XRP News Today: XRP Analyst Predicts $10,000 Price Target Driven by Supply Dynamics and Regulatory Shifts

A bold prediction from crypto analyst Ripple Queen has sparked widespread discussion, suggesting the XRP price could eventually reach $10,000, driven by a combination of limited supply, growing utility, and favorable regulatory developments [1]. In a post on X, she asserted that the mathematical model of XRP's supply and demand dynamics already supports such a price target, describing it as "locked in." Ripple Queen emphasized that the altcoin is already seeing increasing adoption worldwide, and the regulatory environment is evolving in a way that favors the cryptocurrency sector [1].

The analyst also pointed out that the recently proposed GENIUS Act could further support Ripple’s expansion, potentially enhancing XRP’s role as a key asset within the company’s financial infrastructure. Ripple CTO David Schwartz has previously stated that XRP will remain central to the company’s payment solutions, acting as a bridge currency. Ripple Queen added that regulatory clarity is likely to boost institutional interest in XRP, with banks and institutional investors quietly accumulating the asset in anticipation of future developments [1].

Institutional adoption is expected to gain even more momentum if the SEC approves XRP spot ETFs. Bloomberg analysts Eric Balchunas and James Seyffart have estimated a 95% chance of approval for these funds, which would likely trigger a significant influx of capital into the XRP ecosystem [1]. This development is seen as a major catalyst for increased demand and potential price appreciation.

Meanwhile, technical analysis from crypto analyst CasiTrades suggests that the recent correction in XRP has not yet invalidated the long-term uptrend. The price has remained above key support levels, including the wave 1 high around $2.65, and bullish divergences are emerging on timeframes ranging from 15 minutes to 4 hours. These patterns indicate that $2.75 could serve as a potential bottom for the current corrective phase [1].

CasiTrades further noted that a successful retest of the $3.21 level and a strong break above it would signal the end of the correction and the start of a new upward movement. If this scenario unfolds, the next target zone for XRP could be between $4.60 and $4.80 [1]. As of the latest data, XRP was trading around $3.05, with a more than 2% gain in the last 24 hours according to CoinMarketCap [1].

The current trajectory of XRP appears to align with the analyst's predictions, with both fundamental and technical indicators pointing to potential for growth. While the $10,000 price target is ambitious, the evolving regulatory environment and increasing institutional interest provide a plausible pathway for such a scenario [1].

Source: [1] XRP Price To $10,000 Programmed? Insane Prediction Forecasts Supply Shock (https://www.newsbtc.com/analysis/xrp/xrp-price-to-10000-programmed/)