side of the scale what would happen if it were to be approved well we could arguably see something like this happen right here where Bitcoin you know Consolidated from November 20th November of 2020 to December of 2020 for about a month and then Bitcoin broke to the upside during

That bull run and we saw a massive parabolic move for for Bitcoin and it rallied up you know about 138% so if we were to see something like this happen for Bitcoin I would expect Bitcoin to go upwards of 48 uh all the way up to maybe $60,000 now I don’t

Think the ETF news alone is is enough to drive Bitcoin past the all-time high although anything’s possible what I’m expecting is there to be some massive sell pressure up at these resistance levels you know one is obviously the 618 retracement at about $48,500 and so how this would affect xrp

I’m going to get into xrp’s chart in a little bit but the reason why we talk about Bitcoin guys is because with that ShakeOut news that took place right here when Bitcoin dropped from $45,000 to $40,000 really quick off of some report off of a company that nobody’s heard of

Before you know that was some orchestrated event to liquidate the Longs and so I don’t think that was correlated in that news report didn’t cause the crash there was some Insider manipulation happening behind the scenes to orchestrate a selloff to liquidate The Leverage Traders uh to wipe that off

The table and so that could Bitcoin could be bought up at $40,000 and we start the process again and so when we look at the heat Maps this shows how much Leverage is on the table at certain price points and you can see from dark

Blue all the way up to yellow in terms of millions of dollar 132 million you can see all the way up here at about $45,000 we have the most amount of Leverage up here and so the price tends to move towards where the majority of Leverage Traders are putting their limit

Orders at and so the price is gearing up for a major breakout to the upside more so than the the downside all the way upwards of you know you can see a lot of Leverage up here at 45,9 46k so that’s where I would expect the next move to uh

Happen for Bitcoin now we we forget a lot of people are talking about the um the ETFs coming in the United States for the SEC but people forget that there’s more countries out there right Hong Kong spot Bitcoin ETF signals a bullish Market shift more than the United States

And so over in the Middle East over in China over in you know Asia Hong Kong’s Financial regulator has set guidelines for approving spot Bitcoin ETFs embracing both in kind and cash crates models now explain what both of these are and how they’re going to move the

Market and this move is broadening the range of investment options in the crypto Market in positions because Hong Kong spot Bitcoin ETF you know has a more bullish initiative than the US equivalent because the US you know has been dragging their feet thanks to Gary gendler from the SEC and in contrast the

US has passed its final deadline for spot Bitcoin ETF issuers to submit their final amendments so we’re seeing these amendments fly in right now and then we’re just waiting until the 8th through the 10th so we have like three three four five days three to five days and it

Could happen any minute now guys so it’s crunch time right now and you know when you look at the $200 million seed investment in the spot Bitcoin ETF from bitwise we’re seeing these other companies starting to you know want to top that and put in billions of dollars

And I expect Black Rock to you know be the Mover and the Shaker of this and the in-kind ETF model typically is allowing investors to exchange their existing Bitcoin Holdings for ETF shares so with this model it means that investors can redeem their ETF shares for Bitcoin

Making the process a two-way street from Bitcoin to ETF shares and vice versa and this model appeals to current bitcoin holders looking to diversify their portfolios without transitioning to Fiat currencies and in contrast the cash ETF model involves buying and selling ETF shares using traditional Fiat currencies

Like the Hong Kong dollar or the US dollar and this Moder model is more familiar to traditional investors it’s more accessible for those not currently holding Bitcoin so Hong Kong’s decision to approve both ETF mod models it’s very very important because it opens up more investment avenues like you know drawing

Any more institutional and Retail investors this move is expected to enhance Bitcoin Market liquidity and stability reflecting a broader acceptance and regulation of cryptocurrencies globally and so the impact on bitcoin supply and demand Dynamics in kind ETFs could influence bitcoin’s availability on exchanges with the ability to redeem ETF shares for

Actual Bitcoin there is likely a decrease in Bitcoin available on exchanges and this coupled with the Bitcoin having event coming up end of April early May where Bitcoin creation rate halves approximately every 4 years this is going to significantly affect Bitcoin supply and demand and in terms

Of the global context and how this affects the rest of the world Hong Kong’s decision to allow both in kind and cash create models for Bitcoin ETFs represents a significant step as a large volume in the crypto Market comes from Asia as you guys know when the lawsuit

