XRP Price At $10-$20 Only The Beginning, It’s Headed For $1,000 – Analyst Reveals
Crypto analyst BarriC has asserted that an XRP price rally to between $10 and $20 would only be the start for the altcoin. The analyst still expects XRP to rally to four digits and has in the past explained why he believ...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto analyst BarriC has asserted that an XRP price rally to between $10 and $20 would only be the start for the altcoin. The analyst still expects XRP to rally to four digits and has in the past explained why he believes such an ambitious price target is possible.
XRP Price To Still Rally To $1,000In an X post, BarriC stated that a potential XRP price rally to between $10 and $20 is just the beginning. He added that the long game for the altcoin is $1,000. The analyst urged market participants to be prepared for life-changing and generational wealth. In his other X posts, BarriC provided a roadmap for how it can reach four digits.
In one post, he stated that once the XRP price reclaims $3, it will move rapidly to $5. The analyst predicts that the altcoin will then skyrocket into double digits, sitting comfortably at between $10 and $20 as a new all-time high. However, BarriC believes that is just the start for XRP as it will still reach $100 and then $1,000.
He asserted that these price targets for XRP will happen much sooner than people think. In another post, the analyst alluded to banks using XRP as one factor that could spark this XRP price surge. BarriC stated that the fact that investors can still accumulate the altcoin at around $2 means that banks aren’t utilizing it yet.
The analyst said that once banks and financial institutions worldwide adopt and utilize XRP in the way they conduct finance, the altcoin will skyrocket to $1,000. He referenced the 2017 bull cycle when the token’s price went from $0.006 to $3.80, which is why he is confident that such a parabolic surge is possible.
The Altcoin Approaching Key Resistance LevelsIn an X post, crypto analyst CasiTrades stated that the XRP price is approaching key resistance levels following its latest surge. She highlighted $2.69 as the major resistance, as this price level is also the .236 Fib retracement from the all-time high (ATH) and a key level to watch for a correction.
Commenting on the current price action, she noted that what stands out is the continued price increase despite low momentum and a completed 5-wave count. The analyst remarked that this slow, controlled push higher often signals strong underlying demand, strong trend, and heavy accumulation.
CasiTrades stated that if the XRP price breaks and holds above $2.69, it would open the door for an explosive move toward $3. However, if the altcoin doesn’t hold this level, she claimed it could record a short-term dip toward $2.30 for a reset.
At the time of writing, the XRP price is trading at around $2.50, up almost 5% in the last 24 hours, according to data from CoinMarketCap.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Behind Bitcoin’s sudden resilience is a $2 billion cash surge that wiped out speculative leverage
July's PCE inflation reading held at 3.7% headline and 3.3% core on Aug. 26, both still above the Fed's target. Futures markets re...
SEC crypto custody rewrite enters White House review with key rules still undisclosed
The SEC crypto custody rewrite for investment advisers and funds, including their crypto assets, entered White House review on Aug...
Bitcoin now has a quantum computing escape route, but 7 million BTC may still be exposed
Bitcoin has confirmed a quantum-resistant transaction on mainnet using its existing consensus rules, showing that some holders cou...
Bitcoin (BTC) Price Prediction: Hidden Weekly RSI Divergence Warns of Pullback as BTC Tests $80K
Bitcoin price was trading around $80,500 on Bitstamp in the latest technical reading, up 3.11% on the session. While the price rem...
Bitcoin Price Prediction: Can BTC Get Back Over $80,000?
Today’s Bitcoin price prediction has BTC trading at $79,500, up around +1.1% over the past 24 hours, as the coin’s late-August gri...
Morgan Stanley leads Solana ETF $9 million inflows as SOL jumps rises above $100
US Solana exchange-traded funds (ETFs) attracted about $9.1 million in net inflows on Aug. 26, led by Morgan Stanley’s MSOL. SoSoV...