[DigitalToday reporter Jinju Hong (홍진주)] Investors who bought XRP at various price levels since December 2024 could earn significant gains if XRP reaches $10, a forecast has said.
On Feb. 4 local time, blockchain outlet TheCryptoBasic reported that the XRP community has long discussed $10 as a symbolic target price. In June last year, market analyst CryptoBull said investors who left XRP out of frustration with range-bound trading would return once the price begins moving toward $10, expressing strong optimism.
Another analyst, Cryptolica, broke XRP's past price moves into four stages. Cryptolica said XRP remains in the third stage, a bearish phase, but could show strong upside momentum on entering the fourth stage and eventually reach $10. TheCryptoBasic also reported that multiple analysts mentioned the possibility of XRP reaching $10 in January 2024.
With XRP currently trading at about $1.57, it would need an additional rise of about 576 percent to reach $10. That is not an easy figure, but XRP has surged over short periods in the past. After the U.S. presidential election in November 2024 through January 2025, XRP rose from about $0.5 to $3.4, a jump of about 580 percent.
If XRP breaks above $10, investors who entered the market after the November 2024 rally could finally lock in meaningful profits. For example, an investor who bought 10,000 XRP at $1 would invest a total of $10,000 and hold assets worth $100,000, equal to about $90,000 in profit. For an investor who bought 10,000 XRP at $1.5, the investment would be $15,000 and the profit about $85,000. An investor who bought at $2 could also expect about $80,000 in profit on a $20,000 investment.
That view also matches the assessment of market analyst EGRAG. EGRAG said XRP could move toward higher price ranges over the long term and that investors who bought in the current range, whether around $1 or around $2 to $3, could earn sufficiently reasonable returns if the price reaches the target.
There is no guarantee that XRP will actually reach $10 or higher, and investors are urged to make careful judgments that take market volatility and risk into account.