Ripple (XRP) is still witnessing a wave of bullish momentum, a rare feat as bearish sentiment continues to dominate the cryptocurrency market in general. In this process, Ripple is also witnessing sharp support as XRP longs continue to increase amid the ongoing bearish momentum. Moreover, XRP’s open interest is also spiking, which in turn is pushing experts to predict a staggering $5 to $10 future price target for XRP.
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XRP Longs Are Piling
In a new update shared by cryptocurrency expert CW on X, XRP longs are rising rapidly, as investors continue to believe in XRP’s long-term growth. In addition to this, XRP’s open interest is also surging, indicative of growing liquidity entering into the XRP ecosystem. Such developments amid the current bearish market environment are bullish for XRP, as they highlight the steady progress that the asset has been making despite mounting pressure.
The current rapid XRP accumulation is also hinting at a possible Ripple price recovery, which is making analysts bullish concerning the asset. Despite the ongoing market weakness and slow momentum, analysts believe XRP has the power and mettle to hit the $5 to $10 price mark in the future. In addition to this, XRP ETF inflows are also steadily increasing, attesting to its long-term growth and commitment at present.
XRP Price: $10 When?
According to CoinCodex Ripple stats, the XRP price may jump to $10 around 2050.
“XRP is forecasted to hit $ 1.68 by the end of 2026 (+21.48% compared to current rates), $ 5.44 by 2030 (+293.46%), $ 8.12 by 2040 (+487.05%), and $ 13.22 by 2050 (+856.27%). All values represent end-of-year price estimates according to our models.”
However, these prices are subject to change per market expectations. With the Clarity Act under works, the passing of this bill can be a gamechanger for the asset, as new regulatory clarity may end up bolstering XRP’s presence, bringing it closer to its $5 to $10 price target sooner rather than later.
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