An interesting story with XRP is unfolding right now. More than a year and a half ago, everyone was saying that the coin would never rise above a dollar, and now analysts are already discussing double-digit values and a target of $10. What a turn of events.

I remember in November 2024 when XRP finally broke the $1 mark, and then rose even higher by $3 in January. It seemed like just the beginning. But then came a correction — it dropped to $1.11 in early April after Bitcoin crashed to $60 thousand. It lost about 70% from its maximum, which was around $3.65. Currently, the price fluctuates around $1.40–$1.42 according to the latest data.

What’s interesting is that many see this decline simply as accumulation before the next rise. CryptoBull and other analysts point to the formation of a bottom in the $1.20–$1.30 range, after which a breakout to $4 or even higher could occur. Some talk about $7, others more boldly about $10. ExtraVOD calls this market exhaustion, when panic selling is done by the last uncertain players.

Zach Rector warns that there might be another test of the $1 level, but advises not to wait for an ideal bottom — better to take a position slightly higher and not miss the turn. Jesus Martinez reminds us of a historical pattern: people always regret not buying earlier. Maybe this is another such moment.

Basically, bulls see the current range as an accumulation phase after a strong decline, while cautious traders are still waiting for confirmation before entering. Sentiment is shifting from fear to cautious optimism — historically, this has preceded XRP’s strongest rallies.