{"id":39169,"date":"2026-03-26T09:30:29","date_gmt":"2026-03-26T09:30:29","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=39169"},"modified":"2026-03-26T09:30:29","modified_gmt":"2026-03-26T09:30:29","slug":"bitrue-says-xrp-should-already-be-at-10-traders-are-betting-it-gets-there","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=39169","title":{"rendered":"Bitrue Says XRP Should Already Be At $10, Traders Are Betting It Gets There"},"content":{"rendered":"

Crypto exchange Bitrue made a bold claim Tuesday: XRP<\/a> is trading at a fraction of where it belongs. With the coin sitting around $1.42, Bitrue put the fair value at $10 \u2014 more than seven times its current price and a market cap that would top $610 billion.<\/p>\n

Derivatives Data Tells A Different Story Than The Price Chart<\/h2>\n

The numbers in the futures market are raising eyebrows. XRP\u2019s open interest climbed to $2.60 billion, a 7% jump in a single day, according to data<\/a> from CoinGlass. That kind of move during a price dip signals something specific: traders are opening new positions, and those positions are leaning long.<\/p>\n

\n

Although the price of $XRP<\/a> is falling, there is no increase in short positions.<\/p>\n

On the contrary, long positions are increasing slightly. There is no downside pressure in the $XRP<\/a> futures market.<\/p>\n

In addition, an increase in OI indicates a desire to buy long positions at low\u2026 pic.twitter.com\/F8wnhWKUsO<\/a><\/p>\n

\u2014 CW (@CW8900) March 24, 2026\u00a0<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Analysts flagged the pattern. Short positions have not been piling up the way they typically do when a market turns bearish. Instead, traders appear to be buying into the weakness, a sign that many expect a price recovery rather than a continued slide.<\/p>\n

XRP dropped nearly 4% over the past week. But the futures market is not behaving like one bracing for more pain.<\/p>\n

\n

#XRP<\/a> should be $10 https:\/\/t.co\/YxP3OSiom0<\/a><\/p>\n

\u2014 Bitrue (@BitrueOfficial) March 25, 2026<\/a><\/p>\n<\/blockquote>\n

What The Charts Say About Possible Downside<\/h2>\n

Not every analyst is calling a bottom. A separate technical analysis flagged XRP as potentially still inside a corrective pattern \u2014 what Elliott Wave traders call a Wave 2\/5 retracement. Under that reading, the price could briefly push toward $1.51 before pulling back more sharply.<\/p>\n

Key downside levels being watched include $1.12, where a double-bottom formation could take shape, and $0.87, which many traders regard as a strong long-term accumulation zone. Reports indicate some see the current price action as a late-stage shakeout \u2014 a test of conviction before a larger move upward.<\/p>\n

That tension is sitting at the center of XRP\u2019s current moment. The short-term and long-term pictures are not telling the same story.<\/p>\n

\"\"
\nXRP: Long-Term Targets Remain In Play Despite Recent Weakness<\/p>\n

Longer-term forecasts for XRP have not shifted. Price targets of $5 and higher \u2014 including the $10 figure Bitrue<\/a> cited \u2014 continue to circulate among analysts and community members.<\/p>\n

Those targets are tied to broader narratives: growing institutional interest, Ripple\u2019s resolved legal standoff with the SEC, and expanding adoption of blockchain-based payment infrastructure.<\/p>\n

Missouri<\/a> recently moved to designate XRP as an official reserve asset \u2014 a step that adds a layer of institutional credibility the coin did not carry a few years ago.<\/p>\n

Reports note that skeptics remain. XRP has a history of slow upward movement punctuated by sharp pullbacks, and even believers in a $10 target acknowledge that significant volatility could accompany any rise toward that level.<\/p>\n

For now, XRP sits in a narrow range<\/a>, down on the week but holding its footing. The derivatives market suggests traders are not walking away. They are waiting.<\/p>\n

Featured image from Gemini, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Crypto exchange Bitrue made a bold claim Tuesday: XRP is trading at a fraction of where it belongs. With the coin sitting around $1.42, Bitrue put the fair value at $10 \u2014 more than seven times its current price and a market cap that would top $610 billion. Derivatives Data Tells A Different Story Than […]<\/p>\n","protected":false},"author":1,"featured_media":39170,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-39169","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"\nBitrue Says XRP Should Already Be At $10, Traders Are Betting It Gets There - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=39169\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitrue Says XRP Should Already Be At $10, Traders Are Betting It Gets There - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Crypto exchange Bitrue made a bold claim Tuesday: XRP is trading at a fraction of where it belongs. 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