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2025-06-08 19:39:41

Expert Says These People Will Return Once XRP Hits $10

XRP has maintained a trading range slightly above $2 for the past several months, which has sparked discussions among long-term holders and analysts. While some investors are discouraged by the coin’s recent sideways performance, others are revisiting past market behaviour to evaluate its potential trajectory . Crypto market commentator CryptoBull has been vocal about XRP’s historical resilience. He points out that past skepticism about XRP often proved premature, noting that investors repeatedly underestimated its ability to recover and surpass key price levels. Examining Historical Price Movement After reaching an all-time high of $3.84 in early 2018, XRP experienced a significant price correction. By March 2020, the asset had declined to around $0.10, an approximate 97% drop from its peak. At that time, a large number of investors had lost confidence, with many asserting that XRP would never rise above $0.50 again. 5 years ago many said #XRP will never go above $0.50 again. 3 years ago they said #XRP will never reach $1. For the past 6 months #XRP has been above $2 and no one is talking about it. Soon they’ll all come back when #XRP is above $10! — CryptoBull (@CryptoBull2020) June 1, 2025 Later in 2020, XRP began to recover, reaching $0.76 in November. However, the momentum was halted by the SEC’s lawsuit against Ripple, which caused the price to plummet to around $0.17. In 2021, despite renewed doubts, XRP climbed to a peak of $1.96 during the broader market rally. These cycles of decline and recovery, according to CryptoBull, demonstrate XRP’s pattern of defying widespread bearish sentiment. Breakout in Late 2024 and Current Market Conditions After prolonged periods of low volatility, XRP broke out above long-term resistance in November 2024. By January 2025, the asset hit $3.40 before undergoing a corrective phase. Over the last six months, it has maintained support above $2, signaling relative strength compared to earlier years. Despite the improved pricing, some investors remain concerned about the pace of growth. CryptoBull believes that XRP’s recent price stability has contributed to it receiving less attention within the cryptocurrency industry. Nevertheless, he notes that institutional interest in XRP is currently stronger than it was in prior market cycles, which could support a larger move shortly. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 $10 Price Target Gains Attention CryptoBull recently expressed confidence in XRP’s long-term outlook, stating that a price surge to $10 is within reach. This would represent a gain of more than 350% from the current level of approximately $2.18. He believes that reaching this milestone would prompt many former critics and inactive investors to re-enter the market. Technical Analysts See Potential for Further Upside CryptoBull’s sentiment is not isolated. Market analyst EGRAG has also projected that XRP could reach significant milestones if historical patterns repeat. He points to XRP’s tendency to retest the 21-week Exponential Moving Average (EMA) before major price expansions, something seen before the 2017 and 2021 bull runs. According to analyst EGRAG, XRP could see substantial gains if current patterns hold, with a projected 425% increase pushing the asset to $10. A more bullish scenario suggests the price could reach $18, representing a gain of over 1,000%, while an extended rally might drive XRP as high as $27 , marking a potential increase of more than 1,600%. EGRAG estimates that these targets could be reached by late July or early August 2025, depending on broader market conditions and XRP’s ability to maintain technical support levels. While XRP’s price has remained relatively stable in recent months, historical trends suggest that the token is capable of substantial recovery following periods of stagnation. Analysts continue to express optimism about future gains, with $10 emerging as a key psychological and technical target. Whether XRP reaches this threshold will depend on continued investor interest, market sentiment, and regulatory developments in the months ahead. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Says These People Will Return Once XRP Hits $10 appeared first on Times Tabloid .

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