Why hasn't XRP broken through $10 yet? Analysts reveal: it has nothing to do with market capitalization.
Recently, the crypto community has been buzzing with the topic of #xrp's surge! Many people have been debating: Can XRP break through the 10 dollar barrier? Supporters believe that the large market capitalization and excessive token supply are the main reasons suppressing price increases; while opponents argue that as long as market sentiment aligns, XRP has a complete chance to achieve a historic breakthrough.
However, cryptocurrency analyst XForceGlobal has provided an exciting perspective: the market capitalization argument is completely untenable! In their view, XRP's price is ready to hit double-digit levels, and breaking through $10 is just a matter of time. In other words, investors should not be misled by market capitalization arguments, nor should they be intimidated by the so-called "oversupply" claims—what really matters is market momentum and the technical aspects.
Don't be fooled by market capitalization arguments.
XForceGlobal posted on the X (formerly Twitter) platform, pointing out that many so-called "experts" claim that the price of X cannot rise above 10 dollars, which is actually unfounded. The fact is that since 2024, the price of XRP has maintained a bullish momentum, and after a recent pullback, it still holds strong at key support levels.
According to the analyst's chart, once XRP breaks the current resistance level, the price may quickly rebound to $4, setting a new historical high.
In the long term, by 2026, this bull market may continue to explode - with an increase of over 200%, and even breaking through $10, ultimately having the chance to reach the level of $14!
This is undoubtedly a highly tempting prospect for investors who have been closely following XRP.
Technical analysis supports the rise
Moreover, another cryptocurrency analyst TradingShot conducted a detailed analysis of XRP's technical aspects. He pointed out that after experiencing months of fluctuations due to external factors (such as the Trump tariff war), XRP bottomed out in April this year. Subsequently, the price rebounded steadily and has been testing the 1-day MA50 support level (around $2.7).
This step is significant: the price holding above the MA50 support means that the bulls have regained control, and the technical support continues to rise. At the same time, XRP's performance on the 1-day MA100 chart also shows a signal of bottoming out from the bearish range. This tells us that if the MA50 is confirmed, then XRP will have the conditions for further upward movement.
TradingShot's analysis further indicates that the short-term target for this round of increase is a price rise of over 60%, hitting the $5 mark. According to the Fibonacci extension sequence in technical analysis, if this pattern repeats, the next potential high point will be near $5. This provides investors with a clear reference range and makes the long-term bullish outlook even more promising.
Market sentiment and long-term trends
It is worth noting that the rise of XRP is not solely dependent on technical factors. Market sentiment, institutional participation, and community activity are all contributing to the price increase. As more investors recognize that market capitalization is not a barrier and supply overhang is not an issue, the willingness to buy continues to strengthen, and the probability of the price breaking through double digits is gradually increasing.
XForceGlobal emphasizes: Holding XRP now and waiting for the bull market to arrive is more important than blindly chasing highs. The market's rhythm will go through adjustments and consolidation, but as long as the general trend is upward, patient waiting is the key to victory. For long-term investors, this round of increase will be a historic opportunity.
Summary
Overall, the price of XRP has not reached $10, which is not a matter of market capitalization or supply, but rather the market needs time to build momentum. Technically, the price is holding steady at the MA50 support level, and it may challenge $5 in the short term. In the long term, the bull market is expected to continue until 2026, ultimately breaking through $10 and even reaching $14.
For investors, the key lies in patience and strategy:
Do not be misled by market capitalization rhetoric; focus on the technical aspects and market trends.
Pay attention to key support levels (MA50, MA100) to confirm the bullish trend;
Combine long-term bull market expectations and reasonably allocate positions.
The curtain of the bull market for XRP seems to have quietly risen, and the days of prices hitting 10 dollars may be closer than you think! What investors need to do is patiently hold and wait for the historic opportunity for a rise to come. #XRP ETF上线##山寨币市场回暖#