Hit Ripple versus the SEC you know xrp’s rebound was due to Asia was due to over in the Middle East was due to those markets because xrp was Dlisted from United States exchanges and now we’re starting to see a war for advertising start to pop up with these commercials

You guys saw the dois guy so we’re going to start to see a lot more advertisements pop up and the mainstream media is going to start to push this to more retail investors that are used to 401ks Roth Ras the stock market because most people still aren’t touching the

Crypto markets guys when you look at Google Trends and we type in Bitcoin then we sort based on the past 5 years you can see that the interest out of 100 is only 18 and it took a dip from that rally you know beginning of December we

Were upwards of 30 now if we were to compare it to something like xrp you can see that virtually nobody knows what xrp is around the globe compared to bitcoin xrp is a 3 out of 100 so in terms of Interest Bitcoin dwarfs xrp and Bitcoin is still not that interesting compared

To what it was back during the last Bull Run and so that’s a good sign because everybody knows that Bitcoin is not going to create generational wealth this bull run if you’re buying right now you know sure it could do a 3 four five maybe a 10x if it goes absolutely

Parabolic but a 10x for Bitcoin would be $400,000 so it’s most likely not going to do a 10x this bull run by 2030 I think it’s possible but the true generational wealth is in the midcaps the low caps and the micro caps and the Middle East is gearing up by approving

Ripple approving xrp over in places like Dubai to bridge the oil money um I just wanted to ask the panel one last question there was the great um phrase that when Bitcoin tanks don’t sell in panic let me get out first um I I was wondering what the what the

Estimate of the panel in 5 years time what is going to be the price of Bitcoin razor could I ask well I mean it’s going to be much much higher than now because um the next generation’s going to accept it as a means of payment and store value

Um the challenge is whether we’re able to create um safety around those transactions in that are we able to limit people that are nefarious from using it uh and I think Ripple and others will solve for that KY C no one wants to pay Hamas money to go out and

You know uh do their Dirty deeds and others in the region and Beyond so that’s the big Gateway for institutional adoption once that’s solved I think it’s going to add a couple of zeros to the end of that and um make some good money sounds good and lots of people are

Arguing that xrp is the centralized Bankers coin and that the price of xrp on the private Ledger is going to be different than on the public Ledger but listen to what the CTO at Ripple has to say about that but uh the question is

Will the value of xrp be the same on the in the private ledgers as it is on the public yes the value proposition of xrp is that it has this these liquidity pools it if it doesn’t make sense to isolate some like there’s no place where

Gold is worth twice as much as it is now because if there was people would just bring gold there and they would write and they would push they would buy gold somewhere else and they would sell it there um unless the only way that you can have the value be very different in

Two places is if there’s a lot of friction and if there’s friction someone will make a business of removing that friction so I don’t see any realistic scenario where xrp has significantly different value unless something’s wrong like a good example of a case there was a time where the value of xrp they

Called it the kimchi premium right where the value of xrp in some Asian countries was very high but that was because there were Capital controls right that was because things were bad um I think that’s a sign that something is not going well the value proposition of xrp

Is that you can take it to all of the places right if I sell you some gold and you say hey this gold can only be used in jewelry you’re like well that kind of sucks I don’t want that gold right the value proposition of gold is that you

Have access to the entire value proposition of gold and so I don’t I don’t see any scenario in which pieces where it makes sense to snip pieces off again unless something is wrong and everybody knows Swift and how that’s currently used with banking all across the globe but over 11,000 banks are

Using Swift and listen to this Swift is the pr preeminent messaging system for the financial industry which covers say payments FX trade in in terms of uh Securities etc nosto reconciliations etc what we’re looking with the crypto though is uh where Swift would have a store and forward system for most of its

Payment transactions where you need service level agreements that in a certain time I will do something the payment turns up at a certain time during the day here we’re looking at the new network Styles which allow instant real time movement to the funds and visibility of those funds as well so we

Would not have a situation where Banks need to come back to you and say have my funds arrived uh it’s 3 days later uh I need to find out or find query messages moving around the network there’s nothing like that I don’t believe Ripple is going to

