NewsBTC
2025-09-20 07:30:21

Analyst Says XRP Price Not Reaching $10+ Due To Market Cap Is Irrelevant

The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level. Don’t Be Fooled By The Market Cap Argument In a post on the X (formerly Twitter) platform, the crypto analyst warned XRP investors not to be fooled by those who say that the price cannot rise to $10+. Most especially, the argument that the market cap would be too high at this price would be irrelevant. Related Reading: Shiba Inu Completes Bullish Setup: Why A 138% Climb Could Be In The Works According to the post, the XRP price is expected to actually cross the double-digit mark in the next year. This is because with the triangle breakout that began back in 2024, the XRP price remains quite bullish. Hence, there is still a small window of opportunity where the altcoin could continue its run. Going by the analyst’s chart, in the event of a breakout, the XRP price could quickly rally toward $4 to set a new all-time high. Then through the year 2026, the bullish wave is expected to persist, triggering an over 200% increase to break $10, and eventually rally toward $14. XRP Price Still Bullish Despite Decline Another crypto analyst, TradingShot, has also pointed out why the XRP price is still bullish, alluding to a technical setup on the 1-day chart. The analyst points to the fact that the price had bottomed back in April after months of onslaught due to Donald Trump’s tariff wars. Then, with the recent recovery, the price has been testing and holding the 1-Day MA50 as support above $2.7. Related Reading: Crypto Analyst Tells Dogecoin Investors To Stay Sharp Amid Historical Bullish Setup The significance of this is that the XRP price is holding this support after bottoming from its bearish leg on the 1-Day MA100 chart. Thus, this means that is the 1-Day MA50 is confirmed, then it would be the push needed for the altcoin to continue to rally. The target for the rally here is an over 60% increase in price to reach the $5 mark. “That Bullish Leg peaked on the 2.0 Fibonacci extension level. If this sequence is repeated, expect the next high to be around $5.00,” the crypto analyst explained. Featured image from Dall.E, chart from TradingView.com

Ricevi la newsletter di Crypto
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta