XRP Predicted to Surge 370% to $10 by Korean Analyst

XForceGlobal, a Korean financial analyst, has made a bold prediction about the future price of XRP, stating that the cryptocurrency could reach between $10 and $20 in the coming months. This prediction comes at a time when XRP is currently trading at $2.07, and the broader cryptocurrency market is experiencing a prolonged downtrend.

Despite the overall market slump, XRP has shown relative stability. While it has dropped more than 5% over the past few weeks, this decline is less severe compared to other major cryptocurrencies. For instance, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months, with similar sharp drops affecting other popular coins such as Solana and Dogecoin. XForceGlobal, who describes himself as a Certified Elliott Wave Analyst, pointed out that XRP has maintained its position above recent lows while competing cryptocurrencies have plummeted between 45% and 65% from their peaks. This relative stability forms the foundation of his optimistic outlook.

The analyst’s forecast is based on Elliott Wave theory, a technical analysis technique that tries to predict market action by finding repeating wave patterns. According to his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next. However, many market observers remain skeptical of such ambitious price targets. For XRP to reach $10, it would need to surge over 370% from its current price. A move to $20 would require an even more dramatic 850% increase. At such prices, XRP’s market capitalization would be around $1 trillion at the $10 level and $2 trillion at $20. Such valuations would be a first for an alternative currency and are the reasons why many analysts believe such forecasts are unrealistic, at least in the short term.

In spite of the continued argument regarding the future of XRP, statistics indicate increasing interest in the cryptocurrency. Open interest on XRP trades has risen to $3.60 billion over the past few days, indicating that traders are opening positions in the asset irrespective of the direction of the market. When asked for the timeline of his price forecast, XForceGlobal was not as definite, indicating that it may take a while before XRP gets to the forecasted $10-20 mark. Nevertheless, the analyst was confident enough with his technical analysis to assert he would “be laughing at everyone” who are skeptical about XRP’s ability to hit these price levels.

With XRP’s year-to-date gains dwindling to mere 0.80%, wiping out all gains since the beginning of 2025, the question remains whether XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections. The analyst’s confidence in his technical analysis and the relative stability of XRP compared to other cryptocurrencies provide a basis for his optimistic outlook. However, the skepticism from market observers and the unprecedented valuations required for XRP to reach the predicted prices add layers of uncertainty to the forecast. Only time will tell if XForceGlobal’s predictions will come to fruition or if they will be dismissed as another failed cryptocurrency price projection.