Replace Swift Ripple is one of the complementary networks which is going to allow those institutions who need real time to make use of that and I think um we’re also seeing that Swift are changing their their Network capability so that real time will be a possibility

As that as well but we may also see Ripple xrp moving across the Swift Network as a currency where perhaps using something like FX now this is absolutely massive because everyone knows the Foreign Exchange Market is insane you see the daily turnover of global Foreign Exchange Market with 39

Different currencies from 2001 to 2022 and it continuously gets larger and larger and larger you know the daily volume was nearly 6 billion in US Dollars you know for November 2023 when this report came out and that’s not even including the Euro the JPY the GBP the

CNY the AUD the cad all these other currencies and so the foreign exchange change Market is the largest financial Market in the world larger than the stock market with a daily volume of $6.6 trillion and this was according to 2019 a central bank survey of FX and OTC derivatives markets so the institutions

Guys have been prepping for this and if we see a Bitcoin ETF approval well that not only paves the trail for potentially an ethereum ETF approval potentially salana cardano and xrp I think an xrp ETF could be coming down the pipeline now the per storm of opportunity would

Be Bitcoin ETFs getting approved leading into bitcoin’s having you know xrp ETF you know Bridging the oil money Bridging the FX markets all of a sudden this happening at Matrix level timing compared to the Past you know if I were to draw up the chart back from the bull

Run that happened you know 2015 16 and then 2017 when xrp shot up you know we could be arguably you know just a month or two away from something like this it’s pretty trippy how similar this is where you see you know a sell-off consolidation period xrp grinds up just

Exactly what happened back in 2016 one final ShakeOut event down here where xrp saw a selloff below the upward trending support line right here xrp currently Wicked off of this upward trending support line so if we see xrp sell off further to the downside but yet hold

This support I would expect eventually a move for xrp to come in the near term this year before bitcoin’s having and that would be at the backs of an ETF approval now if the ETFs get denied you know that’s not going to be good for the whole altcoin market cap so the Catalyst

That would Propel xrp to 30 bucks would be the Bitcoin ETF approval and then leading into Ripple iping potentially an xrp ETF and then the Federal Reserve to figure out what they’re doing with the interest rates because in March they’re planning on low ring so if the fed’s

Going to be lowering interest rates in March right before bitcoin’s having I would expect there to be a crash this year happening and then the boom after after the crash similar to what happened back here during Co but I don’t expect it to be too big of a Black Swan event

Compared to that although anything’s possible but I do think that in the short term you know xrp is looking bullish upwards of you know 90 a130 then consolidates potentially sees a crash back down to this upper trending support so the best thing to think about here

Guys for xrp is Hey listen if we shoot up to the Moon right now or tomorrow or when you’re watching this video If xrp is currently rallying well then you’re missing your chance to accumulate as much as possible so the longer that we consolidate the better in my opinion

Because that gives me personally more time to accumulate xrp now I do want to talk about price predictions on what’s possible based on Fibonacci retracements based on market cap and based on the macr market narrative because if I were to draw the Fibonacci retracement tool

From the high to the low if we were to look at what would take xrp to a full extension that’d be about $13 and so in the shortterm for xrp you know I would expect it to come up to retest this downward trending resistance that I’ve talked about in so many different videos

At about A1 you know3 roughly right around here which would be a you know about a 382 if it would be a 618 retracement if we were to draw from the high of 2021 to the low of 2022 bringing xrp within this range right here we could see xrp rally up

Here get rejected then consolidate at the upper echelon of this downward trending resistance right here but then again we could fly right through it but what would cause this obviously ETF approvals but also massive market cap growth we would need to see institutions dump a lot of money into the altcoin

Market and all altcoins are going to be rallying so xrp is a strong anchor of my portfolio although I do think other projects are going to see higher upside in the short term because they do have lower market caps like some projects like Celestia you see like chain link

You know has like an 8 billion market cap you see you know other projects like xlm smaller market caps you see Avalanche you see these projects that don’t yet have a $30 billion market cap so it takes a lot more money to move a project like xrp so rather than just

Throwing out random price predictions of like a 100 bucks 200 bucks $1,000 like a lot of the the moon maath people are out there are doing we need to look at comparison to bitcoin on what it would take for xrp to do $30 and where that would put Bitcoin relative to where xrp

