A trader named Dr. Potassium shared a shocking long-term silver price prediction on May 17, calling for the metal to reach between $1,481 and $2,361 per ounce by 2032–2036. The forecast, based on a 65-year chart and a measured move following silver’s breakout above the 1980–2011 resistance line, implies a 20× to 30× surge from current levels around $76. While the technical logic holds precedents—including silver’s 25× rally in the 1970s—the scenario would demand extreme monetary debasement, a global financial reset, or a severe physical supply crisis.
Dr. Potassium’s analysis draws a multi-decade trendline connecting the 1980 peak near $50 and the 2011 peak near $49. After silver broke above that line in 2025, he projects a measured move from the long-term support established between 1971 and 2002, resulting in the $1,481–$2,361 target zone. However, even bullish 2026 forecasts center on $80–$150, making the $2,000-plus call a low-probability outlier that hinges on a complete repricing of the monetary system.
Meanwhile, cryptocurrency markets faced renewed selling pressure on May 17. The total market cap fell over 1%, with Bitcoin failing to reclaim the $80,000 level and trading near $78,056. BTC’s RSI stood at 35.49, indicating persistent bearish momentum, while the MACD remained deeply negative. A breakdown below $78,000 could expose Bitcoin to a slide toward $75,000, though holding above that support may lead to consolidation.
XRP continued testing the $1.41 support zone after failing to hold above $1.45. The Digital Asset Market Clarity Act, which passed the Senate Banking Committee on May 14, may provide a tailwind if it formally classifies XRP as a digital commodity. Institutional interest is also evident: Italy’s largest bank, Intesa Sanpaolo, reportedly acquired an $18 million position in the Grayscale XRP Trust. Despite these catalysts, short-term indicators remain bearish, with RSI at 42.57 and MACD negative. A recovery above $1.48 is needed to shift momentum.
Terra Classic attempted to stabilize around $0.00008291 after a volatile stretch. Community token burns have removed over 444 billion LUNC from circulation, and exchange-related speculation lent some support. RSI at 50.62 signals neutral momentum, but the MACD remains slightly bearish. A push above $0.00009 could open a path to $0.00010 or higher, while a loss of the $0.000072 support would revive selling pressure.
