Analyst Predicts XRP Value Will Settle at $1,000, Calling It ‘Extremely Priced’

Despite recent stagnant price movements, numerous cryptocurrency analysts have suggested through various evaluations that XRP is positioned for a significant parabolic increase. This optimism has gained traction due to its performance in the final quarter of 2024, leading to a peak of $3.34 in January 2025.

Even though XRP has retraced from this peak, this hasn’t dampened ambitious long-term forecasts. A notable projection from a cryptocurrency analyst anticipates that the altcoin will soon enter double-digit territory, potentially stabilizing around $1,000, thus becoming one of the highest-valued digital assets globally.

Analyst Forecasts Altcoin Surge to $10-$20 Before Bear Market

Crypto commentator BarriC outlined a future price forecast for XRP on the X platform, predicting an imminent surge. BarriC challenges the notion that the current price range below $3 indicates failure, instead framing this period as an accumulation phase before a substantial breakout.

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The analyst suggests that XRP could rise to between $10 and $20 in the upcoming months. Such a movement would likely coincide with heightened trading volumes and activity surrounding XRP, especially if the cryptocurrency achieves widespread utility and adoption among banks or if a Spot XRP ETF is introduced. BarriC believes this surge will occur during the concluding stages of the current altcoin season.

After this anticipated rise, he forecasts a substantial market correction, reminiscent of earlier cycles, bringing XRP back to the $5-$10 range. Historical cycles, dating back to 2016, have typically ended with a sharp 50% market drop. Should that pattern repeat, the next cycle’s lower boundary may rest between $5 and $10. BarriC asserts that this downturn will be the last opportunity to acquire XRP at a lower price before it transitions into a fundamentally altered state.

Bank and Institutional Adoption Could Lock XRP at $1,000

The core of BarriC’s prognosis hinges on the mass institutional uptake of XRP by banks. He highlights that once the asset is extensively incorporated into the routine functions of financial institutions, the price of XRP could stabilize at $1,000. As trillions of dollars flow regularly through the XRP Ledger, volatility and bear market phases would likely cease.

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BarriC believes that in such a scenario, the altcoin would maintain a $1,000 price point, serving not as a transient peak, but rather as a structural floor. Future investors might find it necessary to purchase fractions of an XRP, similar to the current situation with Bitcoin.

At the moment, XRP is trading at $2.30, reflecting a decline of 2.35% in the last 24 hours, having experienced a steady decrease from $2.62 over the past week.