A prominent crypto analyst, BarriC, has outlined a potential roadmap for XRP’s price trajectory, predicting it could reach $1,000 from its current value. According to their X post, XRP is anticipated to climb gradually through stages, reaching $3, followed by a surge to $5 and then potentially soaring to between $10 and $20 before entering a bear market correction. They believe this surge will stem from increased adoption of Ripple’s technology by financial institutions, claiming it outperforms SWIFT in terms of speed and cost-effectiveness for transactions. BarriC predicts XRP’s value could even reach $100 by December driven by wider bank adoption. However, the analyst cautions that a target price of $1,000 remains improbable due to its massive circulating supply. 58.4 billion tokens in circulation would translate into a market capitalization exceeding $58.4 trillion at $1,000, surpassing even the global GDP and public company market cap. This poses a significant challenge to reaching such a price point. Despite this challenge, the analyst cites positive technical indicators on XRP’s chart, including an upward trend in price above its 25-day moving average, as well as potential breakouts. They believe these trends suggest a strong possibility of reaching year-to-date high of $3.40, representing a significant increase from the current level.