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‘I Can’t Believe People Are Selling Now,’ Macro Analyst Says XRP Will Hit Double Digits This Year
March 23, 2025
A prominent market commentator has insisted that XRP will reach a double-digit price this year, questioning why people are selling now. This disclosure came from Vandell Aljarrah, co-founder of investment resource Black Swan Capitalist, when XRP is still observing a turbulent phase due to the broader market uncertainty amid macroeconomic concerns. After spiking 11.32% on March 19 on the back of Ripple CEO Brad Garlinghouse’s announcement that the U.S. SEC had dropped its appeal against the company, XRP saw a correction the following day.
“I Can’t Believe People Are Selling Now”
This led to a wave of panic selling that has sustained the selling pressure, keeping XRP below the $2.5 mark. Investor Oscar Ramos called attention to this trend, bemoaning the selloffs by individuals he termed “paper hand whales.” As panic selling ensued, Aljarrah took to X this morning to question the rationale behind this move. “I can’t believe people are selling now,” he remarked. Notably, with the Ripple vs. SEC lawsuit on the verge of conclusion and the U.S. entering a new phase of regulatory clarity, selling XRP now seems ill-advised.
A community member suggested that some investors currently selling might be doing this due to financial constraints. In response, Aljarrah acknowledged that these can be tough times but insisted that investors who wish to succeed must be tough during this period. Aljarrah has maintained this sentiment, especially considering how XRP demonstrated its potential for rapid upward thrusts from November 2024 to mid-January 2025. Within this period, XRP skyrocketed 580% from $0.5 to reach a seven-year peak of $3.4 before correcting.
XRP to Double Digits This Year?
This impressive performance has bolstered confidence in the asset’s ability to reach greater heights. Aljarrah is particularly optimistic. According to him, XRP will likely hit double digits this year, 2025. Notably, at the current price, even the least double-digit price at $10 would demand a massive run. Last December, market analyst Alex Clay asserted that XRP was still on track to reach higher prices, pointing to its “strong macro chart.” At the time, XRP changed hands at $2.12, but Clay suggested that the altcoin would skyrocket to the $8 level and then to the $10 mark. Last August, market watcher EGRAG also predicted a $10 price.
However, Aljarrah’s disclosure does not specifically mention a $10 price. The market commentator could be eyeing bigger targets, such as $13 or even $18. He wouldn’t be the first, as others, such as Evai CEO Matthew Dixon, have also projected XRP to hit $13. In October 2023, Dark Defender also predicted a run to $18. Notably, XRP trades for $2.42, down 1.22% over the past 24 hours. The asset must rally 313% to hit $10 and by a more substantial 437% to claim $13. Further, a rally to $18 would demand a massive 643% increase from the current price. While these targets are well within reach, it remains to be seen if XRP can claim them.
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