Ripple CTO is the main man for XRP news this week. David Schwartz finds himself defending a seven-year-old post that a vocal segment of the community insists was a price promise.
The timing matters, sentiment is fragile, and the conspiracy theories surrounding Ripple leadership never fully go quiet. What Schwartz said in 2017 and what XRP holders heard are apparently two very different things.
The controversy resurfaced on X after a user accused Schwartz of deliberately misleading XRP holders.
The debate centered on a 2017 thread in which Schwartz argued XRP could not be “dirt cheap” if it handled large global transaction volumes, using a straightforward liquidity example: at $1 per XRP, moving $1 million requires one million tokens; at $1 million per XRP, a single token does the same work.
Schwartz was explicit this week: the post explained market mechanics, not a price target. He said deleting the thread would strip useful context and deepen the confusion rather than resolve it.
The episode adds pressure to an asset already navigating choppy technicals, with 21 of 28 tracked indicators flashing bearish as of late April 2026.
Whether the market cares about old forum posts is debatable, but XRP holders clearly do.
Can XRP Price Pump Above $1.61 This Week, or is the News Holding it Back?
XRP is stuck in a tight range around $1.43, and that low volatility usually means a move is coming, but right now the setup leans slightly bearish.
Short-term momentum is still holding, which is why XRP price has not broken down, but the bigger trend is weakening, with longer-term indicators pointing lower.
The levels are clear.
Support sits at $1.39, and that is the line holding everything together. Resistance is at $1.61, the first real barrier if buyers step in.
If XRP can hold $1.43 and push with volume, a move toward $1.61 is possible.
More likely, though, it just drifts sideways around $1.41 to $1.43 while the market waits for direction.
The risk is a break below $1.39, because once that goes, there is not much support immediately underneath, and downside can open quickly.
So this is a compression phase with a slight bearish tilt, and the next move will likely be sharp rather than gradual.
LiquidChain (LIQUID): Is This the “XRP” of This Cycle?
XRP around $1.43 is basically capped in the short term, with limited upside unless a real catalyst shows up, and that is the reality of a large market cap; moves get smaller and slower.
That is why some traders look toward earlier-stage infrastructure, where the upside is still forming, even if the risk is higher.
LiquidChain is targeting that angle, focusing on cross-chain liquidity by connecting Bitcoin, Ethereum, and Solana into a single execution layer. The idea is to reduce fragmentation so developers and users can access multiple ecosystems without rebuilding.
The presale is still early, around $0.01453 with just over $700K raised, which means it is not widely priced yet and still in the accumulation phase.
But it is also unproven. Execution, adoption, and real usage are still unknown, which is the trade-off with early-stage projects.
So the contrast is simple, XRP offers stability with limited upside, while something like LiquidChain offers higher potential, but with higher uncertainty.
VISIT LiquidChain HERE.
The post XRP News: Ripple’s CTO Is Being Accused of a Price Promise He Made in 2017: Did He Actually Say XRP Would Hit $1 Million? appeared first on Cryptonews.
Credit: Source link