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XRP’s Path to $10,000: Bold Prediction Suggests Imminent Supply Disruption

Crypto analyst Ripple Queen has made waves with her audacious assertion that XRP could skyrocket to $10,000. This bold forecast hinges on the altcoin’s supply dynamics and its burgeoning adoption rate. Ripple Queen believes that the confluence of these factors places this lofty price tag within reach.

The Path to $10,000

In a recent X post, Ripple Queen declared the $10,000 price for XRP is practically “locked in,” citing mathematical models as her basis. She emphasized XRP’s unique position in the crypto landscape, highlighting its limited supply and unrivaled utility. “The world is catching up fast,” she noted, pointing to increasing adoption rates as a catalyst driving this potential surge.

Ripple Queen is optimistic about the regulatory environment, which has been a pain point for the crypto industry. With the emergence of laws like the GENIUS Act, she anticipates Ripple’s operations—and consequently XRP’s adoption—will accelerate. Ripple CTO David Schwartz has also reiterated XRP’s central role as a bridge currency in their payment services, further solidifying its indispensable status in the Ripple ecosystem.

But here’s where it gets intriguing: Ripple Queen suggests that mass adoption isn’t just a distant dream—it’s a ticking clock. Banks and institutional investors are, according to her, quietly amassing XRP. This silent accumulation could spark a dramatic supply shock, propelling prices upward. Moreover, the anticipated approval of XRP spot ETFs by the SEC could open the floodgates for institutional capital, amplifying this effect. For a broader perspective on how XRP is leading market gains, see our recent coverage.

Current Price Action and Market Sentiment

Analyst CasiTrades has weighed in on XRP’s current market behavior, providing a technical perspective on its journey toward the $10,000 target. Despite recent market fluctuations, she argues that the price action remains fundamentally bullish. The key support level at $2.75, she says, is crucial, as it hovers above the previous high of $2.65, maintaining the broader uptrend.

CasiTrades points out that bullish divergences, visible from the 15-minute to the 4-hour charts, suggest that XRP’s recent low could mark the end of its corrective phase. Should XRP reclaim the $3.21 level decisively, it would signal the start of the next upward movement. If this scenario unfolds, the next target sits between $4.60 and $4.80. For more detailed predictions on XRP and other major cryptocurrencies, refer to our price predictions.

As of today, XRP trades around $3.05, enjoying a modest uptick of over 2% in the past day, based on CoinMarketCap data.

The Bigger Picture and Uncertainties

The road to $10,000 isn’t without its hurdles. While Ripple Queen’s prediction is ambitious, it raises questions about the sustainability of such growth. The crypto market is notoriously volatile, and unforeseen regulatory changes or technological disruptions could alter the landscape dramatically.

Additionally, while institutional interest is a positive signal, its impact remains speculative until more concrete moves materialize. The potential approval of XRP ETFs could indeed be a game-changer, but until it happens, it remains a point of contention.

In the ever-evolving crypto universe, predictions like Ripple Queen’s are both captivating and contentious. Whether XRP will reach such dizzying heights is yet to be seen, but the conversation it sparks is undeniably intriguing. The coming months will likely reveal more clues as to whether this prediction holds water—or if it’s merely another chapter in the speculative saga of cryptocurrency.

Source

This article is based on: XRP Price To $10,000 Programmed? Insane Prediction Forecasts Supply Shock

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