Analyst Shares How He Knows XRP Will Easily Breach $10+
How high XRP will perform in this cycle continues to be a subject of heated debate among market analysts.The discussion regained momentum after XRP hit a multi-month high of $2.65 yesterday. While some analysts are calling for conservative targets around $5, others believe even a $10 projection underestimates XRP's potential.Currently, new perspectives are emerging that argue for an easy $10 scenario based on XRPs growing dominance in the overall crypto market.Why XRP Will Easily Break $10 This CycleIn a tweet, widely followed market analyst DK64Trades claimed XRP could easily break into the double-digit price range by the end of this cycle. He shared this view after comparing XRPs current market dominance to its historical levels, particularly when it last reached peak value.He noted that in January 2018, when XRP traded at $3.84, its market dominance stood at approximately 31.33%. However, DK64Trades pointed out that when XRP reached $3.34 in January 2025, close to the 2018 all-time high, its market dominance was only around 5%.Given this significant gap in dominance despite similar price action, he projects a scenario where XRPs dominance could expand massively, similar to 2018, which could lead to a substantial increase in price.Specifically, he indicated that XRPs dominance had dropped sixfold from the previous peak. If the asset recovered this dominance, its market cap would sit at $1.04 trillion, considering the global crypto market cap currently around $3.33 trillion. Notably, this new valuation translates to a price of $17.8 for XRP. Other Analysts Views on XRP's Potential DominanceIn a separate commentary, Sistine Research also highlighted XRPs historical dominance to argue for its upside potential. Sistine Research projects XRPs dominance could rise from its current level of around 4% to between 12% and 32%. This outlook implies a possible 3x to 8x increase in XRPs price.
Text source: The Crypto Basic
