XRP Set For Big Rally Analyst Says Double Digits This Year

A well-known market analyst says some investors are giving up on XRP too soon, even though they predict a big price rise this year. Vandell Aljarrah, who helped start Black Swan Capitalist, cant believe the ongoing pressure to sell XRP, which has kept the cryptocurrency trading below $2.50.

In a statement on social media, Aljarrah spoke against the trend to sell and urged investors to stay strong, especially as the legal fight between Ripple and the SEC is about to end. He thinks the altcoin is set for big growth in 2025, with the chance to reach double-digit prices before the year ends.

XRP will reach double digits this year.
I cant believe people are selling now.
Vandell | Black Swan Capitalist (@vandell33) March 21, 2025

Ripples Legal Win Brings Hope

XRPs recent price changes have been driven by good news in Ripples ongoing legal fight with the US Securities and Exchange Commission (SEC). Earlier this month, Ripple CEO Brad Garlinghouse shared that the SEC had stopped its appeal against the company, a move that quickly lifted XRPs price by 10% on March 21.

However, the excitement didnt last, as XRP saw a drop the next day. The price fell back below $2.50, causing panic selling among some investors. Market watchers have criticized these sell-offs, with one commentator calling the sellers paper hand whales who cant wait out tough times.

they just love liquidating some $XRP fam. we cant go a bit higher without some paper hand whales selling.
anyways, more XRP for me. pic.twitter.com/dBP8txPx7h
Oscar Ramos (@realOscarRamos1) March 21, 2025

XRPs History Of Price Jumps

Despite the recent drops, XRP has a history of quick price jumps. Between November 2024 and mid-January 2025, the cryptocurrency soared by 550%, climbing from $0.50 to $3.40, its highest price in seven years. Even though the market corrected since, this performance has raised confidence in XRPs long-term potential.

Aljarrah is not alone in his positive view. Other analysts also made bold predictions for XRP. Alex Clay, for example, previously said that XRP would go up to $8 and then $10. Another analyst, EGRAG, shared these views recently, aiming for similar price targets.

Double-Digit Predictions Get Attention

The thought of XRP reaching double-digit prices is catching on among industry experts. Aljarrah suggested that the cryptocurrency could go beyond $10, maybe reaching as high as $13 or $18. These targets would need a big rise from XRPs current price of $2.42.

For XRP to reach $10, its value would have to go up by over 300%. To get to $13, it would need a 430% increase, while an $18 price would need a huge 640% rally. While these numbers seem big, some analysts think they are possible, especially if market conditions get better.

Investors Urged To Hold On

Reports say some XRP holders are selling because of financial issues. Aljarrah knows these challenges but asks investors to stay strong, stressing that patience is key to success in the long run. His words come as the crypto market deals with doubt amid bigger economic worries.

At the moment, XRP is trading at $2.41, down 1.20% in the last 24 hours. As the market keeps changing, analysts and investors alike will keep a close watch to see if XRP can hit its big targets in the coming months.

Featured image from Gemini Imagen, chart from TradingView

Text source: NewsBTC

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