XRP has once again taken center stage in the cryptocurrency market following a dramatic price surge and subsequent correction. After Ripple’s CEO, Brad Garlinghouse, announced on March 19th that the U.S. Securities and Exchange Commission (SEC) had dropped its appeal against Ripple, XRP soared 11.32%. However, the momentum quickly faded, with the price dipping below $2.50 the next day.
XRP’s Future: Hold or Sell?
Despite the volatility, prominent market analyst Vandell, co-founder of Black Swan Capitalist, remains bullish on XRP’s long-term prospects. He predicts that XRP will reach double digits by the end of the year and urges investors to hold their positions rather than sell during temporary downturns.
Why Selling Now Could Be a Mistake
With the Ripple-SEC lawsuit nearly resolved and regulatory clarity on the horizon, XRP’s fundamentals appear stronger than ever. Investors who panic-sold following the recent pullback may miss out on a significant upside. Historical price trends further support this outlook—XRP’s last major rally saw the price surge from $0.50 in November 2024 to a seven-year high of $3.40 by mid-January 2025, representing a 580% increase.
According to Vandell, this rally was driven by a mix of macroeconomic factors, regulatory shifts, and the increasing adoption of XRP’s underlying technology. If history repeats itself, patient investors could be rewarded handsomely.
Also Read: XRP Price Prediction: Could It Surge 12,000% Post-SEC Decision? Analyst
Can XRP Hit $10 or Higher?
Vandell’s forecast aligns with other bullish analysts, including Alex Clay and Matthew Dixon, who project XRP reaching anywhere between $8 and $10. Some even speculate that XRP could surge as high as $13 to $18 if favorable market conditions persist.
Currently trading around $2.40, XRP would need a 300% increase to hit $10, a target that, while ambitious, is not out of reach given past price action and the improving regulatory landscape.
Final Thoughts
With positive legal developments and growing market optimism, XRP’s future remains promising. While short-term traders may continue reacting to price swings, long-term holders could see substantial gains if XRP reaches its projected double-digit targets.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
