Armando Pantoja, a renowned crypto investor and market expert, has expressed confidence that XRP could eventually reach a four-digit price.
Pantoja discussed this in one of his recent XRP commentaries amid the latest market correction that has halted XRP’s uptrend. For context, after XRP surged over 60% to the $3.66 yearly peak, it faced a roadblock and has since pulled back to $3.00, as the broader market corrects.
Expert Suggests XRP Could Still Hit $1,000
Despite this momentary setback, market experts like Armando Pantoja remain confident in XRP’s long-term potential. In his recent commentary, Pantoja suggested that XRP will “definitely” reach the ambitious $1,000 mark. This disclosure was an effort to express his unwavering optimism in XRP despite short-term fluctuations.
However, Pantoja stressed that XRP’s journey to $1,000 will likely take longer than most expect. This is in contrast to sentiments held by other market commentators, such as Digital Ascension Group’s Jake Claver, who recently argued that XRP could reach a price between $1,500 and $2,000 by January 2026, citing several reasons.
Pantoja does not believe this is feasible. Instead, he believes it could take years for XRP to claim the $1,000 mark. He drew parallels to how long it took Bitcoin (BTC), the premier crypto asset, to claim and hold above the $1,000 level decisively.
How Long Could It Take XRP to Hit $1,000?
For context, Bitcoin first reached $1,000 in November 2013, when it soared to a new all-time high of $1,163. Essentially, BTC claimed this lofty milestone four years after it started trading. However, it lost the $1,000 mark immediately after and battled to reclaim it over the following years.
Notably, Bitcoin only decisively conquered the $1,000 region in Q1 2017, eight years after its launch. Accordingly, Pantoja’s commentary recognized this timeline instead, leveraging it to argue for XRP’s inability to claim the price mark.
Nonetheless, even relying on this 8-year timeline puts XRP behind by five years, as it is now 13 years in the market and still hasn’t reached $1,000. To justify this, Pantoja pointed to the SEC lawsuit, which began in December 2020 and seems to be close to a definite end.
According to Pantoja, this lawsuit set XRP’s trajectory back, and with the end edging closer, it’s now as if XRP is starting afresh. As a result, he chose to give XRP the same 8-year timeline it took Bitcoin to reach $1,000.
Despite the possible timeline, Pantoja argued that waiting for about 10 years to witness a massive 33,233% return is worth it. This would put the timeline at 2033 to 2035. Interestingly, with XRP now trading at $3.16, it has gained further to reduce the required uptrend necessary to hit $1,000 to about 31,545%.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
