Crypto analyst Crypto Pal has shared an ultra-bullish prediction for the XRP price and how it could rally to $10,000 thanks to its inclusion in the crypto Strategic Reserve. Meanwhile, other crypto analysts have given more conservative XRP predictions, predicting that the crypto’s price could at least reach triple digits.

XRP Price To Reach $10,000 Following Inclusion In Strategic Reserve

In an X post, Crypto Pal shared a prediction of the XRP price rallying to between $10,000 and $35,000. The analyst then asserted that the XRP Strategic Reserve will make this happen easier than ever.

US President Donald Trump recently announced XRP’s inclusion in the proposed crypto Strategic Reserve, which provides a bullish outlook for XRP. The XRP price had even surged on the back of this announcement, coming close to reaching a new all-time high (ATH).

However, despite the Strategic Reserve providing a bullish outlook for XRP, there remain doubts that this initiative could send the crypto’s price to such ambitious targets. A rally to $10,000 would put XRP’s market cap in trillions of dollars and make it worth more than the global economy, making this prediction far-fetched.

Amid this ultra-bullish price prediction for XRP, crypto analysts have offered more conservative price targets for the crypto. Crypto analyst Egrag Crypto recently predicted that Ripple’s native coin could still hit $320 between now and next year. Meanwhile, he predicted that the crypto would rally to $30 by May this year.

Crypto analyst Dark Defender also recently predicted that XRP could reach $8 irrespective of the outcome in the Ripple SEC case. However, a settlement in the Ripple lawsuit could undoubtedly spark a significant price surge for the crypto.

XRP Gearing Up For Its Next Big Leap

In an X post, Egrag Crypto stated that the XRP price is gearing up for its next big leap. He explained that the crypto is holding above critical support trend level and has successfully retested the Bull Market Support Band.

He also revealed that XRP is consolidating above the Fibonacci 0.888 level while another macro consolidation zone, the Fib 1.0 zone, is in play. The Fib 1.0 level puts XRP at $3.37. Crypto analyst CasiTrades also predicted that Ripple’s native coin could soon rally above $3 if it stays above the trendline at $2.42.

Meanwhile, Egrag Crypto predicts that there will be a “noise consolidation” for XRP between $3.40 and $2.00. Once that consolidation is done, the analyst predicts XRP’s next major leg would lead to a rally to between $8.5 and $13, which are the Fib 1.272 and 1.414 level. He also remarked that market participants should not ignore Fib 1.618 at $27.

Crypto whales look to be preparing for this parabolic XRP price rally, as they continue to move significant coins around, indicating active accumulation. Crypto analyst Ali Martinez recently revealed that over $5.37 billion worth of XRP has been transferred in the last 24 hours.

The post Can The XRP Price Reach $10,000 Following XRP’s Inclusion In Strategic Reserve? appeared first on CoinGape.

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Filed under: News - @ March 5, 2025 7:24 pm