Habiba
08/10 05:43
After the recent gains in XRP price, analysts have chimed in with bold predictions of where the coin is headed next. One of these analysts is GalaxyBTC, who suggests that the price might reach $10. Galaxy attributes this target to a repetitive pattern. He observed that between 2014 and 2017, XRP made higher lows. This allowed it to finally breach resistance that later became support. Between 2020 and 2025, the same pattern of higher lows was formed.
Interestingly, the duration of this rising support line is the same as the number of years that the Ripple vs. SEC lawsuit has lasted. As CoinGape reported, the XRP lawsuit has ended, and if the price moves above $3.35 once again and turns to support, more gains might be on the way.
Once the breakout happens, GalaxyBTC places the price at $10. At this point, XRP will have a market cap of more than $580 billion. This is assuming that it remains with the supply of 58 million coins.
Other analysts have also come forward with bold predictions. ChartingGuy notes that XRP is repeating a 2017 fractal. While his analysis does not project $10, he says that the uptrend that started late last year will not end until the XRP price gets to $8.
CrediBULL Crypto also shares a bullish but short-term forecast. In a recent X post, he said getting past $3.80 might happen soon. This might be the first stage of the bullish leg before the targets of $8 and $10 are reached.
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