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XRP Price May Rally Toward $10, Say Experts

3 hours ago
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Key Notes

  • CrediBULL Crypto highlighted bullish signals in XRP/BTC with a 40% upside target.
  • Another market expert, EGRAG Crypto, pointed to historical patterns around the 21-day EMA, suggesting XRP price could rise significantly.
  • The arrival of the spot XRP ETF next month could serve as a major catalyst for the rally.

Despite its recent fall under $3.0, Ripple’s native cryptocurrency XRP

XRP
$2.88



24h volatility:
0.8%


Market cap:
$172.21 B



Vol. 24h:
$5.01 B

continues to be on investors’ radar.

Top market analyst Dark Defender predicts that XRP’s price correction will soon end, potentially paving the way for a rally toward $10.


XRP Price Correction to End Soon, Upside Ahead

Crypto analyst Dark Defender said XRP is approaching the final stages of its corrective ABCDE pattern. This suggests the token is preparing for a potential breakout.

According to the analyst, a decisive move above the $3.333 level could trigger strong momentum, paving the way for a push toward double-digit valuations of $10, he added.

Crypto analyst CrediBULL Crypto noted that XRP/BTC has once again swept its range lows, marking the third occurrence. Despite not holding the range, the analyst described the move as a bullish variation.

He noted that XRP/BTC continues to display one of the strongest high-timeframe (HTF) charts in the market, with a primary target roughly 40% above current levels.

Last week, the REX-Osprey XRP ETF (XRPR) recorded $37.7 million in first-day trading volume, making the most successful exchange-traded fund launch of 2025 to date.

However, this has yet to reflect in the XRP price action. Analysts are now expecting the arrival of spot XRP ETF, from several different issuers, next month in October.

Will Ripple Cryptocurrency See a 2021 Bull Run-Like Rally?

Another crypto analyst, EGRAG Crypto, shared a two-week chart tracing XRP’s price history back to 2014. He emphasized the significance of the 21-day exponential moving average (EMA) as a key support level in prior cycles.

In 2017, XRP price retested the 21 EMA twice before surging 1,610% to $3.31 in early 2018.

In contrast, during the 2021 cycle, the SEC lawsuit pushed XRP below the 21 EMA in December 2020, but once it reclaimed that level, the token rose 414% to $1.96 by April 2021.

Based on these precedents, EGRAG highlighted two potential outcomes: XRP could rally 1,610% toward $33 if it follows the 2017 trajectory, or climb 414% to around $9.60 if it mirrors the 2021 pattern.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Source: https://www.coinspeaker.com/xrp-price-gearing-for-a-lift-off-to-10-per-technical-chart/