XRP’s price has surged above $2, marking a significant 20% weekly gain as market analysts project ambitious price targets. Leading crypto analyst Maelius has outlined a compelling case for XRP reaching $10, with potential for even higher valuations in an optimistic scenario.
XRP Technical Analysis Shows Bullish Pattern
The cryptocurrency’s recent performance has been particularly noteworthy, with XRP demonstrating strong technical fundamentals. The token’s respect of the 50-week Exponential Moving Average (EMA) suggests a continuation of its bullish trajectory, mirroring patterns seen in previous bull markets. Recent price corrections near $2.20 have established crucial support levels that could fuel the next leg up.
Conservative vs. Optimistic Price Scenarios
Maelius presents two potential scenarios for XRP’s future price action:
- Conservative Case ($10 Target): Completion of Wave 3 with 35% probability
- Optimistic Case ($15-$20 Target): Extended Wave 3 continuation into 2026
Market Dominance Analysis
While XRP’s market dominance metrics suggest potential underperformance against some altcoins, the token’s technical indicators remain strong. The 1-week RSI maintains an uptrend, supported by both horizontal and diagonal support levels.
FAQ Section
What is the timeline for XRP reaching $10?
According to Maelius’s analysis, the $10 target could be achieved within the current market cycle, potentially by late 2025.
What are the key risk factors?
Market volatility, regulatory developments, and broader crypto market conditions could impact XRP’s price trajectory.
How does this forecast compare to historical XRP performance?
The projected targets would represent new all-time highs for XRP, surpassing previous peak valuations.