A notable neighborhood commentator has boldly asserted {that a} main rally might quickly drive the XRP worth to double digits.
XRP has been in a holding sample for a number of weeks, with extra intraday losses than good points. Since XRP touched $3.34 in January, it has repeatedly dipped beneath $2, even reaching as little as $1.70 at one level.
At press time, XRP is hovering round $209, down by 39% within the final two months. As XRP’s worth has not seen important enchancment in latest weeks, regardless of the decision of the Ripple lawsuit, some have written off the coin.
Nonetheless, some extensively adopted market watchers argue that XRP might nonetheless obtain nice issues this 12 months. Amongst them is the influencer behind the channel “The Trendy Investor.”
XRP to $10-$15 Incoming?
In a tweet, he boldly asserted that XRP was on observe for a considerable worth improve, probably reaching a variety of $10 to $15. From the prevailing market worth, the decrease boundary would signify a 308% achieve, whereas the upper threshold would imply a 512% upside.
This isn’t The Trendy Investor’s first name for an imminent worth rally to the double-digit vary. He beforehand made an identical declare for $10, citing a attainable zero capital good points tax on crypto by the U.S. authorities.
The analyst means that such a coverage might drive important progress in main U.S.-based cryptocurrencies like XRP. The speculated transfer additionally aligns with Trump’s push for a nationwide crypto asset reserve with some U.S. cash.
Notably, different market commentators, like Edoardo Farina, have additionally expressed robust optimism for XRP this 12 months. Farina expects a brand new peak worth this 12 months, whatever the present worth motion. Nonetheless, he didn’t present a particular worth goal.
May This Be a Bearish Sign?
Nonetheless, many don’t share this optimism about XRP. Responding to The Trendy Investor’s name for a $10 to $15 rally, neighborhood member Dobbo urged him to settle down and mood his bullishness cautiously.
Likewise, co-founder SurferMonkey responded that such daring posts remind him of comparable predictions for Cardano over the last cycle at $3.30, when fashionable voices had been predicting $10 earlier than the worth collapsed.
This sentiment means that sustained daring calls on XRP, in a time that reveals indicators of market struggles, might function a sign for a market prime or an impending main crash, as some have been warning for some time.
These kind of submit remind me of these @Cardano submit final cycle at $3.30 the place everybody was predicting $10 earlier than the worth collapsed.
— MoneyGCC (@MoneyGcc) March 23, 2025