Market Analyst Reveals Why Investors Will Regret Selling XRP At $10

XRP
is
one
of
the
cryptocurrencies
that
has
persevered
in
the
market
and
managed
to
retain
a
strong
following
despite
performing
poorly
in
the
last
few
years.
The
legal
battle
between

Ripple
and
the
United
States
Securities
and
Exchange
Commission
(SEC),
which
is
the
major
culprit
behind
this
poor
performance,
has
yet
to
end.
However,

this
has
not
deterred
the
bullish
sentiment
among
investors,
who
still
believe
that
the
altcoin’s
price
is
destined
for
double
digits.

Market
Expert
Says
Selling
XRP
At
$10
Is
A
Bad
Idea

Although
the
XRP
price
is
still
trending
at
around
$0.5
right
now,
the
expectations
that

the
altcoin
will
see
a
monumental
surge
are
still
high.
One
of
those
who
believes
that
this
will
happen
is
James
Jay,
an
XRP
community
member
and
the
host
of
the
Crypto4Life
YouTube
channel.

In
a
recent

video,
Jay
revealed
his
expectations
for
the
XRP
price,
saying
that
he
expected
it
to
eventually
cross
$10.
However,
the
prediction
was
not
the
most
interesting
thing
that
came
out
of
the
video
but
rather
the
advice
the
host
gave
to
investors.

Jay
explains
that
he
understands
that

the
XRP
price
going
to
$10
from
here
would
be
life-changing
for
a
lot
of
people.
But
he
still
encourages
them
not
to
sell
at
that
price.
According
to
the
analyst,

XRP
investors
will
end
up
regretting
selling
their
tokens
at
that
price
because
he
expects
it
to
go
much
higher.

The
analyst
points
to
a
Valhill
Capital
estimate
for
the
future
value
of

XRP
tokens,
which
came
in
an
extremely
wide
range
of
$9.81
and
$513,000.
However,
Jay
is
undeterred
by
this
wide
margin
and
explains
that
even
if
the
estimates
end
up
being
only
1%
right,
it
would
still
put
the
price
in
the
ballpark
of
even
$100.

To
put
this
in
perspective,
a
$100
price
target
from
here
is
a
20,000%
increase
or
a
200x
increase.
This
would
mean
that
the

XRP
market
cap
would
be
in
the
trillions,
a
feat
which
has
only
be
achieved
by
Bitcoin,
the
pioneer
cryptocurrency,
so
far.

Nevertheless,
Jay
encourages
investors
to
look
beyond
the
quick
gains
and
have
“a
solid
plan”
so
they
can
make
the
most
returns
on
their
investments.
“You
should
have
strategic
levels
of
where
you’re
cashing
out
and
I
wouldn’t
go
all
out
at
a
certain
dollar,”
the
YouTuber
stated.

Jay
is
not
the
only
one
that
sees
the
XRP
price
crossing
$10
and
even
rising
to
triple-digits.
Crypto
analyst
and
community
member
JackTheRippler
has
said
that
he

expects
the
altcoin’s
price
to
cross
$100
once
the

Ripple
vs.
SEC
case
is
over.
Another
analyst
BarriC
also

revealed
that
they
expect
the
altcoin
to
reach
$100
in
less
than
10
years.

Chart
from
Tradingview.com