XRP is holding steady near $0.50, as optimism is rising across the cryptocurrency market. According to recent price data, top analysts are continuing to call for a major price surge of XRP. One analyst, known for predicting a 600% surge of the token in a previous cycle, is once again forecasting a strong rally—this time with a target of $10.
What is driving this? Institutional demand is increasing, regulatory transparency is improving, and XRP is forming a familiar bullish pattern. A wave of on-chain activity has returned, and if historical patterns hold, XRP could be gearing up for a parabolic move in 2025.
Historical citation analyst of XRP's explosive growth
The $10 target is not without precedent. XRP has a track record of long consolidation phases followed by sudden price explosions. According to the analyst, the current setup closely mirrors previous rallies that yielded significant profits in a short timeframe.
Combined with the potential for a spot ETF and improved sentiment surrounding Ripple's legal battle, the bullish momentum is strengthening. With new excitement in the XRP camp, attention is also shifting to promising altcoin projects that are showing early strength.