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Buying XRP at $1, $1.50, or $2, and Returns if XRP Reaches $10
Investors who have bought XRP at various prices since December 2024 could see impressive returns if XRP eventually reaches the $10 price target.
Key Points
The XRP to $10 Projection
Notably, one target that has made the rounds within the XRP community is the $10 price. For instance, last June, market watcher CryptoBull argued that market participants who dumped XRP out of frustration with its range-bound movement at the time would “all come back” when XRP claims $10, expressing confidence in the $10 target.
Just two months back, Cryptollica segmented XRP’s historical price trends into four phases. According to him, XRP was still trading within a bearish Phase 3, and Phase 4 could emerge with bullish momentum, eventually taking prices to $10. Meanwhile, as far back as January 2024, The Crypto Basic called attention to projections from three separate analysts that XRP could hit $10.
With XRP currently changing hands at $1.57, a rally to $10 would demand a 576% increase from the current position. While this would require incredibly bullish momentum to achieve, XRP has already demonstrated its ability to engineer sharp rallies within short periods. For instance, after the November 2024 election, it spiked 580% from $0.5 to $3.4 by January 2025.
Your Profit if XRP Hits $10
If XRP does clinch the $10 milestone, investors who entered the market after the November 2024 rally could finally see some reasonable gains. For context, some of these investors procured XRP at the $1, $1.5, and $2 prices. To put things into perspective, anyone who bought 10,000 XRP at $1 spent $10,000; those who bought the same at $1.5 spent $15,000; and purchasing at the $2 mark required $20,000.
If XRP claimed $10, the worth of the 10,000 XRP tokens would soar to $100,000, yielding varying profits for investors. Specifically, those who spent $10,000 to buy 10,000 XRP at $1 would be sitting on $90,000 in profit. Investors who spent $15,000 at $1.5 would see $85,000, while the individuals who bought XRP at $2 would record $80,000 in profits.
Notably, this aligns with sentiments held by market analyst EGRAG. According to him, with XRP on track to reach higher prices, it won’t matter if investors buy the token at $1, $2, or even $3 today, as they could see reasonable profits regardless. However, it is important to note that an XRP run to $10 or any other higher price is not a guarantee. As a result, investors should not see this as investment advice.