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Cryptocurrency News Articles

How Much XRP You Need to Make $1M If XRP Price Hits $10

Apr 19, 2025 at 05:32 pm

XRP price has successfully defended the support level of $2 despite turmoil across the crypto market caused by

If the price of XRP manages to rise to $10 before May 2025, then you would need to hold at least 100,000 XRP tokens to make $1 million. However, the return on investment that you will get will depend on the price at which you originally purchased your Ripple tokens.

If the price of XRP drops to the recent low of $1.65, then a trader would need $165,000 to make $1 million if Ripple reaches $10.

If XRP price ranges at the support level of $2, and a trader decides to buy at this price, then they would need to invest at least $200,000 in order to make $1 million from 100,000 XRP if the coin rises to $10.

If XRP were to reclaim levels past $3 in the coming days and a trader chooses to buy at this price, then they would need $300,000 to make $1 million.

Can XRP Price Reach $10 Before May 2025?

If the price of XRP were to rally to $10 before May 2025, then it would have to surge by more than five times in less than two weeks. This rally would see Ripple attain a $580 billion market capitalization and flip Ethereum. A rally to $10 within two weeks is less likely to happen in the near term.

The most realistic target for XRP price before May 2025 is an all-time high of $3.40. There are several catalysts that could drive these gains, including a partnership with top financial institutions. Recently, speculation was rife that Ripple might partner with SWIFT as well as be adopted by the US Federal Reserve for its FedNow Message system.

If a trader buys 100,000 XRP tokens today at $2.08 and the price reaches $3.40, this trader will have $340,000, which is a 163% return on investment.

Ripple Technical Analysis

Analyst STEPH on X has shared a bullish XRP price prediction and suggests that a rally past $3 might be on the horizon. This analyst identified that Ripple has formed an inverted head and shoulders pattern, which often signals that the market structure might shift to bullish. For XRP to confirm a reversal under this pattern, it needs to break resistance at the neckline of $2.25. If Ripple can breach this level, it might surge to $3.14, marking a 51% gain from its current price level.

Moreover, XRP derivatives have surged, indicating heightened activity from futures traders. This surge also supports the likelihood of a Ripple price rally, suggesting that traders should consider buying the altcoin now and await possible gains in the price.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Apr 21, 2025