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The Top Reasons Why XRP Could Reach $10 Sooner Than Expected
XRP seems to be poised for a strong bullish move. Recent developments, such as the coordinated filing of the XRP ETF, increasing chances of approval, and the official lawsuit conclusion, are fueling bullish speculation. Analysts are closely following technical signals and believe that XRP's next move could be very significant. XRP ETF Bullish After the SEC officially dismissed Ripple Labs' lengthy lawsuit, several major asset management companies, including Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise, have updated their XRP ETF registration files. ETF expert Nate Geraci calls this a "very good sign" for the XRP ETF, emphasizing the bullish momentum in the market. The approval rate for the XRP spot ETF has also reached 85%, and XRP-focused ETFs like Teucrium and ProShares have added hundreds of millions in assets. Ripple Ecosystem Growth In terms of ecosystem, XRP Ledger continues to expand with RLUSD approaching the milestone of 700 million dollars in assets and witnessing a 30-day trading volume increase of 15% to 2.7 billion dollars. Altcoin analyst Gordon notes that the XRP/BTC pair is on the verge of breaking an 8-year downtrend. He cites several positive factors such as ETF approval, partnerships with Japan's SBI Holdings, and a strong upgrade of the XRPL. Price Target and Technical Outlook Analyst Dark Defender predicts that XRP will form a Bull Flag pattern similar to the one seen in November 2024, when the token increased from $1.13 to $2.40. He identifies the key support level at $3 to $2.85 and potential targets from $4.39 to $5.85, signaling that XRP may be preparing for another significant bullish move.
Analyst BarriC is even more optimistic. He predicts that the price of XRP will explode in the coming months and by early 2026. He expects XRP to soon surpass the $4 mark, potentially reaching a double-digit all-time high of $10–15. He predicts another major bullish wave in early 2026, potentially pushing the price up to 50 dollars. If banks start to adopt and use XRP, he anticipates that this token could achieve unprecedented growth, starting from 1,000 dollars or more. Retreat Before the Bullish? Another analyst, Zach Rector, believes that XRP could easily double before the launch of the spot ETF in the US. However, compared to Bitcoin and Ethereum ETFs, he suggests that the price is likely to drop back once approved. The SEC's delay until the end of October 2025 sets the stage for many months of speculative buying. However, strong capital inflow from institutions could alleviate selling pressure. XRP is currently trading around $3.03, indicating a rather neutral technical outlook. Although the short-term moving average shows a slight downward trend, the long-term moving average remains bullish. Overall, XRP is at a critical level, with the potential for a breakout if the bullish momentum returns.