A crypto analyst shared something many XRP holders might relate to. According to him, he stared at the XRP price chart he’d been watching for months, noticing how the red candles were slowly creeping down toward $2.
To him, the price action felt like déjà vu not random, but familiar. That’s what set him off on a five-hour research dive into chart overlays, old-school music, and a surprising connection to Tesla’s journey in 2018.
This analysis comes from a video on the Cheeky Crypto YouTube channel. In it, the speaker compares Ripple’s XRP to Tesla’s rollercoaster years ago, drawing insights that point to what might lie ahead for the XRP price.
Tesla Flashback and XRP’s Current Path
He begins by imagining a scenario where Brad Garlinghouse, the CEO of Ripple, appears on 60 Minutes on December 8, 2024. In this hypothetical, XRP’s price drops sharply from $2.61 to $1.96 overnight, triggering panic, memes, and uncertainty across the crypto community.
He then draws a direct comparison to Tesla’s historic journey. In 2018, Elon Musk had a controversial appearance on 60 Minutes. Tesla’s stock dipped to $11 after falling from $25, only to later explode 3,400% over the next couple of years. When he lays Tesla’s chart on top of XRP’s, the similarities are striking. Ripple’s token has dropped nearly 40% in the last four months, and Tesla had a six-month bleed before it reversed and soared. In both cases, the dip feels severe, but history shows it could be part of a bigger setup.
If XRP Does a Tesla-Style Rebound
If XRP were to follow the same path Tesla took, the analyst breaks down the possible outcomes:
- A 10x move would put XRP at $16.10
- A 20x move would send it to $32, which is the same prediction made by fellow analyst Cred B
- A 30x explosion would push XRP all the way to $48.30
He leans toward the 20x scenario, saying it’s the most realistic based on current fundamentals and recent sentiment.
Partnerships, Sentiment, and Global Use Cases
The speaker also touches on how quickly sentiment can shift. He jokes that “sentiment flips faster than pancakes,” and that the evidence supporting XRP’s value is thick, from global partnerships to its utility in remittance. Ripple has built liquidity corridors in places like Mexico, the Philippines, and across Africa. In these regions, mid-tier remittance companies are using XRP to lower costs and speed up transfers.
He reminds viewers that this is not just a meme coin or a speculative bet. It’s about real-world adoption. And since Judge Torres’s ruling in July 2023, which clarified that XRP’s secondary sales are not securities, the “XRP is a security” debate has quieted down.
Legal Drama and the Next Big Price Level
Ripple’s regulatory struggles mirror what Tesla faced with the U.S. government in its early days. The analyst notes that the SEC lawsuit was a huge cloud, but the July 2023 judgment cleared a big part of the fog.
Now, he’s watching a very specific price level: $2.65. He calls this the “go-go” trigger, the moment XRP might break out of its current lull and shift sentiment completely. Much like how Tesla turned a corner in Q3 2019 with surprise profits, XRP reclaiming $2.65 could flip the headlines from “Is XRP Dead?” to “How High Can XRP Fly?”
The Bigger Picture: Patience and Risk
He admits that waiting can be frustrating. He compares patience to broccoli not exactly tasty, but good for you. The same way Tesla tested nerves before hitting $100, and Bitcoin spent more time under $10,000 than above it, XRP could bounce between $2 and $3 for a while before making any big move.
The analyst also shares a personal moment from 2019. He bought Tesla at $15. His friend mocked the decision. Six months later, that same friend was asking how he predicted it. The truth? He didn’t. He just believed in the story and the data that backed it.
Still, he doesn’t ignore the risks. Things can go wrong. The macro environment could shift. Legal appeals could drag on. Partnerships could stall. That’s why he encourages viewers to use stop losses and stay diversified, not for buzz, but for protection.
Final Thoughts on XRP’s Potential
He ends with three big takeaways:
- XRP’s current chart looks a lot like Tesla’s just before it took off
- We’re in a zone where patience is crucial
- Adoption, legal clarity, and positive sentiment could all act as rocket fuel
Read Also: Bitcoin Price Stuck in Range but This Key Metric Hints at What Could Happen Next
But he’s clea that this isn’t a guarantee mand XRP could still flop. It could also 30x. The key difference this time? The growth won’t be from hype alone. It will be from actual utility and legal clarity.
And if XRP falls again toward $2.18, he advises investors to pause and ask: “Have the fundamentals changed, or is this just the market catching its breath?” He even suggests taping a note to your monitor: “Don’t panic. Sell the dip.”
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