Edo Farina: XRP $20 Target Just the Start

Edo Farina, the founder of Alpha Lions Academy, is feeling bullish about XRP! He’s recently shared his optimistic vision for the future of the cryptocurrency.
Farina thinks that $20 for XRP might just be the starting point, hinting at even greater potential gains. He tweeted about this on Friday, and he’s drawing parallels to Bitcoin’s incredible journey to support his positive take on XRP.
To make his point, Farina pointed out how those who sold Bitcoin for $500 a decade ago are probably kicking themselves now that it’s soared past $100,000. He’s using this same idea for XRP, suggesting that selling now at around $2.36 might be premature and a missed opportunity.
He even posed a question to drive the point home: “If you knew 10 years ago that BTC would reach $100K, would you be selling at $500 for fiat?” And his emphatic answer? “Of course not.”
$20 XRP? That’s Just the Start!
Interestingly, Farina also mentioned that hitting $20 for XRP wouldn’t make him sell – in fact, he’d be buying even more! This really suggests he sees $20 as just a stepping stone on the way up.
He further emphasized his point by comparing selling XRP at $20 to someone selling Bitcoin at $500 back in the day – missing out on potential bigger gains later.
Of course, XRP at around $2.36 still has a considerable climb to reach that $20 mark – we’re talking about needing a 750% jump from its current price!
Despite this, Farina remains confident that $20 shouldn’t be seen as a point to cash out. Instead, he’d be buying more, just like Bitcoin holders are now reaping the rewards of holding as it cruises in six-figure territory. “I know what’s coming,” he declared, adding a touch of mystery.
Not Everyone’s on Board – Critics Chime In
However, not everyone shares Farina’s sky-high optimism. Other XRP market watchers, like technical analyst JD, have pushed back against Farina’s views. JD, for example, thinks buying more XRP at $20 is a bad idea, seeing it as a peak where folks should be taking profits before a potential big drop.
In JD’s opinion, investing at that $20 level would be carrying far more risk of losses than potential gains.
Just How High Does Farina Think XRP Can Fly?
But Farina isn’t just thinking about double-digit XRP – he has much bigger dreams! He’s repeatedly hinted at XRP hitting thousands of dollars per token.
In fact, in one of his boldest predictions, he’s even said that XRP reaching $10,000 per token is “inevitable”! His confidence is rooted in XRP’s increasing usefulness in the payment world.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.