XRP is trading below the $3 mark on Friday, indicating this could be the best time to accumulate the token as it’s available at a discount. This is the right time to ‘buy low and sell high’ as retail and institutional investors are rallying behind it. Another leg-up from here could push it above the $3 mark again and also go beyond $4. Amid the increase in trading activity, panelists from Finder published a report saying that XRP could reach $10.05.
Also Read: XRP Has Risen 400% In 1 Year: Will It Hit $4 After a Rate Cut?
XRP To $10.05 Possible, Say Panelists: See the Timeline
The Finder’s panel of cryptocurrency experts predicts that XRP could reach $10.05 by 2035. That’s considered a long-term holding and another 10 years from today. That’s a surge of close to 300% from its current price until the next decade. Therefore, an investment of $1,000 today could turn into $4,000 by 2035, if the forecast turns out to be accurate.
Also Read: XRP $50.000 Forecast Revives Buzz From Forbes’ Hidden $59,472 Article
“On average, our panelists think XRP will be worth $2.80 by the end of 2025 before rising to $5.25 by 2030 and $10.05 by 2035,” wrote the Finder’s panelists. Therefore, taking an entry position now would deliver profits throughout 2030 and 2035. Investors could nearly double their money in the next five years if the forecast turns out to be true.
The bullish forecast to $10.05 comes after institutional clients and global financial banks are using Ripple’s financial services for settlements. “It is heavily influenced by lobbyists in the US, as an American company. Under the current political climate, XRP has the potential to do well,” said Joseph Raczynski, a futurist for JT Consulting and Media.
However, XRP is forecasted to remain trading sideways this year due to regulatory clarity. “Right now, the market reflects a wait-and-see mindset. While Ripple has had some legal victories, the broader question of XRP’s status in the US is still muddy, and that hesitation is built into the price. Until the regulatory picture is settled, I see XRP trading within a more limited range than some of its peers,” said Nicole DeCicco, the CEO of CryptoConsultz.
