Analysts Share Predictions for Ripple (XRP) Prices

with potential pullbacks to $2.80 or $2.50 presenting buying opportunities. A strong resolution in the Ripple v. SEC case and the potential approval of an XRP ETF in the U.S. could further drive up the asset’s valuation, with optimism bolstered by changes within the SEC leadership.

Is the Possibility of Hitting $10 Real?
XRP, the Ripple-backed cryptocurrency, experienced a significant surge in value following the U.S. presidential election won by Donald Trump. Prior to the election, XRP was trading around $0.50, but it has since skyrocketed to $3.20, showcasing a remarkable 540% increase in value according to CoinGecko’s data. Many industry analysts believe that this growth trend could persist in the coming months, with some speculating that XRP could potentially hit a remarkable milestone of $10 per coin.
One analyst, Michael van de Poppe, shared insights with his vast social media audience of over 750,000 followers, suggesting that a potential dip in price to $2.80 could represent an attractive entry point for investors. He further alluded to the realistic possibility of XRP reaching $10 in the future. Another voice in the crypto space, EGRAG CRYPTO, echoed a similar sentiment, anticipating a retracement to $2.83 and a potential drop to $2.50, which was deemed as a normal market correction. Despite these short-term predictions, the overall outlook remains optimistic, especially if XRP manages to surpass the $3.40 resistance level.
In a recent market breakout on January 16, XRP surged to $3.39, coming within 1% of its all-time high set in early 2018 as reported by CryptoPotato.

Factors Driving Bullish Sentiment
The path to higher price levels for XRP hinges on several key developments, with one of the most significant being the final resolution of the Ripple v. SEC lawsuit. The recent departure of Gary Gensler, the former SEC chairman known for his tough stance on cryptocurrencies, and the appointment of Mark Uyeda, a pro-crypto figure, have instilled hope within the XRP community that a favorable verdict may be imminent. Legal expert John Deaton also supports this optimistic view, outlining potential scenarios for the case post-Gensler’s exit.
One likely outcome is the dismissal of the SEC’s appeal against the 2023 verdict by Judge Analisa Torres, which ruled that XRP sales to retail investors were not securities transactions. Deaton speculates that Ripple might have to pay a modest $125 million penalty for breaching certain regulations, a manageable amount for the company given prior commitments to compliance. This fine pales in comparison to the original $2 billion penalty sought by the SEC.
Moreover, the approval of an XRP exchange-traded fund (ETF) in the U.S. could serve as a catalyst for XRP’s price surge. Ripple’s president, Monica Long, hinted at the likelihood of such a financial instrument hitting the market soon, with Polymarket assigning a 64% probability of an XRP ETF launch before 2025 wraps up.