- Analyst’s $9,500 XRP prediction sparks skepticism due to a required $549 trillion market cap.
- XRP must break $2.60 resistance to rally, but failure to hold $2 support could lead to a drop to $1.60.
A bold XRP price prediction has sparked debate in the crypto community, with an analyst claiming that holding 20,000 XRP could eventually be worth $190 million. This means XRP would have to surge to $9,500 per coin, a number that has raised eyebrows due to market cap implications.
Despite positive regulatory news and growing institutional adoption, XRP is still far from reaching its all-time high of $3.84. Some investors are optimistic about long-term gains, while others say that’s mathematically impossible.
XRP to $9,500 Despite Market Headwinds
Crypto analyst EGRAG has made a bold prediction, saying 20,000 XRP could be life-changing. According to his calculation, if XRP hits $9,500 per coin, 20,000 XRP would be worth $190 million. He says XRP’s long-term potential is being underestimated, especially compared to Bitcoin, which continues to dominate institutional investments.
In the Future hodling 20k #XRP will be around 190 Million Dollars. ONLY FEW 🧠 https://t.co/7KW4fqJALS
— EGRAG CRYPTO (@egragcrypto) February 24, 2025
Despite the prediction, XRP’s price tells a different story. The token is struggling to break past resistance levels and is currently trading at $2.24 while investors wait for a move back to previous highs. Critics have pointed out that XRP’s market cap would need to reach a staggering $549 trillion for the $9,500 target to be reached -5x the global GDP. Many have dismissed this prediction as unrealistic.
Skepticism Grows Over XRP Price Prediction of $9,500
The crypto community has pushed back against EGRAG’s bold prediction, pointing to XRP’s historical price struggles. Despite securing major partnerships and achieving regulatory clarity, the token has yet to reflect these advancements in its price. One investor highlighted that even after Ripple’s legal victories and strategic alliances, XRP remains well below its all-time high of $3.84.
While an XRP ETF approval or increased institutional adoption could drive future gains, analysts argue that a $9,500 price point is unrealistic. Some believe XRP could reach $10 or, in a highly bullish scenario, even $1,000, but anything beyond that would require unprecedented market conditions.
Technical Barriers and Market Risks Could Delay a Breakout
Despite the extreme price targets, analysts say XRP could still rally if it holds key levels. It’s testing major support and resistance zones right now. One analyst said if it breaks above the symmetrical resistance at $2.60, it could go to new highs. But XRP is at risk of a short-term pullback if selling pressure intensifies.
Ali Martinez, a well-known crypto analyst, said XRP could go to $1.60 if it can’t hold the $2 support level. On-chain data shows large holders have dumped over 370 million XRP in 4 days; the sentiment is shifting. This selling pressure combined with the increasing liquidations in the derivatives market means the price might be volatile before any big move.
XRP derivatives data shows the short-term risks. According to CoinGlass, there was $9.52 million in long liquidations in the last 24 hours. That means bulls are getting squeezed out of their positions and adding to the downside pressure.
Despite the speculation about an XRP ETF and institutional adoption, the market is still cautious. Also, the XRP Ledger (XRPL) is undergoing major upgrades , including the addition of smart features and an EVM sidechain to make it more programmable. These technical upgrades will increase the use cases of XRP and potentially drive long-term demand.
