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Will XRP Break the $10 Barrier? Why Market Cap Doesn’t Matter
In the ever-evolving world of cryptocurrency, the debate surrounding XRP’s potential to surpass the $10 mark has intensified. Many analysts have presented arguments focusing on market capitalization and token supply as obstacles. However, recent insights from crypto analyst XForceGlobal suggest that these concerns may not hold water. According to their analysis, XRP is indeed poised to reach the $10 milestone, and it’s only a matter of time before this digital asset ascends to that level.
Debunking the Market Cap Myth
XForceGlobal recently took to X (formerly Twitter) to caution XRP investors against the common narrative claiming that the token cannot exceed $10 due to market cap constraints. They argue that this reasoning is fundamentally flawed. In fact, the analyst expects XRP to breach the double-digit threshold within the next year, primarily due to a bullish triangle breakout that commenced in early 2024.
This breakout signals a favorable market environment for XRP, indicating that there is still a narrow window for the altcoin to maintain its upward trajectory. If the predicted breakout occurs, XRP could swiftly rally to $4, setting a new all-time high. Looking ahead to 2026, the analyst anticipates that the bullish momentum will persist, potentially triggering a staggering 200% increase, ultimately pushing XRP beyond $10 and possibly towards $14.
XRP Remains Bullish Despite Recent Declines
Adding to the optimism, another analyst, TradingShot, has highlighted positive technical patterns on XRP’s 1-day chart. They noted that the token bottomed out back in April after enduring a challenging period influenced by geopolitical factors, including Donald Trump’s tariff wars. With recent recoveries, XRP has successfully tested and maintained support above $2.7 on the 1-Day MA50.
The significance of this support level cannot be overstated. It suggests that if the 1-Day MA50 is confirmed, it could provide the necessary push for the altcoin to continue its rally. TradingShot projects an ambitious target of over a 60% price increase, aiming for the $5 mark in the near future. The analyst explained, “That bullish leg peaked on the 2.0 Fibonacci extension level. If this sequence is repeated, expect the next high to be around $5.00.”
Conclusion: A Bullish Outlook for XRP
In summary, the prevailing arguments against XRP’s potential to exceed $10, particularly concerning market cap, seem increasingly tenuous. With strong technical indicators and bullish sentiment expressed by multiple analysts, the future looks bright for XRP investors. As the cryptocurrency landscape continues to shift, staying informed through credible sources is essential. For more insights into the latest trends in crypto, check out our crypto section.
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