Ripple News: XRP Turns Bullish After World’s Highest IQ Investor Declares He is Buying The Altcoin
The post Ripple News: XRP Turns Bullish After World’s Highest IQ Investor Declares He is Buying The Altcoin appeared first on Coinpedia Fintech News
YoungHoon Kim, officially recognized as the world’s highest IQ holder with a score of 276, has announced that he is investing in XRP. Known for advising multiple crypto projects and mentoring, Kim shared his decision on social media, giving rise to speculation that he sees real potential in the digital asset.
The decision comes on a day when XRP has been made available on Solana, which opens doors for cross-chain applications. While he has recently focused on XRP, he also commented on Bitcoin, predicting it could reach $100,000 within a week from December 10 and potentially hit $300,000 early next year.
His statements have drawn attention in both the intellectual and crypto communities, with experts interpreting his involvement as a strong endorsement for XRP and Bitcoin.
XRP Price Analysis: Breakout Coming?
XRP’s weekly chart shows it is still influenced by a larger bearish divergence confirmed months ago. Around July and August, analysts warned that a multi-month pullback was likely—and it has largely played out.
The support zone now sits between $1.80 and $2.00. A weekly close below this area, especially if XRP fails to recover above it, could trigger a major bearish move reminiscent of the 2021–2022 bear market.
In the short term, XRP has been trading sideways with minor pullbacks. Immediate support is around $2.00 to $2.05, with further short-term support near $1.94. On the larger time frame, $1.80 is the critical level that could hold the price.
Resistance for XRP lies near $2.12 and $2.20. Any short-term bounce could see XRP testing these levels. Additionally, movements in Bitcoin may influence XRP’s trajectory; a Bitcoin breakout could provide temporary bullish momentum for XRP and other major altcoins.
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