Ripple: When Will XRP Reach $10?

Juhi Mirza
Ripple XRP
Source: Watcher.Guru

Ripple (XRP) is one of the most noteworthy cryptocurrency tokens to exist in the market today. The token is a part of a rising ETF narrative set to sweep away the cryptocurrency market in recent times. At the same time, XRP’s notable global collaborations with leading financial giants have always been a highlight for investors, compelling them to explore the token with utmost faith and trust. While the token currently sits at the $2 price mark, investors cannot help but wonder whether XRP possesses the might and mettle to climb to higher price marks, eventually entering the double-digit domain. Here’s when XRP may be able to claim $10 and beyond, per analyst Egrag Crypto.

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Ripple’s Price Trajectory

XRP logo and coin on blue digital background
Source: Bitcoinist

XRP is currently one of the most important cryptocurrency tokens to explore at the moment. With nearly 18 pending ETF applications, the token is awaiting approvals from the US SEC, eventually paving the way for investors to explore the token in a traditional guise. That being said, the token is also part of a hefty speculation, considering its rising popularity and global recognition.

Per notable analyst Egrag Crypto, XRP is already on a path to hit higher price marks, possibly surging as high as $17 in the process.

β€œ#XRP – A Fork In The Road $17 (UPDATE) 🚧. The upper edge of our Ascending Broadening Wedge is currently between $5 and $6. If we can close above this level, it paves the way for a potential measured move reaching all the way up to $17! πŸš€πŸ’°#XRPFamily STAY STEADY and STRONG! Together We Rise! πŸ’ͺπŸŒŸπŸ™Œβ€οΈβ€œοΈ

At the same time, another analyst called the Dark Defender has also come up with a bullish analysis. Per the expert, XRP is eyeing the short-term range of $5 and $6, which it can easily claim if the market forces continue to support the token.

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Technical Analysis: The Token’s Journey to $10

Per CoinCodex, XRP may surge and spike to hit $10 at the latest by the year 2037. However, key markers like global ripple collaborations and rising XRP ETF popularity can help the token gain the aforementioned price spot early on.

β€œXRP would need to gain 345.53% to reach $10. According to our XRP prediction algorithm, XRP will hit $10 in January 2037.”

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