Market analyst Vandell Aljarrah believes many investors are giving up on XRP too early, despite predictions of significant price increases this year. He urges patience, especially as Ripple’s legal battle with the SEC nears an end. Following recent positive news from Ripple, XRP saw a 10% rise in value but quickly fell below $2.50, leading to panic selling among some investors. Analysts, including Aljarrah, predict XRP could reach double-digit prices, suggesting potential values between $10 and $18. With XRP currently trading around $2.41, experts emphasize the importance of holding onto investments amid Market fluctuations. Overall, they remain optimistic about XRP’s long-term growth potential.
A well-known Market analyst, Vandell Aljarrah, believes that some investors are giving up on XRP too early, despite predictions of a significant price rise this year. Aljarrah, co-founder of Black Swan Capitalist, highlighted the persistent pressure to sell XRP, which has been trading below $2.50. In a recent social media statement, he encouraged investors to remain steadfast as the legal battle between Ripple and the SEC nears its conclusion. He predicts that XRP could experience substantial growth by the end of 2025, possibly reaching double-digit prices.
Ripple’s ongoing legal struggles with the SEC have greatly influenced XRP’s recent price movements. Earlier this month, Ripple CEO Brad Garlinghouse shared news of the SEC halting its appeal against the company, which temporarily boosted XRP’s price by 10% on March 21. Unfortunately, this optimism didn’t last long, and the price fell again, leading to panic selling. Analysts have criticized this behavior, referring to these sellers as “paper hand whales” who lack the patience to wait for Market fluctuations.
XRP has a history of rapid price escalations. For instance, between November 2024 and mid-January 2025, it surged by 550%, from $0.50 to $3.40. Although the price has since corrected, this past performance has instilled confidence among investors regarding XRP’s long-term prospects. In addition to Aljarrah, other analysts have made bold predictions. Alex Clay initially forecasted a rise to $8, and similar sentiments were echoed by EGRAG.
As the idea of XRP reaching double-digit prices gains momentum, analysts like Aljarrah suggest potential targets of $10, $13, or even $18. Achieving these levels would require significant increases from its current price of around $2.42. Specifically, a jump to $10 necessitates a 300% rise, while hitting $18 would demand a staggering 640% increase. Although these targets may seem ambitious, some experts believe they are achievable, especially if Market conditions improve.
Reports indicate that some XRP holders are parting ways with their investments due to financial difficulties. Aljarrah acknowledges these challenges but urges investors to stay strong, emphasizing the importance of patience for long-term success. As the cryptocurrency Market continues to evolve amid broader economic uncertainties, XRP’s current trading price stands at $2.41, reflecting a 1.20% decline over the past day. Investors and Market analysts will be keenly observing XRP’s progress toward its ambitious price goals in the near future.
Featured image sourced from Gemini Imagen, chart data provided by TradingView.
Tags: XRP, Ripple, SEC, cryptocurrency Market, Vandell Aljarrah, price predictions.
What is XRP?
XRP is a digital currency used for fast and low-cost payments. It is created by Ripple Labs and aims to improve international money transfers.
Why do analysts think XRP will rally?
Analysts believe XRP could see a big price increase because of growing interest from investors and new partnerships that enhance its use. Some even predict it may reach double-digit prices this year.
What are double-digit prices?
Double-digit prices refer to values between 10 and 99. This means analysts are hoping that XRP could be worth at least $10 soon.
How does XRP compare to other cryptocurrencies?
XRP is known for its speed and low transaction fees compared to other cryptocurrencies like Bitcoin and Ethereum. This makes it attractive for banks and financial institutions.
Where can I buy XRP?
You can buy XRP on various cryptocurrency exchanges, such as Binance or Coinbase. Always do your research and choose a reliable platform.