thecryptobasic.com
XRP has set itself on a recovery path following the latest market collapse, as a resurgence of optimism leads to a sustenance of the HODL culture in anticipation of greater prices.
Despite XRP’s failure to achieve a significant price surge, XRP has demonstrated resilience by maintaining its position comfortably above the crucial psychological threshold at $0.60. Although the recent market downturn posed a threat to breaching this level, XRP exhibited noteworthy stability.
As the cryptocurrency strives to regain ground lost in recent days, investor confidence remains robust. Consequently, market stakeholders have maintained their positions in anticipation of ambitious price milestones, including targets set at $4 and $9.
Worth of 10K and 50K XRP at $4 or $9
Investors holding 10,000 XRP currently value their XRP at $6,221, based on XRP’s current price of $0.6221. Remarkably, if XRP were to reach $4, these 10,000 tokens would be valued at $40,000, and if it were to achieve a price of $9, the investment would amount to $90,000.
Individuals holding 50,000 XRP would experience significantly greater returns at these price milestones. Presently valued at $31,105, this XRP holding would surge to $200,000 if XRP hits $4 and soar to $450,000 if XRP attains the $9 target.
Worth of 100K and 500K XRP at $4 or $9
As holdings increase into the hundreds, the potential for larger returns becomes increasingly alluring. For instance, an investment in XRP consisting of 100,000 tokens, presently valued at $62,210, could skyrocket to $400,000 if XRP reaches $4 and could escalate even further to $900,000 if XRP achieves the $9 price target.
Likewise, an investment portfolio containing 500,000 XRP would experience a substantial increase in value, rising from the current $311,050 to a staggering $2 million if XRP reaches $4 per token. In addition, should XRP achieve the $9 price target, the value of this investment would surge even higher to $4.5 million.
Could XRP Hit $4 and $9?
While the allure of these price targets is undeniable, it’s essential to acknowledge that they are not guaranteed outcomes. However, market observers have speculated potential price surges to these levels.
For instance, analyst Crypto Bull forecasted last November that XRP could potentially reach the $4.2 mark, drawing from historical context as supporting evidence. In addition, a research paper from Valhill Capital asserted that XRP’s fair value ranges from a $9.81 low.
Analysts at crypto platform Changelly also expect XRP to reach $4, but they project this price target to materialize in 2029, five years from now. Moreover, Changelly analysts believe XRP’s path to $9 would be easier after the $4 price, predicting the token to hit $9 between 2030 and 2031.