When XRP will reach $10 is one of the hottest topics of debate in the community lately. Several analysts have put forward bullish predictions, and the reasoning behind them is quite interesting.

One analyst, CryptoBull, is focusing on XRP’s past performance. It was $0.11 in March 2020, then climbed to $3.65 afterward—an approximately 3,500% surge. This time, he argues that a similar scenario could repeat. With XRP currently trading around $1.43, if a 2,000% rise occurs, reaching $28 would be theoretically possible.

However, $28 is a rather ambitious target, and looking at more realistic forecasts, technical analysts have cited target ranges from $5 to $10, and even above $15. In particular, many believe XRP is maintaining the breakout structure as it reaches the end of 2024, and this is seen as the basis for the next upward phase.

A Korean Elliott Wave analyst has a similar view, interpreting XRP’s correction from the high of $3.66 down to just before $1 as a preparatory stage for a strong breakout. There is also an observation that past cycles often show a pattern where a sharp correction is followed by a large rebound.

Of course, these are speculative predictions and not guaranteed outcomes. The market’s level of maturity is different from 2020, and the scenario for reaching $10 is still not certain. Still, it’s true that technical signals and historical data provide some basis. Investment decisions should be made based on your own research and judgment.