XRP Price Prediction: Will XRP Reach Double Digits by the End of the Year?

The cryptocurrency market has been full of ups and downs, with XRP at the center of attention.

The cryptocurrency market has been notorious for its volatility, especially in 2024. Among the coins that have captured the interest of investors is XRP, which has been at the heart of a significant legal battle between blockchain giant Ripple and the U.S. Securities and Exchange Commission (SEC).

On March 19th, XRP experienced a 11.32% surge after Brad Garlinghouse, CEO of Ripple, revealed that the SEC had dropped its appeal against the company. This news sparked a spike in interest for XRP. However, the surge was short-lived, and the market underwent a correction the next day, seeing XRP trade below $2.50.

Many investors bailed out of their positions at the first sign of trouble. But according to market analyst and co-founder of Black Swan Capitalist, Vandell, they shouldn’t be. He predicts that XRP will reach double digits by the year-end.

“The crypto market has been hot topic nowadays. Recently, there has been a buzz about a major sell-off in crypto, especially after a major correction on Thursday.

Many retail traders, who piled into their favorite trades at the first sign of trouble, are bailing out. But for those who are able to see the bigger picture and aren’t easily flustered by short-term market movements, they'll be sticking around. They know that the best is yet to come.”

Why The Sell-Off Could Be A Mistake

With the Ripple-SEC lawsuit nearly concluded and clearer regulations expected in the near future, now may be the best time to hold onto XRP. While many investors are selling in fear, the more patient ones are waiting for a major upside.

Back in November 2024, XRP underwent a remarkable rally, surging from just 50 cents to a seven-year high of $3.40 by mid-January 2025. This 580% spike indicates that there’s more than just speculation driving XRP’s price.

The analyst suggests this rally was fueled by a mix of macroeconomic factors, evolving regulations, and the potential of XRP’s technology.

Double Digits For XRP?

Vandell expects XRP to make a major leap, and some experts suggest prices could rise to as high as $13 or $18. Currently, XRP is being sold for around $2.40, meaning a move to $10 would require a 300% jump, and even higher prices would result in dramatic gains.

Analysts like Alex Clay and Matthew Dixon have also expressed optimism, with some predicting that XRP could reach $8 to $10 or even higher in the near future.