A Korean financial analyst known as XForceGlobal has made striking predictions regarding the future price of XRP, suggesting that the cryptocurrency could reach between $10 and $20 in the upcoming months. This projection is particularly bold given today’s trading price of $2.07 for XRP, amidst a wider cryptocurrency market in a prolonged downturn.
XRP Shows Unusual Strength Amid Crypto Slump
While XRP has experienced a slight decline of over 5% in recent weeks, this decrease pales in comparison to the substantial drops seen in other leading cryptocurrencies. Top names like Ethereum have plummeted by more than 40% over the past three months, with similar declines affecting popular coins such as Solana and Dogecoin.
XForceGlobal, a Certified Elliott Wave Analyst, emphasizes that XRP’s resilience in holding above recent lows distinguishes it from competing cryptocurrencies that have faced declines ranging from 45% to 65% from their peaks. This relative strength underpins 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 foundation of XForceGlobal’s forecasts lies in Elliott Wave theory, a method of technical analysis that seeks to anticipate market movements through the identification of recurring wave patterns. Citing a recognized 5-wave pattern, he predicts that XRP is on course to hit between $20 and $40 within this year or the next.
Trillion-Dollar Valuation Projections Questioned By Critics
Notably, many market observers view such ambitious targets with skepticism. For XRP to reach $10, it would necessitate an increase of over 370% from its current price. Achieving $20 would call for an even more substantial surge of approximately 850%.
At these price levels, XRP’s market capitalization would hover around $1 trillion at $10, and $2 trillion at $20, values that would be unprecedented for an alternative currency. This is a key reason why numerous analysts deem the forecasts unrealistic, especially in the short term.
CoinGlass: Trading Interest Grows Despite Market Uncertainty
Despite the ongoing debate surrounding XRP’s future, recent data from CoinGlass reveals a growing interest in the cryptocurrency. Open interest on XRP trades has surged to $3.60 billion in recent days, suggesting that traders are actively positioning themselves in the asset, regardless of market direction.
I will be laughing at everyone who said $XRP can never hit $10-20.
— XForceGlobal (@XForceGlobal) April 2, 2025
When questioned about the timeline for his predictions, XForceGlobal remained somewhat noncommittal, suggesting that it may take time for XRP to approach the anticipated $10-$20 mark.
Nevertheless, his confidence in the analysis is clear, stating that he would “be laughing at everyone” who doubts XRP’s potential to reach these price levels.
As XRP’s year-to-date gains dwindle to just 0.80%, effectively erasing gains accrued since the beginning of 2025, the pressing question remains: Will XForceGlobal’s lofty expectations be realized, or will they become part of the long list of failed cryptocurrency price forecasts?
Featured image from Gemini Imagen, chart from TradingView
