XRP price ‘liftoff’ to $10 will take time, traders say

Despite recent positive legal developments for Ripple Labs in its protracted dispute with the U.S. SEC, the anticipated exponential ‘liftoff’ of XRP toward the ambitious $10 mark will likely be a prolonged process, according to analysis from leading crypto traders. While long-term holders remain intensely bullish, citing XRP’s utility in cross-border payments and potential ISO 20022 integration, analysts caution that the journey involves navigating significant technical resistance levels and requires massive capital inflow. Current price action suggests XRP is in a sustained accumulation phase, necessitating patience from investors. Breaking through key historical resistance zones, particularly around the $0.80 and $1.00 psychological barriers, is crucial before attempting multi-dollar climbs. Traders emphasize that sustained macroeconomic stability and widespread institutional adoption, rather than solely legal clarity, are the necessary ingredients for the kind of market injection required to push XRP’s market capitalization high enough to sustain a $10 valuation. They advise investors to maintain a long-term perspective, noting that such large percentage gains typically unfold over several market cycles, not instantaneously upon a single positive ruling.

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