XRP is making waves again, leaping 15% in a week after rebounding from $1.61. Analysts now debate whether the cryptocurrency could rocket to $10 or even $20 if bullish momentum holds.
Traders are buzzing as technical patterns hint at explosive growth, while regulatory wins and institutional interest add fuel to the fire.
Breaking Barriers: XRP Nears Critical $2.20 Level
XRP’s climb above $2.00 this week signals growing strength. Analysts stress that a sustained close above $2.20 could confirm a trend reversal, paving the way toward $2.50. DOM, a prominent crypto strategist, notes the price reclaimed a “value area” above $2.00, a level last seen in December 2024.
“If $2.00 holds as support, this chart looks ready to run,” DOM said. Meanwhile, the liquidation heatmap shows strong bids near $2.10, suggesting short-term traders may soon test this zone.
Elliott Wave Theory Points to $20 in Optimistic Scenario
Anonymous analyst Maelius predicts XRP could hit $10 by late 2025, with a bullish case stretching to $20. Using Elliott Wave Theory, he argues the current cycle mirrors 2017’s historic rally.
“Wave 5 could push prices to $10 if patterns hold,” Maelius explained. However, he cautioned that extended accumulation phases might delay peaks until 2026. At the same time, analyst XForceGlobal calls XRP’s breakout from a symmetrical triangle a “game-changer,” forecasting all-time highs above $3.50.
Regulatory Wins Boost Confidence
XRP’s rally follows the SEC dropping its lawsuit against Ripple in 2024, erasing a major uncertainty. Pro-XRP lawyer John Deaton’s push for transparency around the SEC’s 2018 policies further lifted sentiment.
Furthermore, rumours of a U.S. strategic crypto reserve including XRP have traders optimistic. JP Morgan’s recent approval of XRP for payments underscores growing institutional trust.
Ripple’s Tech Edge
Ripple’s payment network, now integrated with its stablecoin RLUSD, is gaining traction. Its blockchain settles transactions in seconds for fractions of a cent, outpacing traditional systems like SWIFT.
Banks like Axis and Yes Bank already use Ripple’s tech, and whispers of a U.S. XRP ETF add to the hype. “Adoption is accelerating,” said Steph_iscrypto, another analyst. “This isn’t just speculation anymore.”
Risks Loom Amid Volatility
Despite bullish forecasts, risks remain. XRP’s ties to broader market swings could derail progress if Bitcoin stumbles. Regulatory shifts, like new U.S. tariffs, might also spook investors.
Technical analyst Steph_iscrypto warns that retail traders are exiting XRP, potentially slowing momentum. A drop below $2.00 could trigger a slide to $1.70, delaying targets.
Timelines and Targets: When Could $10 Hit?
Short-term, breaking $2.20 may propel XRP to $3 by mid-2025. A symmetrical triangle breakout or ETF approval might push it past $5.
Conservative estimates suggest $10 by late 2025, while optimists eye $15–$20 by 2026. For context, a $10 XRP would require a $574 billion market cap, half of Bitcoin’s 2021 peak.
A High-Stakes Race for New Highs
XRP’s path to double digits hinges on technical breaks, adoption spikes, and sustained bullish sentiment. While $10 seems achievable, the $20 dream demands near-perfect alignment of market forces. Traders should watch $2.20 closely; it’s not just a number but a gateway to what comes next.
