Vandella Aljarrah, co-founder of Black Swan Capitalist, remains confident that XRP will hit double digits in 2025.

A well-known market analyst is baffled by investors offloading XRP, even as projections suggest a massive price surge this year.

In the rapidly evolving world of cryptocurrencies, market analysts are closely watching investor behavior, especially during periods of volatility. A co-founder of Black Swan Capitalist, Vandell Aljarrah, has expressed his surprise at investors offloading XRP, even as projections suggest a massive price surge this year.

Aljarrah remains optimistic that XRP will hit double digits in 2025. However, the token has faced selling pressure despite significant bullish signals, leaving some, like Aljarrah, baffled.

Earlier this month, the cryptocurrency surged 11.32% on March 19 after Ripple CEO Brad Garlinghouse announced that the U.S. SEC had withdrawn its appeal against the company. However, the rally was short-lived as XRP corrected the next day. Panic selling followed, keeping XRP below the crucial $2.5 mark.

“I Can’t Believe People Are Selling Now”

Market observers like investor Oscar Ramos have been critical of these sell-offs, calling the sellers “paper hand whales.” Aljarrah shared a similar sentiment, wondering why investors would exit now.

“I can’t believe people are selling now,” he said. With the SEC case nearing its conclusion and the U.S. moving towards clearer crypto regulations, some see selling as a hasty move.

Aljarrah added:

XRP will reach double digits this year.I can’t believe people are selling now.

A community member suggested that some investors might be selling due to financial struggles. While Aljarrah acknowledged these challenges, he said that true investors must remain strong.

His confidence is fueled by XRP’s history of rapid price jumps. Between November 2024 and January 2025, the cryptocurrency surged 580% from $0.5 to a seven-year high of $3.4 before a pullback.

This explosive growth has fueled optimism for more gains. Aljarrah predicts that the token could hit triple digits in 2025.

Aljarrah, however, did not specify a price target. Other market figures, such as Bitcoin analyst Davinci Jeremie predict that it could soon surpass the $3 mark, with a long-term rally potentially driving prices up to $20. Similarly, analyst Dark Defender forecasts XRP reaching median levels between $18 and $23.

What’s Next for XRP

At the time of writing, XRP is trading at $2.46, reflecting a 2.86% gain in the past 24 hours. Its price recently broke above its 100-day EMA at $2.31. If this support holds, XRP could rally toward its next resistance at $2.72.

The RSI on the daily chart is at 52, closely following the neutral 50 level, indicating that traders are still indecisive. A push above 50 would signal stronger bullish momentum.

Meanwhile, the MACD indicator showed a bullish crossover last week, suggesting that the short-term outlook is tilting bullish. However, if it fails to sustain support at its 100-day EMA, it could slip further and retest its next support level at $1.96.

While the short-term outlook remains uncertain, long-term projections are bullish. With strong historical performance and increasing regulatory clarity, analysts like Aljarrah see no reason for investors to sell.