Crypto Patel Challenges $50 XRP Scenario With $3.18 Trillion Math

Technical analyst Crypto Patel challenged a $50 XRP price scenario in a Nov. 7 post, arguing that the implied valuation would exceed the roughly $2.5 trillion crypto-market figure he cited.

Using a circulating supply of 63.51 billion XRP, a $50 price implies a market capitalization of $3.1755 trillion, or about $3.18 trillion. Patel’s post put the result at $3.17 trillion and said the comparison figure for the total crypto market was about $2.5 trillion.

“Be realistic with your price targets,” Patel wrote. His two-week chart sets a long-term target of $10, with a timeframe spanning 2027 to 2028. It marks $1.55 as a key level and labels the area above it “Bullish Above.”

The chart’s $10 target is separate from the $50 scenario Patel challenges. A separate $50 XRP scenario from analyst Gert van Lagen tied that price level to a market capitalization of about $3 trillion.