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A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months.
The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend.
XRP Shows Unusual Strength Amid Crypto Slump
While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced.
According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit other popular coins such as Solana and Dogecoin.
XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook.
I agree 100%, this is just showing that the possibility being there is just telling us how XRP is in its own league even for just wave counts!
— XForceGlobal (@XForceGlobal) April 2, 2025
Elliott Wave Analysis Points To Massive Gains
The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next.
Trillion-Dollar Valuation Projections Questioned By Critics
Many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase.
At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term.
Source: CoinGlass
CoinGlass: Trading Interest Grows Despite Market Uncertainty
In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency.
Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates that traders are opening positions in the asset irrespective of the direction of the market.
I will be laughing at everyone who said $XRP can never hit $10-20.
— XForceGlobal (@XForceGlobal) April 2, 2025
When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark.
Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels.
With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections.
Featured image from Gemini Imagen, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
