Analysts suggest that the price of XRP, currently sitting around $1.40, is undervalued. Although cryptocurrency up more than $3 last yearfailed to reach the highest level and since then he experienced a great decline as its technical structure weakens. Despite this, analysts maintain a strong bullish opinion, saying that even the valuation of $10 is too low for cryptocurrency. At the same time, some experts highlight the growing factors that could help XRP break free from its current pressure and potentially reach higher levels.
What XRP’s Fair Value Really Looks Like
Bird, the developer of the XRP Ledger (XRPL), took to X on Wednesday, March 25, to current his new idea for XRP. First, the analyst pointed out the difference between the current price of XRP and what he believes it should be its true value.
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Bird made it clear that “XRP is a $100+ token trading for $1.40.” The developer’s statement suggests a strong belief that the current price of the cryptocurrency does not reflect its potential for ease of use. His thinking is probably focused on that XRP’s role in the global payments ecosystemespecially its use by financial institutions in carrying out cross-border operations.
Unlike most cryptocurrencies that derive value primarily from speculation and hype, XRP is positioned as the active layer of bank payments and payment providers worldwide. Proponents of the cryptocurrency have long argued that the price of XRP could rise due to the demand and liquidity that could arise from its underlying use.
Looking at Bird’s statement from another angle, the gap between $1.40 and $100 may also represent one of the most compelling opportunities in the current crypto market. He closed his post by telling his followers that “you know what to do,” hinting that now might be the right time to stock up on XRP at its current price. In response, some members of the community bravely announced that they will continue to buy XRP, which emphasizes their strong confidence in the cryptocurrency’s ability to reach $100.
XRP Price Remains Depressed
Luke Suthers, a well-known XRP advocate, too shared his bullish thesis on cryptocurrency value. At this time, he points out several catalysts are developing that could propel the altcoin higher than a certain price.
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Suthers noted that The price of XRP is currently under pressure. He stressed that although banks and institutions are hoarding the cryptocurrency behind the scenes, XRP is still trading around $1.40. At the same time, the analyst also noted that Ripple, a crypto payment company, is actively expanding rails and getting more companys to strengthen its ecosystem.
Based on these advanced developments, Suthers concludes that The price of XRP is undervaluedargues that it does not reveal its true value. He pointed out that the big players are already positioning themselves ahead of the expected market change and the wave of liquidity. Suthers warns investors not to be left behind, urging them to consider strategic planning.
Featured image from Freepik, chart from Tradingview.com
