All indicators point to the undeniable fact that XRP will eventually break above $10. But when will the journey here begin and should you be buying XRP coins right now?
There is a general consensus among analysts and investors that the XRP price will eventually reach $10. In our analysis, for example, we expect XRP to rally towards $9 in 2027 before a sustained uptrend helps it break above $12 by 2030.
These sentiments are shared by Ryan Lee, the Research Chief Analyst at BitGet, who expects XRP to rally by as much as 500% and climb above the $10 mark by 2030.
But when can we start seeing this turnaround for XRP?
We believe XRP’s tides of fortune started turning in late 2024. While they may have been calmed this year by several macroeconomic headwinds, this altcoin is still poised for a breakout. The two biggest indicators of the upcoming XRP season could be the following:
The Resumption of the 2025 Bitcoin Bull Run
XRP, like any other coin, follows closely in Bitcoin’s footsteps. Comparing the two price charts, for example, you will notice that XRP prices started rallying soon after BTC confirmed a rally in the last half of 2024.
It also peaked when Bitcoin hit a new all-time high in late January and has been mimicking its sideways price action over the previous three months.
Therefore, you may consider watching out for Bitcoin’s next price action as a breakout will most likely point to an upcoming breakout for XRP.
When the SEC Approves XRP ETF
You can also expect XRP to explode if the SEC eventually approves the close to 10 XRP ETFs submitted by the different funds.
There is a high degree of confidence that the US SEC will approve these ETFs before the end of the year. At the time of writing, for example, bettors at Polymarkets believe there is a 78% chance of XRP ETFs being approved before the end of 2025.
Should You Buy XRP Today?
Yes, you should be accumulating XRP right now in readiness for explosive gains when it eventually starts rallying.
Note that since the start of the year, especially after Gensler’s exit and inclusion of XRP in the basket of digital assets that will make up the US Strategic Crypto Reserves, whales have been buying en masse.
They have already gobbled up billions of XRP tokens because they are confident XRP will break out and rally to a new high during the next phase of the 2025 bull market. Consider joining this bandwagon with safe investing strategies like dollar cost averaging.
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