Will XRP Ever Reach $10?
XRP (CRYPTO: XRP) is still just a $2 crypto, but hope springs eternal in the crypto market. So will XRP ever reach $10? The answer is "yes," but it will likely take several years before it happens.
Obviously, a lot needs to go right for XRP to quintuple in price. However, back in April, cryptocurrency exchange Bitget set a $10 price target for XRP. So it's definitely within the range of possibilities. As I'll outline below, XRP has several key catalysts to make it happen.
The first major catalyst is what Bitget refers to as "regularity clarity." Quite simply, the U.S. Securities and Exchange Commission (SEC) is dropping its long-running case against Ripple, the company that launched the XRP token. That SEC case has been hanging over Ripple and XRP since December 2020.
Source Fool.com
