The cryptocurrency market was full of ups and downs, with XRP in the center of attention. On March 19, XRP saw an increase of 11.32% after the CEO of Ripple, Brad Garlinghouse, announced that the Securities and Exchange Commission of the United States had abandoned its call against Ripple.
This news fueled a peak of interest for XRP, but the overvoltage was short -lived, followed by a market correction the next day, which saw XRP are negotiated below $ 2.50. Consequently, many investors have sold their assets to the first sign of problem.
Vandell, market analyst and co-founder of Black Swan Capitalist, predict that XRP will reach double figures by the end of the year. While some investors are quick to sell their assets, Vandell encourages them to keep firm, believing that the best is yet to come.
Overview: why could be a mistake
With the almost concluded Ripple-SEC trial and the clearer regulations expected in the near future, the best time can now be the best time to keep XRP. While many investors sell in fear, the more patients expect a major advantage.
By looking in November 2024, XRP began a remarkable rally, going from only 50 cents to a seven-year summit of $ 3.40 in mid-January 2025. This 580% increase indicates that there is more than simple speculation that stimulates the price of XRP. The analyst suggests that this rally has been fueled by a mixture of macroeconomic factors, evolving regulations and the potential of XRP technology.
Double figures for XRP?
He expects XRP to take a major jump, some experts suggesting that prices could reach $ 13 or $ 18. Currently, XRP is negotiated about $ 2.40, which means that a $ 10 decision would require a jump of 300%, and even higher prices would cause spectacular gains.
Analysts like Alex Clay and Matthew Dixon also expressed optimism, some predicting that XRP could reach $ 8 to $ 10 or even more in the near future.