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XRP's Path to $95? Analyst Sees Netflix-Style Rally for the Crypto’s Price

Analyst compares XRP’s growth potential to Netflix’s remarkable stock rally. Credit: EconoTimes

In a bold prediction, a crypto analyst forecasts XRP’s price might reach $95, citing similarities between XRP’s price movements and Netflix's stock trajectory. His analysis hints at a potential breakout, undeterred by regulatory obstacles surrounding Ripple.

XRP’s Path to $95? Analyst Draws Netflix Comparison

By drawing parallels between the cryptocurrency and Netflix's NFLX shares, Egrag Crypto implied in an X post that the price may go as high as $95.

Following an exponential growth pattern like NFLX, he predicted, the XRP price might do the same. At its present price of $754, NFLX might potentially reach this level for XRP.

Chart Highlights Price Parallels Between XRP and NFLX

The analyst included a graphic showing the price change of XRP relative to the start of trading for Netflix stock with his analysis. The chart revealed certain parallels between the 2002–2004 price spike of NFLX and the 2017–2018 price surge of XRP.

Juxtaposed with the stock's meteoric rise from 2008 to 2011, the cryptocurrency is now in a position to experience a price breakout to $95 based on the similarities between their price patterns.

Patience Over Profits: Analyst Urges Long-Term Approach

As we wait for XRP's exponential growth, Egrag Crypto stressed the importance of being patient.

Day trading meme currencies and seeking rapid riches seems to be engrossing many crypto users, he hinted. But according to the analyst, that won't work in the long run.

“Stay Steady” Through Market Fluctuations, Analyst Advises XRP Holders

Purchasing cryptocurrency with the intention of holding onto it and benefiting from its exponential growth is the "real play" in his opinion. He reiterated his earlier point about the importance of patience by using Netflix stock, this time saying that the same ideas are applicable to the coin.

No matter what happens with the XRP price, regulations, the US SEC, or even the US presidential contest between Donald Trump and Kamala Harris, Egarg told XRP holders to "stay steady" and not panic. None of these things, the expert said, will "stop the evolution of money that XRP represents."

Ripple’s Legal Battle and SEC Appeal: Potential Timeline

Many in the XRP community still think that Ripple's protracted legal dispute with the US SEC is preventing the XRP price from reaching its potential for exponential development.

In such case, the Ripple SEC appeal may cause the coin's price to stay flat for the time being.

The appeal may continue until 2026, according to the timeframe given by Stuart Alderoty, the CLO of Ripple. Nevertheless, XRP's value can reach $100 in the next one to five years, according to a CoinGape market estimate.

Current XRP Price Trends Amid High Trading Volumes

The price of XRP has dropped more than 1% in the past day, and it is currently trading at approximately $0.51. With $1.14 billion changing hands, trading volume increased by over 20%.

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