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Cryptocurrency News Articles
Will XRP Break Above $10? Here's When the Journey May Begin and Should You Buy the Dip?
Apr 30, 2025 at 06:31 pm
All indicators point to the undeniable fact that XRP will eventually break above $10. But when will the journey here begin and should you be buying XRP coins right now?
There is a general consensus among analysts and investors that the XRP price will eventually reach $10. In our analysis, for example, we expect XRP to rally towards $9 in 2027 before a sustained uptrend helps it break above $12 by 2030.
These sentiments are shared by Ryan Lee, the Research Chief Analyst at BitGet, who expects XRP to rally by as much as 500% and climb above the $10 mark by 2030.
But when can we start seeing this turnaround for XRP?
We believe XRP’s tides of fortune started turning in late 2024. While they may have been calmed this year by several macroeconomic headwinds, this altcoin is still poised for a breakout. The two biggest indicators of the upcoming XRP season could be the following:
The Resumption of the 2025 Bitcoin Bull Run
XRP, like any other coin, follows closely in Bitcoin’s footsteps. Comparing the two price charts, for example, you will notice that XRP prices started rallying soon after BTC confirmed a rally in the last half of 2024.
It also peaked when Bitcoin hit a new all-time high in late January and has been mimicking its sideways price action over the previous three months.
Therefore, you may consider watching out for Bitcoin’s next price action as a breakout will most likely point to an upcoming breakout for XRP.
When the SEC Approves XRP ETF
You can also expect XRP to explode if the SEC eventually approves the close to 10 XRP ETFs submitted by the different funds.
There is a high degree of confidence that the US SEC will approve these ETFs before the end of the year. At the time of writing, for example, bettors at Polymarkets believe there is a 78% chance of XRP ETFs being approved before the end of 2025.
Should You Buy XRP Today?
Yes, you should be accumulating XRP right now in readiness for explosive gains when it eventually starts rallying.
Note that since the start of the year, especially after Gensler’s exit and inclusion of XRP in the basket of digital assets that will make up the US Strategic Crypto Reserves, whales have been buying en masse.
They have already gobbled up billions of XRP tokens because they are confident XRP will breakout and rally to a new high during the next phase of the 2025 bull market. Consider joining this bandwagon with safe investing strategies like dollar cost averaging.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- 2025-W Uncirculated American Gold Eagle and Dr. Vera Rubin Quarter Mark New Products
- Jun 13, 2025 at 06:25 am
- The United States Mint released sales figures for its numismatic products through the week ending June 8, offering the first results for the new 2025-W $50 Uncirculated American Gold Eagle and the latest products featuring the Dr. Vera Rubin quarter.
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- H100 Group AB Raises 101 Million SEK (Approximately $10.6 Million) to Bolster Bitcoin Reserves
- Jun 13, 2025 at 06:25 am
- In a significant move reflecting the growing convergence of healthcare technology and digital finance, Swedish health-tech firm H100 Group AB has raised 101 million SEK (approximately $10.6 million) to bolster its Bitcoin reserves.
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