Can the price of XRP reach $10?

XRP is currently consolidating, with not much volatility, just like swaying back and forth in a box—neither up nor down, and no one is making a move.

At present, its price is holding at the key support level around $2.05 to $2.10, like standing on a plank floating. The resistance above it is at $2.30 to $2.40, as if a ceiling is pressing down on it, which it has not been able to break through.

If one day it breaks through $2.40, it may surge straight to $2.60.

But if it cannot hold $2.05, it may drop back to $1.90 to $1.80.

So what will happen in the short term?

Honestly, in the short term, it will continue to be grinding, just moving sideways. Both buy and sell orders are not strong enough; everyone is watching, and no one wants to make the first move.

Is there still hope for it to rise to $10?

Yes! But it depends on the long term.

Ripple recently launched a stablecoin called RLUSD, which can be understood as the “Ripple version of USDT.” This coin had a market value of $310 million at the beginning of June and rose to $450 million in just two weeks, indicating that many people are buying in. This is a long-term benefit for XRP, meaning Ripple has also stepped into the stablecoin race.

If this stablecoin project continues to gain traction, it will attract more attention to Ripple's ecosystem, indirectly increasing the demand for XRP.

In summary:

In the short term, XRP will still be grinding, but as long as it holds steady and doesn’t drop, be a little patient;

The long-term target of $7.5 to $10 is not a problem, but it relies on the market heating up and favorable news.

The performance of the stablecoin RLUSD is a potential catalyst worth keeping an eye on.

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