Ripple XRP Set to Surge to $10 Amidst 7-Year Accumulation: Analysts Predict Bullish Trajectory

Despite legal battles and market fluctuations, XRP anticipates a substantial upturn after seven years of accumulation, with analysts projecting a significant surge to $10, backed by historical patterns and market indicators.

Amidst the ebbs and flows of the market and Ripple ongoing legal tussles, XRP appears primed for a remarkable turnaround. Analysts foresee a substantial price surge following nearly a decade of accumulation.

Cryptocurrency analyst ‘U-Copy’ recently tweeted about XRP nearing the final stages of forming a triangle pattern, signaling the culmination of a seven-year accumulation phase from 2018 to 2024. This extended period of accumulation is expected to unveil XRP true potential during the forthcoming 2024 bull cycle.

Drawing parallels to historical trends, U-Copy highlighted XRP exponential surge from approximately $0.005 to $2.5 after the completion of the 2013-2017 accumulation phase. Anticipating a similar trajectory, albeit amplified due to the longer accumulation period, U-Copy predicts a substantial upward movement in XRP price by the year’s end.

Echoing this optimism, analyst Armando Pantoja outlined a timeline for XRP ascent, citing key catalysts such as the initiation of a crypto bull run in late 2025, potential regulatory easing, an XRP ETF announcement, and anticipated interest rate cuts in early 2025.

Pantoja envisions XRP bullish journey commencing around $0.75 and progressing to $10 by the fourth quarter of 2025 to the first quarter of 2026, signaling growing confidence in XRP future trajectory.

Moreover, recent reports from crypto analytics firm Santiment highlight a surge in dormant tokens moving on the XRP Ledger, potentially indicating interest from key stakeholders amidst mild price climbs since the May 1 spike. Additionally, increasing open interest in exchanges further bolsters the optimism surrounding XRP potential.

According to CoinMarketCap data, XRP was trading at $0.50 at the time of this report, reflecting a 1.41% surge over the past 24 hours.

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