XRP, the cryptocurrency tied to Ripple’s global payment network, is once again in the spotlight as market analysts forecast a potentially explosive move.
Riding a wave of legal victories, increasing institutional adoption, and a powerful long-term technical setup, some experts believe XRP could be on track for a surge toward the highly anticipated $10 level.
While this might seem like a major leap from its current range near $3.25, a combination of regulatory clarity, ETF optimism, and expanding global use cases has created one of the most bullish backdrops for XRP in years.
Regulatory Clarity Unlocks New Potential
Ripple’s protracted battle with the U.S. Securities and Exchange Commission (SEC) has finally reached a resolution, removing a years-long cloud of uncertainty. This legal clarity is a game-changer for institutions previously hesitant to engage with XRP. With its status no longer in question, the asset is now positioned to attract fresh capital from both Wall Street and global financial players.
XRP Spot ETF Anticipation Builds
Following the market success of Bitcoin and Ethereum spot ETFs, speculation is mounting that XRP could be next in line. Several high-profile analysts are placing approval odds at around 95% this year. Such a development would open the door for traditional investors to access XRP through standard brokerage accounts, potentially triggering a significant influx of new capital.
Growing Institutional Use Through RippleNet and ODL
Ripple’s On-Demand Liquidity (ODL) service continues to gain traction, with banks and payment providers in Europe, Asia, and Latin America increasingly using XRP for real-time cross-border settlements. This rising adoption not only drives demand for XRP but also strengthens its position as a functional bridge currency in the global financial system.
Technical Analysis Points to a Major Move
After hitting a high of $3.66 earlier this year, XRP has entered a consolidation phase — a pattern many analysts see as a healthy pause before the next rally.
One of the most bullish signals comes from a multi-year triangle breakout that occurred in late 2024, with technical projections pointing as high as $12.60. Holding above key support levels, along with bullish readings from the Money Flow Index and moving averages, suggests that momentum is building for another leg upward.
The Path to $10 – What Needs to Happen
Reaching the $10 milestone will likely require a combination of sustained investor optimism, favorable regulatory progress in the U.S., and continued institutional integration of Ripple’s technology. While short-term volatility is inevitable, the broader setup points to one of the most promising outlooks for XRP in recent memory.
If these conditions align, analysts believe XRP could not only test the $10 level but potentially set new all-time highs — marking a defining moment in its history and solidifying its role in the future of digital finance.
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Source: https://coindoo.com/xrp-price-set-for-a-breakout-why-analysts-are-eyeing-the-10-mark/