Modern Investor Sees Bitcoin at $295,000, Ethereum at $11,000 and XRP at $8.95
The Modern Investor’s Numbers
The Modern Investor put forward a straightforward set of targets. He said, “I could totally see Bitcoin going to around $295,000.” He paired that with an Ethereum range of $9,000 to $11,000 and placed XRP at $8.95. Cardano received a $5 target.
He described these as part of a normal cycle, acknowledging the gains are significant but positioning them within historical patterns of crypto market behavior. The prediction reflects a view that the current cycle has room to develop into something substantial.
XRP at $8.95 would represent an increase of almost 590% from the current price of $1.30. The Modern Investor appears comfortable placing XRP alongside Bitcoin and Ethereum in the same bullish scenario.
XRP’s Position in the Prediction
XRP has spent years building utility and expanding its use case in cross-border payments and institutional finance. The Modern Investor’s $8.95 target reflects confidence that this development will translate into price appreciation during the next major cycle. The projection aligns XRP with the market performance he expects, rather than treating it as an outlier.
Squire shared the video with the note that after everything XRP has been building, $8.95 “doesn’t sound like an impossible dream.” His statement captured the sentiment shared by many in the XRP community who see the asset’s fundamentals as justification for aggressive upside targets.
The Community Reacts
The post generated a range of responses.
A Target That Demands Attention
The Modern Investor’s prediction is specific. Specific targets invite scrutiny, and that scrutiny is already underway. Whether or not $8.95 materializes, the conversation it generates keeps XRP at the front of cycle discussions. Squire said he would love to see the prediction become reality.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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1. Technology stocks fell sharply as investor interest shifted toward energy and selected defensive assets. From October 10 to 16, the Nasdaq 100 declined 5.49% and the S&P 500 fell 1.95%, while the Dow gained 0.67% and WTI crude rose 10.41%. BTC, ETH, and SOL declined 1.27%, 2.65%, and 4.44%, respectively. This week's technology earnings will be an important test of whether revenue growth, margins, and cash flow can justify current valuations. Better-than-expected results could help stabilize markets in the near term. 2. Crypto continues to see pockets of strong activity, but a broad-based altcoin season has yet to materialize. CoinMarketCap's (CMC) Altcoin Season Index stood at 54 as of the October 18 UTC daily observation, below the altcoin-season threshold of 75, while BTC dominance rose to 60.08%. Our proxy leverage ratio fluctuated between 4.00 and 4.07 during the week, showing no sustained increase and suggesting limited appetite for additional leverage. Meanwhile, as major exchanges expand access to traditional financial assets, the recent sell-off in AI-related equities could attract short-term speculative capital away from crypto. Such capital rotation could make it more difficult for a new altcoin season to take hold. 3. Papertrade's loss-to-mine model has generated significant interest across the crypto community. The protocol combines high-leverage derivatives trading with zero slippage and a mechanism that rewards trading losses with PAPER tokens. Across the eight complete UTC days from October 10 to 17, cumulative reported revenue reached approximately $56.08 million, including $51.90 million distributed to token holders. With growing participation from key opinion leaders (KOLs), Papertrade has reportedly ranked among the top three platforms by profitability in the broader market recently. Assets to watch: BTC, ETH, SOL, ARB, OP, SKHYNIX, SKHY, META, TSLA, LRCX, and SPCX. Key research priorities this week: Cash flow performance in technology earnings; the relative discount and holding costs of the two SK Hynix contracts; and U.S. initial jobless claims and PMI data. Weekly market data cover the period through October 16, while research information was verified through October 18. Observation periods are specified separately for each chart.
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