Fun

XRP Set For Big Rally – Analyst Says ‘Double Digits’ This Year

News Feed - 2025-03-23 06:03:19

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


A well-known market analyst says some investors are giving up on XRP too soon, even though they predict a big price rise this year. Vandell Aljarrah, who helped start Black Swan Capitalist, can’t believe the ongoing pressure to sell XRP, which has kept the cryptocurrency trading below $2.50. Related Reading Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH 22 hours ago


In a statement on social media, Aljarrah spoke against the trend to sell and urged investors to stay strong, especially as the legal fight between Ripple and the SEC is about to end. He thinks the altcoin is set for big growth in 2025, with the chance to reach double-digit prices before the year ends. XRP will reach double digits this year.


I can’t believe people are selling now.


— Vandell | Black Swan Capitalist (@vandell33) March 21, 2025 Ripple’s Legal Win Brings Hope


XRP’s recent price changes have been driven by good news in Ripple’s ongoing legal fight with the US Securities and Exchange Commission (SEC). Earlier this month, Ripple CEO Brad Garlinghouse shared that the SEC had stopped its appeal against the company, a move that quickly lifted XRP’s price by 10% on March 21.


However, the excitement didn’t last, as XRP saw a drop the next day. The price fell back below $2.50, causing panic selling among some investors. Market watchers have criticized these sell-offs, with one commentator calling the sellers “paper hand whales” who can’t wait out tough times. they just love liquidating some $XRP fam. we can’t go a bit higher without some paper hand whales selling.


anyways, more XRP for me. pic.twitter.com/dBP8txPx7h


— Oscar Ramos (@realOscarRamos1) March 21, 2025


XRP’s History Of Price Jumps


Despite the recent drops, XRP has a history of quick price jumps. Between November 2024 and mid-January 2025, the cryptocurrency soared by 550%, climbing from $0.50 to $3.40, its highest price in seven years. Even though the market corrected since, this performance has raised confidence in XRP’s long-term potential.


Aljarrah is not alone in his positive view. Other analysts also made bold predictions for XRP. Alex Clay, for example, previously said that XRP would go up to $8 and then $10. Another analyst, EGRAG, shared these views recently, aiming for similar price targets. XRP market cap currently at $140 billion. Chart: TradingView.com Double-Digit Predictions Get Attention


The thought of XRP reaching double-digit prices is catching on among industry experts. Aljarrah suggested that the cryptocurrency could go beyond $10, maybe reaching as high as $13 or $18. These targets would need a big rise from XRP’s current price of $2.42.


For XRP to reach $10, its value would have to go up by over 300%. To get to $13, it would need a 430% increase, while an $18 price would need a huge 640% rally. While these numbers seem big, some analysts think they are possible, especially if market conditions get better. Related Reading XRP 2025 Surge Is Coming—And This Crypto Expert Knows Why 1 day ago Investors Urged To Hold On


Reports say some XRP holders are selling because of financial issues. Aljarrah knows these challenges but asks investors to stay strong, stressing that patience is key to success in the long run. His words come as the crypto market deals with doubt amid bigger economic worries.


At the moment, XRP is trading at $2.41, down 1.20% in the last 24 hours. As the market keeps changing, analysts and investors alike will keep a close watch to see if XRP can hit its big targets in the coming months.


Featured image from Gemini Imagen, chart from TradingView

News Feed

Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on ComplaintChilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transfe
Privado ID spinoff takes identity control solution beyond Polygon
Derek Andersen52 seconds agoPrivado ID spinoff takes identity control solution beyond PolygonPolygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.2 Total viewsLis
Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M
Report: South African Firm Launches "Crypto Water Token" — Receives Investment of $150M The South African company behind the so-called “crypto water token” is repor
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value A recent report published by market strategists from the investment bank and financial services c
Hong Kong issues generative AI guidelines for consumer protection
Arijit Sarkar46 minutes agoHong Kong issues generative AI guidelines for consumer protectionThe HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consume
Anycoin Direct Launches Innovative New Platform
Anycoin Direct Launches Innovative New PlatformCryptocurrency exchange service Anycoin Direct rolls out a new website for the European market.
Crypto Exchange With Belarusian Roots Halts Operations for Russian Users
Crypto Exchange With Belarusian Roots Halts Operations for Russian Users Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Rus
Celestials Stellar Club Announces NFT Collection Minting Date March 14 2022
Celestials Stellar Club Announces NFT Collection Minting Date March 14 2022 press release PRESS RELEASE. Looking for an exciting new NFT collection to be a part of? Look no further
Bitcoin.org Maintainer Calls for the Removal of Cobra, Website Owner Then Fires Him
Bitcoin.org Maintainer Calls for the Removal of Cobra, Website Owner Then Fires HimThe infamous and controversial owner of the website bitcoin.org, Cobra, is under fire recently and
Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Nancy Lubale3 hours agoBitcoin ‘late longs’ washed out as BTC price falls to $65KBitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped cl
SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards
SLP Devs Publish Code Bounties With $2,500+ in Crypto Rewards While a number of software developers work on the Simple Ledger Protocol (SLP) framework, SLP devs are still looking
‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
"Dr. Doom" Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks Economist Nouriel Roubini has shared his opinion about bank problems in the United States