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Home Blockchain

Top Reasons XRP Could Hit $10 Sooner Than Expected 

by DigestWire member
August 23, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Top Reasons XRP Could Hit $10 Sooner Than Expected 
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XRP Price Prediction

The post Top Reasons XRP Could Hit $10 Sooner Than Expected  appeared first on Coinpedia Fintech News

XRP appears ready for a strong upward move. Recent developments, like the coordinated XRP ETF filings, rising approval chances, and the official end of the lawsuit, are fueling bullish speculation. 

Analysts are closely watching technical signals and suggest that the next move for XRP could be significant.

XRP ETF Filings Gain Momentum

After the official dismissal of the SEC’s long-running case against Ripple Labs, several major asset managers, including Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise, updated their XRP ETF registration filings. 

ETF expert Nate Geraci called it a “very good sign” for XRP ETFs, highlighting growing momentum in the market.

The odds of a spot XRP ETF approval have also hit 85%, and XRP-focused ETFs like Teucrium and ProShares have already added hundreds of millions in assets.

Ripple Ecosystem Growth

On the ecosystem side, XRP Ledger also continues to expand. RLUSD is nearing $700 million in assets and saw a 15% jump in 30-day transaction volume to $2.7 billion. 

Analyst Altcoin Gordon notes that XRP/BTC is on the verge of breaking its 8-year downtrend. He cites several bullish factors like the ETF approval, partnerships with Japan’s SBI Holdings, and massive upgrades to the XRPL.

Price Targets and Technical Outlook

Analyst Dark Defender expects XRP to form a similar Bull Flag to the one seen in November 2024, when the token climbed from $1.13 to $2.40. He identifies key support at $3 to $2.85 and potential targets between $4.39 and $5.85, signaling that XRP could be preparing for another significant upward move.

We discussed a Bull Flag scenario on 20-Nov-24 & expected XRP to appreciate from $1.13 towards $2.40

This was ✅#XRP is now getting ready to perform a similar BULL FLAG scenario to travel from:

Targets|: $3 to $4.39 – $5.85 shortly
Supports: $3, $2.85

Enjoy your weekend! pic.twitter.com/m5bs2wgPKW

— Dark Defender (@DefendDark) August 23, 2025

Analyst BarriC is even more optimistic. He predicts explosive price action for XRP over the coming months and into early 2026. He expects XRP to surpass $4 soon, potentially reaching a double-digit all-time high of $10–$15. 

He anticipates another major rally in early 2026 that could push prices toward $50. If banks begin adopting and using XRP, he predicts the token could experience unprecedented gains, starting at $1,000 or more.

Pullback Before the Rally?

Another analyst, Zach Rector, says that XRP could easily double ahead of U.S. spot ETF launches. But drawing parallels to Bitcoin and Ethereum ETFs, he says that a pullback is likely once approvals arrive. The SEC’s delay until late October 2025 sets the stage for months of speculative buying. But strong institutional inflows could ease the selling pressure. 

XRP can easily double from here. pic.twitter.com/btU1ouQ1lg

— Zach Rector (@ZachRector7) August 21, 2025

XRP is currently trading around $3.03, showing a mostly neutral technical outlook. Although the short-term averages lean slightly bearish, longer-term averages remain bullish. 

Overall, XRP sits at a key level, with potential for a breakout if momentum picks up.

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