XRPBullpending
Stock MoeTarget Price
$2
“Personally, I think we're going back up to two.”
Thesis at the time
Strongly BullishStock Moe argues XRP led a market-wide short squeeze this week, fueled by low exchange supply, a wave of liquidated shorts, and positive regulatory catalysts like the Clarity Act and Ripple's White House presence. He believes the move is not over despite overbought conditions and personally expects XRP to reach $2.
Key arguments
- XRP led the market with a 36.7% weekly gain versus 29.1% for ETH and 22.9% for BTC
- Roughly $1.25 billion in shorts were liquidated within the week, with $1 billion wiped out in a single hour
- The Clarity Act and White House attention are seen as regulatory tailwinds specific to XRP
- XRP funds posted their best inflow day since June
Counter-arguments acknowledged
- RSI is deeply overbought, which historically precedes cooling off or sideways chop
- Losing the 119 level would invalidate the bullish setup
- He personally expects a sideways 'chop' scenario to be the most likely near-term outcome rather than immediate continuation
Hedges and caveats (from the video)
- Content is for entertainment only
- Creator acknowledges uncertainty about whether rally will continue or reverse
- Questions raised about whether market is overbought
- Past prediction about short squeeze setup (not new prediction)
The call
- Date said
- Aug 23, 2026
- Current price (live)
- $1.62$0.38 below target
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
He states personal conviction and reiterates it later, but softens with 'I think' and advises setting stop losses, and elsewhere says a sideways 'chop' scenario is actually his most likely expectation.