XRP (XRP) Price Prediction: 174% Surge To $0.65

According to a recent analysis from popular XRP commentator BarriC, the token's current price makes it a tempting buy. He pointed to the fact that XRP sits

A recent analysis from popular XRP commentator BarriC has revealed why he thinks the token is a no-brainer buy at current prices.

According to the examiner, XRP is currently trading at around $2.35. This price point is relatively low in the broader scheme of things, and at these levels, he thinks buyers can pick up as much of the token as possible.

At the moment, the price of XRP is sitting at $2.39, and anything under $3 is a steal in the opinion of the commentator.

Expecting a Short-Term Breakout For XRP

In his own words, "XRP will become very expensive to buy in the next few months and the next few years. Right now, you can accumulate XRP below $3. And somehow that’s considered a failure. When XRP skyrockets over the next few months and hits $10-$20 per #XRP. That’s the new all-time high."

After examining the technical indicators, BarriC predicts that XRP could decline by approximately 50% after touching $20, potentially bringing it back into the $5-$10 range, which would provide another opportunity to buy the token. However, even at $5, it would still be significantly higher than the current price point of around $2.39.

In the long term, BarriC envisions a scenario where banks and large payment companies begin utilizing XRP for daily money transfers, which could drive up demand and send the price soaring to $1,000 within a decade.

To reach that level, XRP's market cap would need to exceed $58 trillion, putting it on par with major components of the global monetary system.

In the short term, technical indicators suggest that XRP could drop to around $2.21 by June 22, 2025, which represents a -9.20% change from the current price. The current sentiment reading is Bullish, while the Fear & Greed Index stands at 0.

Over the past 30 days, XRP had 13 out of 30 green days and showed an average price swing of about 5.10%.

Those numbers suggest that some traders see room for further gains, while others expect more choppy trading in the period ahead.

As always, it's best to do your own research and invest in what you believe in. Only invest what you can afford to lose, and never invest based on tips or rumors.

The post Here’s Why Popular XRP Commentator Thinks The Token Is A No-Brainer Buy At Current Prices appeared first on Benzinga.