XRP saw a transformative price rally following Donald Trump’s victory in the US elections. Since then, the market has been exploding with ripple price predictions, mainly focusing on the growth of the token. One such prediction, made a day ago, states that this third digital asset on the market will reach $10 within 48 hours due to charts forming bullish patterns. However, time is running out, which raises the question of whether XRP will reach $10 in the next 24 hours.
Can XRP price reach $10 in 24 hours?
Crypto analyst, KingXRP, made a Ripple price prediction, indicating a significant rally to $10 today. according to kingxrp x postHis analysis is based on historical patterns and the 2017 Rull Run. At that time, the token jumped from $0.05 to $3.84 within a short period. Interestingly, this XRP price prediction is theoretically possible but not without a catalyst. Even a 500% rally with Donald Trump winning in Q4 2024 took more than 27 days to become prime.
At present, XRP is trading at $3.10 with low disruption potential due to the lack of significant market dominance. To reach the $10 mark, the Ripple token requires at least a 222% rally, which is only possible under a Bull Run mode or XRP reserve formation instead of Bitcoin and other confidence-building updates.
Although the Ripple token could rise $10, it will not happen in the next 24 hours.
Ripple price forecasting and analysis
Experts believe in XRP’s long-term potential, given the increasing adoption of Ripple Roken and Brad Garlingouse’s ties to Donald Trump. Trump’s current decision to consider digital asset stocks on Bitcoin reserves shows an outcome that favors Ripple.
Several analysts shared similar Ripple price predictions, including KingXRP, who believes the token will achieve $8-$10 or higher.
Mikybiil Crypto says XRP price could tear through $8 before cycle top due to current bullish fundamentals.
Crypto analyst Javon Marks believes that XRP price could rally to $10 due to the formation of a decisive breakout in the 9-hour charts, with the $3.18 market acting as a crucial resistance level.
Mikybill Crypto supports this view, revealing a pattern that has led to large rallies in the past amid bullish fundamental and technical indicators. However, before XRP reaches $10, it must reclaim the key resistance levels of $3.24, $3.32, and $3.80. Furthermore, bullish formation and factors such as XRP ETF approval and others should occur.
Casitrades says reclaiming key resistance levels at $3.24 and $3.32 is crucial to XRP’s Wave Five target of $3.80.
What’s next?
With continued development around the XRP token, excitement is rising around its price potential. Many analysts’ predictions target Ripple prices at $10, but this is not possible in a short period of 24 or 48 hours. Although theoretical explanations demonstrate this possibility, physical factors restrict its growth. As a result, an XRP price reaching $10 in the next 24 hours is unlikely due to low buying pressure and neutral broader market conditions. The result may change over a large time frame, but it requires further research and analysis.
Pooja Khardiya
With a deep-rooted passion for reading and five years of content writing experience, Pooja is now focusing on crafting trending content around the cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly researching trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying up to date with the latest trends and advances in the industry is an integral part of her daily routine, leading to a commitment to providing timely and insightful coverage.
Disclaimer: The provided content may include the personal opinion of the author and is subject to the market situation. Do market research before investing in cryptocurrencies. The author or publication does not accept any responsibility for your personal financial loss.
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