In a Nov. 30 YouTube video, popular crypto analyst “DustyBC” shared his continued bullish perspective on XRP despite some recent technical issues experienced by exchanges like Binance and Ledger.
Shifting to price action, the analyst drew comparisons to XRP’s performance during Bitcoin’s last bull run in 2017. With Bitcoin up 250% from its 2017 high while XRP remains down 33%, he believes external factors like SEC litigation have suppressed XRP’s price.
Now with the SEC case seemingly nearing conclusion, the analyst thinks it’s a matter of time before XRP sees significant gains. “From almost any analysis that you can do, it just makes sense,” he commented. Still, the analyst cautioned listeners not to expect an immediate parabolic rally even if the case closes favorably.
Getting to a dollar is not that hard. It’s getting into a sustainable rally that’s the difficult part. You don’t want a one-time pump. You want it to be basically continuing.
In terms of predictions, while being clear he is not offering financial advice, the analyst said he personally does not envision any scenario where a $1 investment in XRP today fails to return $5 in the future. He believes $1 could eventually be worth about $32.
Ultimately the analyst urged viewers to remain committed despite crypto’s volatility. “In your whole crypto journey, don’t give up now,” he emphasized, highlighting how long-term XRP holders have persevered. He also advised investors determine clear price targets for taking profits to minimize regret.