XRP to Hit Double Digits? Analyst Questions Investor Panic Selling

• Analyst Vandell Aljarrah expects XRP to hit double digits in 2025 despite recent selling pressure.
• XRP surged 11.32% to $3.4 before pulling back; current price is $2.46 with key support at $2.31.
• Analysts predict the cryptocurrency could reach $18-$23 long-term if bullish momentum and regulations align.

A well-known market analyst is baffled by investors offloading XRP, even as projections suggest a massive price surge this year. Vandell Aljarrah, co-founder of Black Swan Capitalist, remains confident that XRP will hit double digits in 2025. His surprise comes as the token faces selling pressure despite significant bullish signals.

On March 19, the cryptocurrency surged 11.32% after Ripple CEO Brad Garlinghouse announced that the U.S. SEC had withdrawn its appeal against the company. However, the rally was short-lived as XRP corrected the next day. Panic selling soon followed, keeping XRP below the crucial $2.5 mark.

“I Can’t Believe People Are Selling Now”

Market observers like investor Oscar Ramos have criticized these sell-offs, calling the sellers “paper hand whales.” Aljarrah echoed this sentiment, questioning why investors would exit at such a crucial moment. “I can’t believe people are selling now,” he stated. With the SEC case nearing its conclusion and the U.S. moving towards clearer crypto regulations, some see selling as a hasty move.

A community member suggested that some investors might be selling due to financial struggles. While Aljarrah acknowledged these challenges, he stressed that true investors must stay strong. His confidence stems from XRP’s history of rapid price jumps. Between November 2024 and January 2025, the cryptocurrency surged 580% from $0.5 to a seven-year high of $3.4 before a pullback.

This explosive growth reinforced optimism in its future. Aljarrah believes the token could reach double digits in 2025. Aljarrah, however, did not specify a price target. Other market figures, such as Bitcoin analyst Davinci Jeremie predict that it could soon surpass the $3 mark, with a long-term rally potentially driving prices up to $20. Similarly, analyst Dark Defender forecasts XRP reaching median levels between $18 and $23.

What’s Next for XRP?

XRP currently trades at $2.46, reflecting a 2.86% gain in the past 24 hours. Its price recently broke above its 100-day EMA at $2.31. If this support holds, XRP could rally toward its next resistance at $2.72.

Source: Trading View

 The RSI on the daily chart hovers at 52, close to the neutral 50 mark, suggesting traders remain uncertain. A push above 50 would signal stronger bullish momentum. Additionally, the MACD indicator showed a bullish crossover last week, hinting at a potential uptrend.

However, if it fails to sustain support at its 100-day EMA, it could slip further and retest its next support level at $1.96. While the short-term outlook remains uncertain, long-term projections remain bullish. With a strong historical performance and increasing regulatory clarity, analysts like Aljarrah see no reason to sell.

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