XRP Hits Record Highs: Analyst Predicts $10+ Surge

Crypto analyst XRP CAPTAIN has ignited excitement in the XRP community with a bullish prediction of an upcoming price surge for the asset. In a recent post on X (formerly Twitter), CAPTAIN stated, “We are witnessing new all-time highs for XRP. Next stop is $10 and beyond.” This announcement coincides with a technical chart highlighting a breakout pattern indicating sustained upward momentum, propelling XRP to trade at $2.26 today, up significantly from earlier this year when it traded above $3. 📈 The analysis suggests that this latest surge surpasses the previous record of $3.84 set in January 2018. The technical chart’s support is further amplified by rising trading volume, higher lows, and expanding volatility. CAPTAIN believes that this momentum is paving the way for a price discovery phase, with $10 emerging as a plausible mid-term target. XRP’s ascent isn’t just driven by market sentiment but also by real-world developments that strengthen its long-term fundamentals. XRP has been gaining traction as a reliable payment solution in international transactions, and recent innovations, such as the XRPL EVM Sidechain launch, have propelled its utility beyond payments into decentralized applications like DeFi, NFT and Web3 projects. This expansion, driven by increased demand from institutional users seeking liquidity solutions, and developers building on the XRPL’s evolving ecosystem is further fueling XRP’s price growth. Market sentiment has shifted decisively in favor of XRP in recent weeks, as it successfully surpassed the $2 mark while exhibiting resilience against market downturns. 📈 Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.