XRP Price Prediction: Analysts Envision Double-Digit Targets as the Cross-Border Token Moves Right on Track

The asset has gained considerable attention from analysts and investors, sparking predictions of a potential surge into double-digit price territory.

Prominent crypto analyst CasiTrades has identified XRP as a prime candidate for a potential double-digit price surge, thanks to minimal resistance in its path to new all-time highs.

In an X post on Monday, January 20, CasiTrades highlighted the significance of the $2.83 level, which aligns with the 0.382 Fibonacci retracement on the one-hour chart. XRP respected this level over the weekend, showing strong momentum as it rebounded and targeted the $3.80 zone.

“From here, we’re expecting a push towards a new high,” CasiTrades stated, noting that $3.80 aligns with XRP’s previous all-time highs on certain exchanges. The analyst further emphasized that beyond this point, resistance may be limited, opening the door for XRP to achieve double-digit price levels.

At the time of the post, XRP was trading near $3.00, down 5.36% in the last 24 hours. However, the structure suggested a strong potential for further upward movement, especially if it clears the next key level of $3.24, identified as the 0.118 Fibonacci retracement.

In a follow-up X post on January 21, CasiTrades asserted that the cryptocurrency is “moving right on track with the plan,” showing solid momentum after reclaiming the 0.236 Fibonacci retrace at $3.08.

The next crucial milestone lies at $3.24, corresponding to the 0.118 retrace. Flipping this level into support is expected to open the door for a larger upward move. While XRP continues to build toward a potential new high in Wave 5, traders are advised to manage their expectations. Unlike the explosive strength observed in Wave 3, Wave 5 is expected to show signs of exhaustion—a typical pattern in Elliott Wave Theory.

For investors, patience is key. Strategic accumulation during this phase could yield significant returns as XRP progresses toward its targets. CasiTrades emphasizes: “Stay patient, accumulate strategically, and let the market play out.”

While CasiTrades refrains from predicting a specific double-digit target, other analysts have stepped in with bold forecasts. Ali Martinez envisions XRP reaching $15, while EGRAG CRYPTO and Davinci Jeremie have set even higher targets of $24 and $27, respectively.

This represents potential gains of over 700% from current levels. While ambitious, such predictions tap into XRP’s explosive potential, making it one of the most sought-after assets for traders looking for massive returns.

To add to the excitement, WSB Trader Rocko shared news on January 21, 2025, that a new XRP ETF was filed the day after Donald Trump’s inauguration. Filed by Rex Osprey, the ETF includes XRP alongside Trump-themed and DOGE ETFs, indicating a surge in institutional interest. The post, shared at 11:07 PM, has fueled bullish speculation, with XRP holders eyeing a potential $10 price target.

Several factors contribute to XRP’s bullish outlook:

The asset has gained considerable attention from analysts and investors, sparking predictions of a potential surge into double-digit price territory.

Prominent crypto analyst “CasiTrades” suggests that XRP is well-positioned to continue its upward trajectory, with minimal resistance in its path to new all-time highs. The analyst has identified crucial levels that could act as springboards for XRP’s next major move.

As XRP continues to build momentum toward a potential new high in Wave 5, traders should manage their expectations, as Wave 5 typically shows signs of exhaustion compared to the explosive strength observed in Wave 3.

According to the analysis, XRP is primed for further gains, with key levels to watch for the next major move. The analysis also highlights the potential for XRP to achieve double-digit prices, fueled by strong fundamentals and technical confluences.

XRP’s current rally presents a unique opportunity to invest in an asset with the potential for transformative returns. With analysts projecting prices as high as $27, this could be the defining moment for those seeking significant gains. Seize the chance to position yourself in what might become one of crypto’s most remarkable success stories.