Is right now based on bitcoin’s total market cap so if xrp maintains the current percentage of bitcoin’s total market cap at about 3.5% and bitcoin’s market cap is at $864 billion well how do we calculate this what we do is we take the potential price of what we could go to and see

What that would mean for the market cap so for example if xrp were to go to 30 bucks what we would do is we take the price prediction let’s say $30 and we would multiply that by the circulating Supply now keep in mind Ripple releases xrp from their escrow every single month

They release about a billion but then they put a certain amount back into escrow so with this prediction we’re going to be basing off the current circula and Supply keep in mind that this circul in Supply is going to increase which would further skew the numbers and I’ll explain how that works

So we take 30 bucks multiply that by 54.2 billion xrp and that would equal $1.6 trillion market cap that would be needed at the current circulating Supply to hit $30 so that’s possible but we would need to see what Bitcoin would be if xrp held 3.5% of bitcoin’s total

Market cap and xrp’s market cap was $1.6 trillion at this so let’s just say $40 trillion multiply that 035 so that’s 3.5% that’d be about $1.4 trillion so bitcoin’s market cap would need to be roughly between 40 and 50 trillion dollar and xrp would need to

Hold 3.5% of that to have a $30 price prediction now what would that put bitcoin’s price at so how we figure that out is very simple we take the market cap and we divide that by the circulating Supply to get the price and so if we were to take

864 billion dollars in market cap when we divide that by the circulate supply of about 19.5 9 million Bitcoin that would be about $444,000 where we are right about now so if the market cap of Bitcoin would need to be between 40 and 50 trillion doll in order for xrp to have a

$30 price target with the current share of 3.5% of bitcoin’s total market cap well let’s just say based on the circulating Supply because it’s virtually impossible to know what xrp circulating Supply would be at that because Ripple decides how much they’re going to put back in their escrow based on the billion that

They release every month so let’s just say on the upper echelon of $50 trillion so if we were to take $50 trillion in terms of bitcoin’s market cap and divide that by let’s say 20 billion Bitcoin because by that time the market cap to get to 50 trillion I would assume more

Bitcoin would be in circulation from the max Supply bitcoin’s price would need to be roughly $2.5 million at a $50 trillion Market market cap now Michael sailor thinks that’s possible but in 2024 I don’t know guys I mean that’s a long shot I think by 2030 we could see a

Million doll Bitcoin maybe a $2.5 million Bitcoin anything’s possible with the gross debt of the United States projected to grow from 33 trillion to over $50 trillion by 2030 so by 2030 a significant amount of money is going to flow in and Paving the trails for Mass

Adoption to grow from where we are right now $1.67 trillion this industry is a tiny little minnow in fact it’s not even a minnow it’s like a little little crab on the side of the rock that is projected to grow into the tens or 50 or hundred trillion dollars over the next

Decade and this massive whale has received 735 million in tether the stable coin from the tether treasury in the past 3 days this whale deposited usdt into exchanges so they’ve deployed 2.5 billion usdt into the crypto since October 20th so do they know about the Bitcoin ETF approval what’s happened

Happening behind the scenes there and what are you doing to prepare for what’s about to come over the next few years as we back up our truck all the way to bank we grab the bags pack them and stack them leave no bags left behind because we believe the spending power of the

Dollar is going to continue to go down in value that’s a fact based on inflation blockchain technology distributed Ledger technology and cryptocurrencies specifically xrp are gearing up to become more popular and together you know where we’re going guys we’re going camping on the beaches of

The Moon I’ll see you on the next video if you want to discover our top altcoin picks first and get early birri access to our financial education platform when that’s released with no previous crypto trading experience all you have to do is go to Bull runners.com or click the link

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Get access to that information right away before the YouTube algorithm pushes it to you because we like to give you the best to help you prepare for the worst that’s yet to come in this economy so let me know your guys thoughts do you guys agree do you think xrp could go to

$30 I think by 2024 you know I’m I’m expecting anywhere between five to to 20 bucks Max for xrp I think $30 is possible by 2030 but let’s not get ahead of ourselves here we first need to see xrp you know reach the all-time high first and then when that happens then

It’s Off to the Races so I appreciate you guys for watching this video I’ll see you on the next one I’ll see you on bull runners.com as always you know what to do stay bullish