In an astonishingly bold forecasting, Wells Fargo’s head of treasury management Shannon Thorp laid out an optimistic outlook for the XRP crypto, the digital asset created by Ripple.
According to Thorp’s forecasting, the value of XRP could soar astronomically, potentially reaching between $100 and $500 in the short term, particularly in the next four to seven months.
Such forecasting of a price increase represents an incredible 14,200% to 71,400% increase from the current value.
Thorp’s bold prediction of the Ripple (XRP) crypto
Thorp’s approach to predicting the future value of XRP takes a novel perspective that departs from existing debates within the XRP community.
One side relies solely on the graphical patterns and trends exhibited by Bitcoin to derive short-term price predictions, while another emphasizes the importance of XRP’s utility and partnerships as major factors in its price.
However, Thorp introduces a new concept called Liquidity Strength (LS), which s
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