
Ripple CTO David Schwartz dismissed predictions that XRP could reach $10,000, arguing that if even a small chance existed, rational investors would have already driven the price to $20. Currently trading around $1.37 with an $85 billion market cap, XRP faces resistance at key technical levels, indicating a bear trend. Schwartz's comments highlight the gap between optimistic community expectations and market realities, especially amid broader skepticism about cryptocurrencies. The next key price target to watch is the Bull Market Support Band around $1.60, which would signal a potential trend reversal if reclaimed.