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XRP has risen back to $3 as a deepfake scam targeting Ripple’s CTO raises alarms within the community – prompting new inquiries regarding the XRP price forecast.
A video impersonating David Schwartz has circulated on social media, compelling the executive to issue a public alert about possible scams.
While XRP’s price movement remains robust, the rise of such impersonation attempts may challenge investor trust and affect short-term trends.
pic.twitter.com/4KYMP7UZQw
— David ‘JoelKatz’ Schwartz (@JoelKatz) September 5, 2025
Trading volumes for XRP have surged by 15% over the last 24 hours as the token hit this significant price level. Schwartz’s warning aligns with multiple notifications from Ripple regarding “an increase” in this type of incident on YouTube.
An X post from July 23 cautioned that scammers are breaching accounts on the video platform and renaming them to “Ripple”.
After gaining access to these accounts, they release deepfakes of company officials urging the public to transfer their digital assets to specific wallets to misappropriate their funds.
XRP Price Forecast: XRP Could Easily Double After Breaking Through This Resistance
The daily chart indicates XRP is testing the upper limit of a descending triangle, a crucial point that could dictate its next significant movement.
With bullish momentum gaining strength, a breakout above this resistance could lead to a retest of this year’s peak near $3.65 – a vital target in the current XRP price forecast.
If this breakout occurs alongside increasing volume, it would bolster the argument for a bullish XRP price forecast.
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Momentum indicators are also showing positive signs. The RSI has risen above its 14-day moving average – often interpreted as a buy signal – and XRP continues to trade above the 200-day EMA, despite recent market corrections.
With altcoin season in full effect, investors are eager to identify the next significant opportunity – and one name is beginning to take center stage.
Maxi Doge ($MAXI) has surfaced as a leading contender in the meme coin arena, driven by explosive early interest. In just a few weeks, the project has amassed nearly $2 million, establishing itself as one of the most sought-after crypto presales of the year.
Maxi Doge ($MAXI) Surges Past $1.9M as Meme Coin Enthusiasts Join In
Maxi Doge ($MAXI) is not your typical Ethereum meme coin – it’s a turbo-charged Shiba Inu that thrives on bull market volatility and focuses solely on upward price movements.
This dog disregards risk management.
It’s fueled by leverage, pursuing opportunities that keep traders engaged.
For Maxi, caution is merely a four-letter term.
Through the Maxi Fund, up to 25% of presale funds are allocated directly into high-potential tokens, enhanced with 1000X leverage to maximize every bit of momentum from this bull cycle.
Maxi’s objective is straightforward – escape the confines of mom’s basement, capitalize on every surge, and take its holders along for the most exhilarating journey of the year.
While stable coins progress slowly, meme coins like $MAXI are designed to soar.
To invest:
– Visit the official Maxi Doge website
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Visit the Official Website Here
The post XRP Price Forecast: Ripple CTO Issues Urgent Scam Alert – Are Holders Being Set Up for a Rug? appeared first on Cryptonews.
