Alfred Predicts XRP to Plummet to Negative $5

Crypto investor Mike Alfred has shared an unusually bearish long-term outlook for XRP. In a recent post, he predicted that Bitcoin (BTC) will eventually reach a target of $1.5 million per coin and Ethereum (ETH) will climb to $31,500. However, his forecast for XRP is starkly different.

Instead of predicting gains, Alfred said his long-term target for XRP is 'negative $5 per coin.' Market participants interpreted this as sarcasm rather than a literal price forecast.

This view clashes with the growing narrative that XRP will reach $5 in the future. In 2024, crypto analyst Altcoin Moe predicted that XRP would hit $5 during the 2025 bull market. However, XRP peaked at around $3.65, falling short of that milestone.

On-chain data continues to support bullish sentiment for XRP. The asset's withdrawal from centralized exchanges remains strong, with Binance's XRP reserves declining to a five-month low and Coinbase recording a net outflow of 13,000 XRP in recent weeks.