XRP At $10 Is Too Low? Analysts Share Where The Price Should Be

Analysts suggest that the XRP price, currently sitting near $1.40, is undervalued. Although the cryptocurrency rose above $3 last year, it failed to reach a new all-time high and has since faced a major downturn as its technical structure weakened. Despite this, analysts maintain a strong bullish outlook, arguing that even a $10 valuation is too low for the cryptocurrency. At the same time, other experts are highlighting developing factors that could help XRP break free from its current suppression and potentially reach higher levels. What XRP’s Fair Value Really Looks Like Bird, an XRP Ledger (XRPL) developer, took to X on Wednesday, March 25, to present his new bullish outlook for XRP. Firstly, the analyst highlighted the discrepancy between XRP’s current price and what he believes should be its true value. Related Reading: XRP Pundit Shares Why You Shouldn’t Get Tricked By The Price Rebound Bird stated plainly that “XRP is a $100+ token trading at $1.40.” The developer’s statement s