Sell XRP now? The analyst expects the target of $ 10, as he fights the price after winning in a second
The cryptocurrency market was full of climbing and landing, with XRP in the center of attention. On March 19, XRP witnessed an 11.32 % increase after the CEO of Ripple, Brad Garlinghyus, announced that the US Securities and Stock Exchange Committee (SEC) has dropped its appeal against Ripple.
This news has fueled an increase in interest in XRP, but the increase was short -term, followed by the market correction the next day, which witnessed the trading of XRP less than $ 2.50. As a result, many investors sold their assets in the first sign of trouble.
Vandell, market analyst and co -founder of Black Swan Capitalist, XRP is expected to reach twice Numbers by the end of the year. While some investors are rushing to sell their property, Vandel encourages them to keep firmly, believing that the best has not yet come.
The biggest picture: Why can the sale be wrong
Due to the presence of a lawsuit on the Ripple-Sec, it has concluded more clear and expected regulations in the near future, it may now be the best time to stick to XRP. While many investors are selling for fear, more investors are waiting for a great bullish.
If we look back in November 2024, XRP started a great gathering, climbing from 50 cents to the highest level in seven years of $ 3.40 by mid -January 2025. This 580 % increase indicates that there is more than just XRP driving speculation. The analyst suggests that this gathering was supported by a mixture of total economic factors, advanced regulations, and the possibility of XRP technology.
Double numbers for XRP? A bold bet
It is expected that XRP will make a big jump, as some experts indicate that prices may rise to a height of $ 13 or $ 18. Currently, XRP is trading about $ 2.40, which means that the transition to $ 10 will require a 300 % jump, and even high prices will lead to exciting gains.
Analysts such as Alex Clay and Matthew Dixon also expressed optimism, as some expect that XRP can reach $ 8 to $ 10 or higher in the near future.
