Search results for Patrick L. Riley
Crypto
XRP extends weakness; analyst calls $0.80 zone a buy of a lifetime
XRP is testing a long-term support zone around $1, with market attention focused on the $1.00 to $1.05 range, The Crypto Basic reported. The token slipped about 3.79 percent over 24 hours and traded between $1.04 and $1.10 intraday. Crypto analyst Patrick L. Riley said a drop to $0.80 could be a buy-of-a-lifetime opportunity, while stressing it is subjective and does not mean XRP will fall or rebound there. Analysts cite $0.90 to $0.98 as the next support area, followed by $0.80 to $0.82.
Crypto
XRP could reach $630-$660 long term if 2017 rally repeats, analysis says
XRP could reach $630 to $660 over the long term if it matches the rate of gains seen in the 2017 bull market, an analysis showed. Crypto analyst Patrick L. Riley (패트릭 L. 라일리) applied the post-breakout rise from 2017 to XRP’s current weekly chart, placing the top of a log-chart measurement line near $650. The analysis said nearer-term support and resistance levels, including around $1 and the $3 to $3.60 zone, are more immediate points to watch.
Crypto
XRP $100 probability debated; analyst says higher than 1 percent
A claim has emerged that XRP has a greater than 1 percent chance of rising above $100 over the long term. Crypto investor and analyst Patrick L. Riley pushed back against caution expressed by former Ripple CTO David Schwartz, who has been skeptical of extreme price targets and said XRP would likely already trade near $20 if such outcomes were widely believed. Riley cited long-term technical patterns and referenced xAI’s Grok and Telegaon forecasts.