A well-known market analyst states that some investors are giving up on XRP too soon, despite predictions of a significant price increase this year. Vandell Aljarrah, co-founder of Black Swan Capitalist, expressed disbelief at the ongoing pressure to sell XRP, which has struggled to maintain a trading price above $2.50.
In a social media statement, Aljarrah criticized the trend of selling and urged investors to remain resilient, especially as the legal battle between Ripple and the SEC nears its conclusion. He believes the altcoin is poised for considerable growth in 2025, with the potential to reach double-digit prices before year-end.
XRP will reach double digits this year.
I can’t believe people are selling now.
— Vandell | Black Swan Capitalist (@vandell33) March 21, 2025
Ripple’s Legal Win Brings Hope
XRP’s recent price fluctuations have been significantly influenced by positive developments in Ripple’s ongoing legal struggle with the U.S. Securities and Exchange Commission (SEC). Earlier this month, Ripple CEO Brad Garlinghouse announced that the SEC had ceased its appeal against the company. This news promptly lifted XRP’s price by 10% on March 21.
However, the excitement was short-lived, as XRP’s value dropped the following day, falling back below $2.50, sparking panic selling among some investors. Market observers have criticized these sell-offs, with a prominent commentator labeling the sellers as “paper hand whales” who are unwilling to weather the challenging times.
they just love liquidating some $XRP fam. we can’t go a bit higher without some paper hand whales selling.
anyways, more XRP for me. pic.twitter.com/dBP8txPx7h
— Oscar Ramos (@realOscarRamos1) March 21, 2025
XRP’s History of Price Jumps
Despite recent declines, XRP has a proven track record of rapid price increases. From November 2024 to mid-January 2025, the cryptocurrency surged by 550%, escalating from $0.50 to $3.40, marking its highest point in seven years. Although the market has since corrected, this performance has fostered confidence in XRP’s long-term potential.
Aljarrah’s optimistic outlook is echoed by other analysts, including Alex Clay, who previously forecasted that XRP could reach $8 and eventually $10. Another analyst, EGRAG, recently shared similar projections, aspiring for comparable price targets.
The notion of XRP reaching double-digit prices is gaining traction among industry experts. Aljarrah suggested that the cryptocurrency could surpass the $10 mark, potentially reaching as high as $13 or $18. These targets would necessitate a significant increase from XRP’s current price of $2.42.
To reach $10, XRP’s value would need to rise by over 300%. A target of $13 would require a 430% increase, while an $18 price tag would necessitate a substantial 640% rally. Although these figures may seem ambitious, some analysts perceive them as attainable, particularly if market conditions improve.
Investors Urged to Hold On
Reports indicate that some XRP holders are selling due to financial difficulties. Aljarrah acknowledges these challenges but implores investors to remain steadfast, emphasizing that patience is crucial for long-term success. His comments come as the cryptocurrency market grapples with uncertainty amid broader economic concerns.
Currently, XRP is trading at $2.41, down 1.20% in the past 24 hours. As the market continues to evolve, both analysts and investors are keeping a close eye on whether XRP can achieve its ambitious targets in the coming months.
Featured image from Gemini Imagen, chart from TradingView
