XRP’s Biggest Skeptic Just Unleashed a $5K Price Prediction Bomb — Here’s the Shocking Reason

XRP's most vocal critic just flipped the script—dropping a near-$5,000 price target that's sending shockwaves through crypto circles.

From Bear to Bull: The Stunning Reversal

The same analyst who spent years tearing apart XRP's fundamentals now points to regulatory clarity and institutional adoption as game-changers. Banking partnerships that actually materialized—not just promised—are finally moving the needle.

The $5K Math: Pure Genius or Pure Greed?

That number isn't just plucked from thin air. It's built on market cap comparisons against Bitcoin and projected adoption rates in cross-border payments. Still feels like fantasy math designed to generate clicks—but hey, in crypto, even absurd predictions sometimes will themselves into reality.

Why Now? Timing The Narrative Shift

With Ripple securing license after license and actually deploying tech instead of just hyping it, even skeptics are forced to recalibrate. Traditional finance slowly embracing blockchain doesn't hurt either—though watching bankers 'disrupt' themselves is always good for a cynical chuckle.

Bottom line: When your biggest hater starts pumping your asset, maybe it's time to pay attention. Or maybe it's just another pump waiting to dump. Crypto never changes.

Pattern And Price Action

According to the analyst, XRP formed a clear W pattern on the weekly chart after topping NEAR $3.4 in January. The sequence he highlighted ran from a $3.4 high to a low of $2.11 in April, a bounce to $2.6 in May, then a slide toward around $2 in June before the latest rally pushed back above the prior January high.

That return, he says, completed the formation. He described the MOVE as organic price action, contrasting it with a sharp 580% surge between November 2024 and January 2025 that he suggested showed signs of abnormal force.

XRP TO 4761 !!!?

XRP just made a massive move and it might only be the beginning. A clean market structure, a perfect W pattern, and a potential 1.618 Fibonacci extension point to a shocking

$4,761 (yes, in CLP) pic.twitter.com/2lxy6sOPBa

— Davinci Jeremie (@Davincij15) August 26, 2025

Fibonacci Target Translated

Based on reports, the analyst mapped Fibonacci extension levels from that chart sequence. The Fib 1.61 point came in at 4,555 Chilean pesos.

He also flagged a nearby range in the 4,700 pesos area. Earlier he posted a 4,761 figure that many readers assumed was in US dollars; he later clarified it was denominated in Chilean pesos, which converts to roughly $4.93.

In plain terms: his near-term math points to XRP approaching the $5 region, not $4,761. He added that XRP could push a little past the 1.618 mark before cooling off.

The same analyst has not always been bearish. He once predicted a potential run to between $20 and $24 during this cycle, while still expressing doubts about long-term fundamentals.

Back in January he said any upside WOULD be cycle-driven rather than based on a change in his view of XRP’s core case. Whether the new CLP target is a stop along a path to that higher forecast remains unclear from his comments.

Our crypto futures suite just surpassed $30B in notional open interest for the first time ever.

Our SOL and XRP futures, along with ETH options, each crossed $1B in OI, with XRP being the fastest-ever contract to do so, hitting the mark in just over 3 months.

This is a… pic.twitter.com/xXV9TyP61O

— CME Group (@CMEGroup) August 25, 2025

Meanwhile, reports have disclosed that XRP futures listed by CME hit $1 billion in open interest faster than any other crypto product in the exchange’s history.

The contracts launched on May 19, 2025, and reached that mark in just over three months. Since the launch, traders moved 251,000 contracts with a combined notional volume of $9.02 billion.

Average daily trading on those contracts was $143 million, and a one-day record of $235 million was set in July. Those numbers show a rising level of institutional and retail participation in derivatives tied to XRP.

Market watchers say rising open interest can precede strong moves, especially when liquidity and volume climb together. That does not guarantee a sustained rally, of course. Open interest can rise into both upward and downward trends.

Featured image from Meta, chart from TradingView