XRP Rockets 20% to Set Record Highs, With $10 Price Target in Play
1“Long-term forecasts suggest $4.20–$10+ by 2030 if Ripple capitalizes on payment adoption,” one analyst said.
XRP zoomed more than 20% in the past 24 hours to hit $3.61 — its highest level in over six years — as institutional buyers and breakout traders piled in during a session marked by three massive volume surges.
The move followed weeks of accumulation near the $3 mark and came with price volatility nearing 20%, signaling strong conviction behind the rally.
Per CoinDesk Analytics, over 200 million XRP changed hands during each of the breakout windows at 05:00, 08:00, and 21:00 UTC, propelling the token past key resistance at $3.52–$3.53.
The $3.29–$3.30 zone served as a high-volume base throughout the session, with bulls repeatedly absorbing sell pressure and defending their ground.
“Short-term price targets range from $2.00–$2.17 on the downside to $2.65–$3.00 on the upside,” said Ryan Lee, Chief Analyst at Bitget.
“Long-term forecasts suggest $4.20–$10+ by 2030 if Ripple capitalizes on payment adoption, though $2.50 remains a pivotal level to watch for the next breakout or breakdown,” Lee added.
Lee noted that XRP’s medium-term trajectory could extend to $5.89, depending on ETF approvals and regulatory clarity. However, technical indicators remain mixed, with a neutral RSI and bearish MACD pointing to potential near-term consolidation.
Open interest in XRP derivatives topped $10 billion for the first time since 2021, while funding rates across major exchanges flipped positive, suggesting aggressive long positioning.
XRP has gained nearly 70% in the past 30 days, emerging as the strongest token among all majors. And it might just be getting started.
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
https://www.coindesk.com/markets/2025/07/18/xrp-rockets-20-to-set-record-highs-with-10-price-target-in-play
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