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Cryptocurrency News Articles
XRP Price Prediction: Will the Token Spike to $10?
Apr 02, 2025 at 07:52 pm
Controversy has flared following a recent XRP token price forecast recommending a spike to $10 per coin. Although a few people think that approval of ETFs and institutional acceptance could drive a rally, doubters contend that the market capitalization required for such an evaluation is unattainable. Even if Bitcoin ETFs have not driven BTC to $1 million, notes crypto expert Joshua Jake. Furthermore, helping to alleviate extreme price swings is XRP's 99.98 billion supply.
A recent XRP token price prediction has sparked controversy, with one analyst forecasting a surge to $10 per coin, while others are skeptical, especially considering the vast market capitalization required for such an evaluation.
The prospect of ETFs and institutional acceptance could be pivotal in driving a rally in the XRP token price, setting the stage for a potential surge to $10, as suggested by a recent XRP token price prediction. However, despite the possibility, some experts are casting doubt, highlighting the immense market capitalization needed for XRP to reach $10 is nearly impossible.
Even if Bitcoin ETFs have not driven BTC to $1 million, notes crypto expert Joshua Jake. Furthermore, helping to alleviate extreme price swings is XRP’s 99.98 billion supply. Let us analyze the likelihood of this ambitious prediction: Can the XRP network defy expectations, or is this a dream?
XRP Market Analysis & Price Outlook
Predicting the XRP token price to hit $10 depends on several bullish assumptions, especially ETF approval and widespread institutional acceptance. Supporters argue that an XRP ETF would attract massive funds, mirroring Bitcoin’s success. Conversely, crypto expert Joshua Jake challenges this notion, stating that even Bitcoin ETFs have not propelled BTC anywhere near $1 million.
One major barrier is the XRP network’s huge 99.98 billion circulating supply of tokens. With a $10 XRP market capitalization that may exceed total world wealth, it would make it mathematically impossible.
Moreover, while some believe that global banks using the XRP network could advance its value, Jake contends that its high supply and competition in the crypto field restrict its capacity. XRP still lacks the infrastructure to justify such extreme price predictions, considering that Ethereum is leading tokenization and Bitcoin is increasing institutional acceptance.
Let’s take a look at XRP price prediction to see how this impacts the price of the XRP token.
On the XRP/USDT 15-minute chart, price testing key support at $2.07 is indicated. Below this level, a breakdown could drive XRP toward the following significant support at $2.02. If it holds, a recovery toward the resistance band of $2.12 to $2.14 is plausible. Close to the oversold region, the RSI is 34.28, indicating a possible bounce.
Chart 1: Analysed by vallijat007, published on TradingView, April 2, 2025
XRP turned around after reaching oversold RSI levels. Confirming sluggish momentum is the MACD’s bearish nature—negative histogram bars and the signal line below zero. XRP has to recover $2.10 and burst above the $2.14 barrier for a bullish turnaround. Otherwise, additional downward direction around $2.02 is probably still possible. For a more pronounced buy signal and a possible MACD crossover for verification, traders should be on the lookout for RSI to fall below 30. The $2.20 resistance area is the next most significant goal if XRP goes above $2.14.
The XRP token is floating near a major support level, with a possible downside if sales pressure continues. Resistance overhead might hinder upward direction, but if customers step in, a rebound could be achieved. Further falls might follow if support wanes, whereas a robust push beyond resistance would indicate revived bullish momentum. The next move will be mostly determined by trading volume and market sentiment. Over the following sessions, traders should be alert for breakout confirmations or indicators of ongoing weakness.
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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