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XRP On the Verge of Exploding? Charts Point to $10 Target Soon

by Drop Gorn
June 10, 2025
in Crypto, Finance, Opinion, Ripple XRP
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XRP On the Verge of Exploding? Charts Point to $10 Target Soon
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  • XRP is pushing hard against $2.35 resistance, with bullish indicators like a rebounding RSI and MACD flip suggesting a potential breakout toward $3.30—and possibly $10 if momentum surges.
  • The token has gained nearly 360% in the past year, finding strong support and forming a bullish price structure after its recent consolidation.
  • XRP’s fundamentals are strengthening, with Nasdaq index inclusion, new Web3 grants in Japan, and regulatory approval in Dubai boosting long-term investor confidence.

XRP

$XRP, launched in 2012, is a blockchain platform built to transform global financial transactions. Known for its rapid settlement times—averaging 3-5 seconds—and low energy usage, it positions itself as a fast, efficient, and scalable alternative to Bitcoin for cross-border payments.

Ripple XRP logo

Price Action

$XRP is currently trading around $2.29, giving it a market cap of $135.09 billion. Over the last year, it has seen impressive growth — rallying nearly 360% and reaching a high of $3.30 before pulling back with the broader market. And lately, after finding reliable support and consolidating, the token’s price structure has turned bullish again, hinting at a potential breakout on the horizon..

Ripple XRP price chart

Credit: CoinGecko

Price Predictions

Right now, $XRP is pressing against resistance at $2.30–$2.35. Looking ahead, analysts remain bullish, citing a third-wave divergence, a green-flipped MACD, and RSI rebounding from oversold. If $XRP closes above $2.35, momentum could accelerate fast. Targets include $3.30 short-term, with some calling for a potential run toward $10 in the coming months if volume surges and bullish momentum holds.

Ripple XRP price technical analysis

Market Sentiment and Developments

Sentiment surrounding XRP continues to improve, helped by steady ecosystem growth and fresh milestones. Most notably, $XRP was recently added to the Nasdaq Crypto Index — a move seen as a credibility boost. Additionally, Ripple Labs has partnered with Web3 Salon to launch a new grant initiative, offering up to $200,000 for Japanese Web3 startups building on the XRP Ledger. On the regulatory front, Ripple USD has also been officially recognized as a crypto token under Dubai’s DFSA regime.

Future Outlook

Looking ahead, XRP’s technical strength, growing institutional adoption, and expanding global presence position it as a token to watch closely in the months ahead — especially if that long-anticipated breakout materializes.

Tags: $XRPNasdaqrippleWeb3 SalonXRP Ledger
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