Expert Predicts XRP Price to Hit $10 as Elliot Wave, XRPR ETF Inflows Align

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Expert Predicts XRP Price to Hit $10

Highlights

  • A crypto analyst predicts that the XRP price will jump to $10 in the near or medium term.
  • The analyst pointed to the Elliot Wave pattern analysis since it is now in the second phase.
  • The existing XRP ETFs have had robust ETF inflows in the past few months.

XRP price has moved sideways in the past few days as the recent bull run stalled. Ripple was trading at $2.6290 today, Oct. 29, up by 50% from its lowest point this month. Still, one crypto analyst predicts that the token will go parabolic and hit $10, citing the Elliot Wave pattern and the ongoing ETF inflows.

Frequently Asked Questions (FAQs)

1. What is the most likely XRP price prediction?

The most likely XRP price prediction is bullish, with one analyst predicting that it will hit the key target at $10 in the coming months.

2. Can Ripple price jump to $10 this year?

There is a likelihood that the XRP price will jump and hit the important resistance level at $10 in the long term. It needs to jump by 285% from the current level, which is possible.

3. What are the potential XRP token catalysts?

The most likely catalysts for the token are the ongoing XRP ETF inflows and demand from institutional investors.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

XRP

XRP

$2.6510 -0.61%

24 Hours volume

$4.47B

Market Cap

$159.11B

Max Supply

100B

Buy $XRP with MEXC
About Author
About Author
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.