XRP Price Prediction Today April 10

XRP price popularity has waned as its value dropped more than 30% in the past few weeks. Regardless, an analyst is bullish on Ripple and forecasts a double-digit target for XRP token using Elliot Wave Analysis. The analyst’s outlook also forecasts that price could drop below $1 before hitting a double-digit target.

XRP Price Prediction & Elliot Wave Analysis: Crash Below $1 Before $20 Target

Poular crypto analyst XForced Global posted latest thoughts on XRP price action based on Elliot Wave analysis. The X post notes that the first wave is complete as the token rallied from $0.50 to $3.40. Wave 2 will see Ripple’s value drop down to a buy zone that extends from $1.70 to $1.0. Due to the inherent volatility, there might be a drop below the $1 psychological level before Wave 3 kickstarts.

In Elliot Wave Theory, the third wave is the longest wave, and XForced Global notes that XRP price could hit $20. If XRP token achieves this ATH, its market cap at the current supply would 10x and hit $1.16 trillion.

The fourth wave, according to the analyst, will trigger a correction to roughly $7 before embarking on the final wave that will most likely propel XRP price to $30.

It is unsure if the crypto token will achieve this valuation in the short term; assuming that every aspect of the project goes well, it could take a few years and potentially a decade for XRP to hit $20 or $30.

While the long-term outlook for XRP price is extremely bullish and is unrealistic considering the current market conditions, let’s explore short-term XRP price prediction and analysis.

XRP Price Analysis For Next Week

Between December 3, 2024, and April 3, 2025, XRP price traded in a range, creating a value area extending from $2.11 to $2.60. This area is where 70% of the volume was traded in the past four months.

As noted in a previous XRP prediction & analysis, acceptance above the range low of $2.11 could signal strength and potentially propel the price to $2.41 and $2.60. While the first target is where the highest volume was traded in the past four months, the second target is the range high of the aforementioned value area. 

For the next week, investors can expect one of two things to happen.

1. Acceptance into the value area could lead to a rally to retest targets at $2.41 or $2.60.
2. Rejection at $2.11 could lead to an extended correction to $1.47.

Interestingly, the bearish scenario puts XRP price into the buy zone obtained the aforementioned Elliot Wave analysis.

Conclusion: Factors That Could Affect XRP’s Directional Bias

There are three key events that could impact XRP price moves. 

1. Bitcoin’s price outlook. If BTC shows strength, so will XRP and other altcoins. 
2. Macroeconomic outlook involving the Fed and policy changes it makes. If the Fed decides to cut interest rates, it could provide prompt a risk-on scenario that pushes stock markets and crypto markets higher. Such a development could see price catalyze an acceptance into the value area and revisit $2.60.
3. US President Donald Trump’s trade war. If the trade war between China and USA cools off, it could allow the stock and crypto markets to flourish. 

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Akash Girimath

Senior Cryptocurrency Analyst & Market Strategist
Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts.

A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise.

Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.