Here’s When XRP Could Reach $10 if It Rises by Only 10% Per Month
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Numerous market commentators have speculated on the potential for XRP to break into the double-digit range this season.
Optimism about this prospect gained momentum after XRP staged a spectacular price run at the tail end of 2024, with its market cap expanding sixfold. While bearish momentum has taken hold of the XRP market ever since, the optimism has not subsided.
Amid this, The Crypto Basic analyzes how long it could take for XRP to reach $10 if it maintains a steady 10% price growth each month.
Timeline for XRP to Reach $10 with 10% Monthly Gain
At press time, XRP is trading at $2.14. Its growth over the past month shows a flat trajectory with a 0.45% negative growth.
Meanwhile, from the current position, should XRP see a 10% gain by next month, the price would increase to $2.354. In the following month, XRP’s price would be $2.5894 after a consistent 10% growth. Notably, by the fourth month of steady 10% growth, XRP would have reached the $3.133 mark.
To expedite the process of estimating how long it would take XRP to reach $10 with regular monthly 10% growth, we can apply a mathematical formula for compound growth. Notably, The Crypto Basic used this formula through OpenAI’s ChatGPT.
The chatbot found that it could take XRP approximately 16.2 months to reach a $10 price if it rises by 10% every month. Specifically, this would occur in August 2026.
Other Expert Predictions for When XRP Might Hit $10
Interestingly, this timeline aligns with the predictions of analysts at the forecast platform Telegaon.
In a recently updated analysis, they argued that XRP would trade at a minimum price of $6.94 by 2026, with an average price of $8.53 and a maximum of $10.18. Notably, Telegaon analysts also predict XRP will trade at a minimum of $10 by 2027.
On the other hand, analysts at the Changelly Exchange project that XRP might take a bit longer to reach $10. Specifically, they foresee a timeline extending into 2028.
While the prospect of XRP growing by 10% to reach $10 by next year is exciting, it is worth noting that this is speculative, and XRP may not maintain the uptrend. Its price could dip along the way, potentially extending the timeline for reaching $10.
23h ago•
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