Sell XRP Right Now? Analysts Predict $10 Target as Price Struggles After SEC Victory

The cryptocurrency market is always known for its volatility, and XRP is no exception. Recently, XRP has become the center of attention due to significant price fluctuations and legal developments surrounding Ripple, the company behind this digital asset. On March 19, XRP soared an astonishing 11.32% following an announcement from Ripple's CEO, Brad Garlinghouse. He revealed that the Securities and Exchange Commission (SEC) had dropped its appeal against Ripple. This news immediately fueled optimism among investors, leading to a spike in trading activity. However, this excitement did not last long as the market soon corrected itself. By the next day, XRP had fallen below $2.50, causing many investors to panic and sell off their shares. Despite this fiasco, seasoned analysts and market experts believe the best is yet to come for XRP holders. Sell-off: A mistake is happening? While many investors are reacting to the price drop by selling their assets, some analysts argue that this may not be the best strategy. Vandell, a respected market analyst and co-founder of Black Swan Capitalist, believes that XRP is preparing for a significant price increase. He predicts that this digital asset will reach a double-digit price by the end of the year, emphasizing that the recent sell-off may be a missed opportunity for long-term gains. The conclusion of the Ripple-SEC lawsuit is expected to bring regulatory clarity, potentially marking a turning point for XRP. With a clearer legal standing, institutional investors may gain confidence in XRP, which could drive demand and push prices higher. Those who are patient may significantly benefit from these upcoming developments. Historical trends: Lessons from the past The past performance of XRP shows that this cryptocurrency has the potential to experience strong price rallies. In November 2024, XRP was trading at just $0.50, but within a few months, it surged to a seven-year high of $3.40 by mid-January 2025. This 580% increase was driven by a combination of macroeconomic trends, evolving regulations, and the increasing adoption of XRP's underlying technology. Analysts believe that similar factors are currently at play, setting the stage for another major price surge. The digital asset market is maturing, and clearer regulations are expected to further stabilize investor confidence. Can XRP reach double digits? Many industry experts believe that XRP will experience another significant price increase. Vandell has predicted a price target of at least $10 for XRP by the end of this year, while other analysts, such as Alex Clay and Matthew Dixon, are similarly optimistic. Some even speculate that XRP could reach highs of $13 or $18 in the near future. Currently, XRP is trading at around $2.40. To rise to $10, it needs to increase by about 300%, which is not beyond possibility considering past performance. If macroeconomic conditions, investor sentiment, and regulatory clarity play out favorably, XRP could witness unprecedented growth. Conclusion: A strategic moment for XRP investors The cryptocurrency market is inherently unpredictable, but recent history and the legal proceedings surrounding XRP suggest that this digital asset may be on the verge of another explosive price increase. Although short-term fluctuations may cause concern, long-term investors who weather the storm could see significant profits. As regulatory clarity improves and institutional acceptance increases, XRP may finally achieve the double-digit valuation that analysts have long predicted. For those considering whether to sell or hold, the bigger picture suggests that patience could be the key to unlocking significant profits.