Crypto analyst Edo Farina, founder of Alpha Lions Academy, has unveiled a strategy that could yield over 12,000% in profits for traders who purchase XRP at just $2.40. His insights come as Ripple experiences a wave of bullish momentum, fueled by the conclusion of its SEC lawsuit and growing anticipation of regulatory approval for a spot ETF.
Crypto Expert Unveils Path to 12,000% XRP Profit at $2.40
In a recent post on X, Edo Farina revealed a strategy for crypto traders to potentially secure a staggering 12,000% return on XRP over the next decade. According to Farina, an investor who buys XRP at $2.40 could witness phenomenal gains if the token’s price skyrockets to $300 within ten years.
For instance, a trader earning $80,000 annually who invests $44,000 at this price point would acquire 18,000 XRP tokens. If they hold their investment for a decade and XRP reaches $300, their holdings would soar to an impressive $5.4 million.
“That means, by setting aside $3,600 per month for just one year, you could secure nearly 69 years’ worth of salary,” Farina emphasized.
His analysis positions XRP as a strong long-term contender for exponential gains. But the question remains—can XRP truly hit the $300 mark?
Can XRP Reach $300 in the Next Decade?
A $300 price target for XRP over the next ten years may seem ambitious, but several key factors suggest it could be achievable despite current market volatility.
One major catalyst is Ripple’s newfound regulatory clarity following the SEC’s decision to drop its long-standing lawsuit. According to senior crypto analysts, a leading analyst predicts that XRP could surpass Bitcoin and Ethereum in dominance now that this legal battle is over—potentially paving the way for a $300 price point within a decade.
Another significant factor is the growing likelihood of a spot XRP ETF. Market expert Nate Geraci believes that with the lawsuit resolved, the SEC may be more inclined to approve such investment products, further driving institutional interest in XRP.
Additionally, former U.S. President Donald Trump recently launched a digital asset stockpile that includes XRP, a move that could boost confidence in the token’s long-term value.
Ripple’s expanding partnerships also strengthen its market position. A recent collaboration with Chipper Cash aims to enhance crypto payments across Africa, reinforcing XRP’s real-world utility and increasing investor optimism.
With these bullish developments, could XRP truly reach $300? Only time will tell.
Can XRP Hold the Critical $1.90 Support Level?
At press time, XRP is trading at $2.23, experiencing a notable 4.82% decline over the past 24 hours. This drop is largely driven by intense selling pressure, which has pushed the Relative Strength Index (RSI) down to 24—an oversold territory.
Interestingly, such an extreme RSI level could signal a potential rebound. The last time XRP’s RSI dipped this low, the price surged by over 50%, jumping from $1.98 to $2.99. If history repeats itself, XRP could rally toward $3.34 in the short term.
However, downside risks remain. A prominent analyst has warned that if XRP fails to sustain support above $1.90, a deeper correction could be on the horizon, potentially driving prices down to $1. If selling pressure intensifies, traders may need to prepare for further losses.