XRP Will Explode—and This Korean Expert Says He’ll Be ‘Laughing’

Source Newsbtc

A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP’s future price, stating the cryptocurrency could reach between $10 and $20 in the coming months.

The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend.

XRP Shows Unusual Strength Amid Crypto Slump

While XRP has dropped more than 5% over the past few weeks, this decline is significantly less severe than what other major cryptocurrencies have experienced.

According to the report, top cryptocurrencies like Ethereum have fallen by over 40% in the last three months. Similar sharp drops have hit 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.

Elliott Wave Analysis Points To Massive Gains

The analyst’s forecast is based greatly on Elliott Wave theory, a technical analysis technique which tries to predict market action by finding repeating wave patterns. On the basis of his recognition of a 5-wave pattern, XForceGlobal has consistently predicted that XRP will hit $20 to $40 this year or next.

Trillion-Dollar Valuation Projections Questioned By Critics

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.

CoinGlass: Trading Interest Grows Despite Market Uncertainty

In spite of the continued argument regarding the future of XRP, statistics by CoinGlass indicate increasing interest in the cryptocurrency.

Open interest on XRP trades has risen to $3.60 billion over the past few days, reports indicate. This increase indicates 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 is if XForceGlobal’s lofty predictions will materialize or become part of the long list of failed cryptocurrency price projections.

Featured image from Gemini Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum Price Forecast: ETH consolidates below $2,000 as Standard Chartered alters its prediction for 2025Ethereum (ETH) remained just below $2,000 in the Asian session on Tuesday as Standard Chartered's Global Head of Digital Assets Research, Geoffrey Kendrick, updated the bank's 2025 price forecast for ETH.
Author  FXStreet
Mar 18, Tue
Ethereum (ETH) remained just below $2,000 in the Asian session on Tuesday as Standard Chartered's Global Head of Digital Assets Research, Geoffrey Kendrick, updated the bank's 2025 price forecast for ETH.
placeholder
EUR/USD continues to pare brief tariff gainsOn Monday, EUR/USD dropped again, marking a second consecutive day of declines for Fiber and pushing bids down to the 1.0900 level. Following a short break, the US Dollar is back in control of risk-off flows, with weakening investor sentiment further strengthening the Greenback across the board.
Author  FXStreet
10 hours ago
On Monday, EUR/USD dropped again, marking a second consecutive day of declines for Fiber and pushing bids down to the 1.0900 level. Following a short break, the US Dollar is back in control of risk-off flows, with weakening investor sentiment further strengthening the Greenback across the board.
placeholder
GBP/USD extends backslide as safe haven trade resumesGBP/USD sank again on Monday, extending Cable into a second straight trading day of declines and pushing bids back down to the 200-day Exponential Moving Average (EMA) just north of 1.2700.
Author  FXStreet
10 hours ago
GBP/USD sank again on Monday, extending Cable into a second straight trading day of declines and pushing bids back down to the 200-day Exponential Moving Average (EMA) just north of 1.2700.
placeholder
Japanese Yen trades with positive bias against USD; seems poised to appreciate furtherThe Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's sharp retracement from the vicinity of the multi-month peak.
Author  FXStreet
9 hours ago
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's sharp retracement from the vicinity of the multi-month peak.
placeholder
Gold price moves away from multi-week low set on Monday; climbs to $3,000 markGold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day.
Author  FXStreet
5 hours ago
Gold price (XAU/USD) regains some positive traction during the Asian session on Tuesday and for now, seems to have snapped a three-day losing streak from a nearly four-week low, around the $2,957-2,956 area touched the previous day.
goTop
quote