Analyst Predicts XRP Could Reach Double-Digit Prices This Year

Market analyst Vandell Aljarrah believes investors are prematurely selling XRP, despite predictions of a significant price increase this year. He emphasizes that the legal battle between Ripple and the SEC is nearing its conclusion, which could lead to substantial growth for XRP in 2025.

Ripple's Legal Developments

Ripple CEO Brad Garlinghouse announced that the SEC halted its appeal against Ripple, boosting XRP's price by 10% on March 21.
The price fell back below $2.50 the following day, prompting panic selling among some investors.
Critics label these sellers as "paper hand whales," unable to endure market fluctuations.

XRP's Price History

XRP previously surged by 550% from November 2024 to mid-January 2025, reaching $3.40.
This performance has bolstered confidence in XRP's long-term potential.
Other analysts, including Alex Clay and EGRAG, predict prices up to $10 or more.

Future Price Predictions

Aljarrah suggests XRP could exceed $10, with targets of $13 or $18 requiring significant price increases of over 300%, 430%, and 640%, respectively.
Current trading price is approximately $2.41, down 1.20% in the last 24 hours.

Aljarrah urges patience among investors, highlighting the importance of resilience during challenging market conditions.