Can XRP Go Up by 10x Again? Analyst Insights from CoinTrack Daily

2025-05-13
Can XRP Go Up by 10x Again? Analyst Insights from CoinTrack Daily

As the cryptocurrency market enters a new phase of speculative momentum, XRP—one of the most closely watched digital assets—is once again under the microscope. 

In a recent feature by CoinTrack Daily (May 13, 2025), prominent analysts presented a compelling case for why XRP may not only revisit previous highs but could potentially surge by as much as 10x from its current valuation.

Where XRP Stands Today

At the time of analysis, XRP is trading around $2.38, having just broken a critical resistance level at $2.22. 

This move has rekindled optimism among long-term holders and swing traders alike, signaling the possible start of a renewed bullish cycle. 

The asset briefly touched $2.36, marking a significant technical breakout that some believe is the prelude to a larger rally.

Read more: XRP Price Prediction & Forecast for 2025-2035, 2040, and 2050

XRP Price: The Technical Landscape

Two dominant chart interpretations are currently shaping the bullish narrative:

  • Dark Defender, a seasoned market strategist, identifies XRP as entering the fifth wave of an Elliott Wave cycle—a move that could push the token into the $5.85 to $6.39 range if the structure unfolds fully.

     
  • Ali Martinez, a respected on-chain and technical analyst, highlights a symmetrical triangle pattern—a formation often associated with large breakout potential. According to his projection, XRP could reach as high as $15 if the breakout confirms and macro conditions remain supportive.

     

Both patterns align on one theme: XRP is coiling for a decisive move upward.

Read more: XRP Price Prediction May 14 – Is It Time to Be Bullish?

$XRP Outlook: From $6 to $33?

Perhaps the most ambitious outlook comes from Egrag Crypto, who lays out a roadmap extending well beyond conservative targets. 

His thesis suggests XRP could realistically reach between $27 and $33 within the current market cycle—a valuation that implies nearly a 10x increase from today’s levels. 

While such projections often stir skepticism, Egrag’s strategy is rooted in prudent capital rotation and disciplined profit-taking.

He proposes a tiered exit strategy, where 25% of holdings are sold at predetermined intervals, with a final 25% reserved for potential extraordinary gains. 

This approach allows investors to protect profits while still participating in outsized upside if XRP defies expectations.

For more active market participants, Egrag advocates granular 5% reductions at key price checkpoints. 

The intention is to balance exposure while reallocating capital to smaller-cap cryptocurrencies—potentially compounding returns for risk-tolerant traders.

Read more: XRP Price Prediction Third Week of May - Jump to $3

XRP: Broader Market Conditions Matter

Of course, these projections are not made in isolation. A 10x rise in XRP hinges not only on technical patterns but on macro-level conditions, including:

  • Regulatory clarity in the U.S. and global jurisdictions

     
  • Broader crypto market sentiment and liquidity

     
  • The performance of Bitcoin and Ethereum, which often set the tone for altcoin cycles

     
  • XRP’s adoption in cross-border finance, particularly through Ripple’s enterprise partnerships

     

Should these conditions remain favorable, XRP’s trajectory could mirror or even surpass past bull market behaviors.

Read more: XRP Hits A New Milestone! Processes More than 1 Million Transactions in May 2025

Caution and Long-Term Vision

Despite the bullish narratives, analysts are quick to stress the importance of risk management. The cryptocurrency space remains volatile, and projections—no matter how well supported—are inherently uncertain.

Long-term investors are encouraged to accumulate strategically rather than chase price spikes. 

By staying focused on fundamentals and ignoring short-term noise, they position themselves to benefit from the full arc of XRP’s potential maturation over the next decade.

Read more: XRP Leads the Race as Digital Asset Managers Scoops Up Some Crypto

Bottom Line

The question is not whether XRP can rise by 10x—it’s whether the market will allow it to. Current price action, chart patterns, and expert analysis suggest the foundation is there. But the path to $27 or $33 will demand more than just technical compliance. It will require market conviction, regulatory progress, and narrative alignment.

For now, XRP stands at the edge of possibility—a coin with legacy, controversy, and perhaps, another parabolic chapter yet to be written.

Read more about XRP:

Will XRP Stay Bullish Amid Fed Volatility? A Technical Breakdown

Ripple Launches a New Fund with RLUSD

Getting Started with XRP Ledger Snap on MetaMask: A Complete Guide

Bug Appears in XRP Wallet – Is the XRP Transaction Process Under Threat?

SEC Delays DOGE and XRP ETF Decision Until June! Does This Mean the Bull Market Will Happen Then?

FAQ

1. Is a 10x increase in XRP realistic within this market cycle?

While speculative, a 10x increase is technically plausible according to current projections from analysts like Egrag Crypto. Price targets ranging from $27 to $33 are based on chart structures, historical patterns, and bullish market sentiment. However, achieving such a move depends on broader macro conditions and continued adoption of XRP in real-world applications.

2. What are the key technical indicators supporting this bullish outlook?

The breakout above $2.22 is seen as a major technical milestone. Analysts highlight patterns such as Elliott Wave theory (fifth wave) and a large symmetrical triangle—both of which suggest momentum toward significantly higher price targets if confirmed by volume and market continuation.

3. Should I invest in XRP now or wait for a pullback?

Entry timing should align with individual risk tolerance and investment strategy. While some traders may enter during a breakout, others prefer waiting for confirmed support or a pullback. The article’s suggested approach includes staggered entry and exit points to manage volatility.

4. How much influence do regulatory developments have on XRP’s price?

Regulatory clarity, especially in the U.S., is critical to XRP’s valuation. Ongoing legal and compliance resolutions—particularly Ripple’s standing with the SEC—can significantly impact institutional confidence and, consequently, price action.

5. Is XRP better suited for long-term holding or active trading?

XRP accommodates both strategies. Active traders may benefit from technical swings and structured exits, while long-term holders are encouraged to steadily accumulate, especially during periods of consolidation, and ride through multiple cycles for potential maximum upside.

Disclaimer: The content of this article does not constitute financial or investment advice.

Register now to claim a 1012 USDT newcomer's gift package

Join Bitrue for exclusive rewards

Register Now
register

Recommended

Are Whales Buying ETH? Looking at the Current Data
Are Whales Buying ETH? Looking at the Current Data

Ethereum whales are buying up ETH in large quantities. Discover the latest whale activities, their calculated moves, and what this means for Ethereum's future.

2025-05-06Read