Analyst Says $10+ XRP Price Is No Longer A Wild Target, But…

XRP Update, a crypto enthusiast on X, has shared a chart analysis suggesting that a move toward $10 is no longer an unrealistic target for XRP. The post presented a long-term XRP/USD chart and stated that “$10+ XRP is no longer a wild target; it’s a realistic possibility.”

The attached chart tracks XRP’s historical price movement and highlights a technical structure that the analyst believes could support a major upside move.

The analysis shows XRP trading around $1 while approaching a key area of support after an extended correction. The chart also marks potential Fibonacci extension targets above the current price range, including levels around $7.86 and $11.64.

According to the chart, XRP has been moving through a large consolidation pattern following its previous rally. The analyst identified the current price zone as important, with XRP testing a long-term trendline and support region. A successful breakout from the current structure could open the possibility of a move toward higher Fibonacci extension levels.

Technical Analysis Points Toward Higher Targets

The chart shared by XRP Update focuses on XRP’s previous price cycles and projected extensions based on historical movements. The analysis highlights a previous accumulation phase that preceded a significant rally and compares it with XRP’s current market structure.

The chart shows a projected move that could take XRP toward $7.86 and $11.64. The analysis suggests that XRP would need to confirm a breakout from its current pattern before reaching these targets.

XRP remains below its previous all-time high, and reaching the $10 level would require a significant increase from its current price. Supporters of the projection point to XRP’s past market cycles, increasing institutional interest, and developments around blockchain adoption as factors that could influence future demand.

However, the prediction has received mixed reactions from the crypto community. Some users questioned whether XRP could reach such levels, with several commenters expressing skepticism about the possibility of a $10 valuation.

Some users also compared XRP’s recent performance with other cryptocurrencies, noting that several assets have delivered stronger short-term gains.

Market Participants Watch XRP’s Next Move

The discussion surrounding XRP’s potential price targets continues as traders monitor technical indicators, market conditions, and broader developments in the cryptocurrency sector. While XRP Update’s chart presents a bullish scenario based on historical patterns and technical projections, the $10 target remains dependent on future market conditions and sustained buying interest.

For XRP to approach the projected levels, the asset would need to overcome major resistance zones and maintain momentum after its current consolidation period. The analysis shared by XRP Update reflects the continued interest among XRP supporters in the possibility of a larger price expansion during the next major market cycle.