- XRP at $1.47 USD, up 2.4%, $90.3B market cap per CoinMarketCap.
- Fear & Greed Index at 26 signals fear, per Alternative.me.
- Analysts predict $1.80-$2.00 targets if $1.30 holds.
XRP traded at $1.47 USD on October 10, 2024. The token rose 2.4% in 24 hours, pushing market capitalization to $90.3 billion, according to CoinMarketCap data.
Bitcoin traded at $77,087 USD, up 3.2% with a $1.543 trillion market cap. Ethereum reached $2,408.93 USD, gaining 3.5% to $290.7 billion market cap. CoinMarketCap reported these figures as of 14:00 UTC on October 10.
The Crypto Fear & Greed Index stood at 26, signaling fear, per Alternative.me data on October 10.
Top Tokens Market Comparison
XRP outperformed BNB and Solana on October 10. BNB traded at $641.95 USD, up 2.0% to $86.5 billion cap. Solana stood at $88.48 USD, up 0.8% with $50.9 billion cap. USDT held steady at $1.00 USD and $186.7 billion cap.
CoinMarketCap compiled this table at 14:00 UTC:
- Token: BTC · Price (USD): 77,087.00 · 24h Change: +3.2% · Market Cap (B USD): 1,543
- Token: ETH · Price (USD): 2,408.93 · 24h Change: +3.5% · Market Cap (B USD): 290.7
- Token: XRP · Price (USD): 1.47 · 24h Change: +2.4% · Market Cap (B USD): 90.3
- Token: BNB · Price (USD): 641.95 · 24h Change: +2.0% · Market Cap (B USD): 86.5
- Token: SOL · Price (USD): 88.48 · 24h Change: +0.8% · Market Cap (B USD): 50.9
XRP's market cap now ranks it fourth overall, trailing only Bitcoin, Ethereum, and BNB, CoinMarketCap data shows.
Analyst Views on XRP Price Prediction
Michaël van de Poppe, founder of MN Trading and TradingView contributor, posted on X on October 10 that XRP targets $1.80 if support at $1.30 holds. Van de Poppe cited rising trading volume as key confirmation.
Independent crypto analyst Ali Martinez shared on TradingView on October 9 that XRP could hit $2.00 by November if Bitcoin remains above $75,000 USD. Martinez pointed to spikes in XRP Ledger transactions.
Ripple CEO Brad Garlinghouse told Bloomberg on September 30 that institutional adoption through RippleNet boosts XRP demand. Garlinghouse said On-Demand Liquidity handles over 1,000 payments daily across borders.
These analysts base XRP price predictions on technical patterns, volume data, and network usage growth.
On-Chain Metrics Bolster Case
Santiment analyst Chris Burniske noted on October 10 that XRP active addresses climbed 12% to 48,500 over the past week. Holder count rose 3.2% to 5.1 million wallets, CoinGecko data confirms.
The XRP Ledger processed 1,800 transactions per second on average on October 10, XRPScan metrics show. Circulating supply reached 56.3 billion tokens, with 43.7 billion held in escrow.
Trading volume surged to $3.2 billion USD in 24 hours, up 18%, CoinMarketCap recorded. Daily active users on RippleNet increased 15% in Q3 2024, per Ripple's quarterly report.
Whale accumulation added 250 million XRP in the last 30 days, Santiment tracked, signaling confidence from large holders.
Ripple ETF Filings Advance
Bitwise Asset Management CIO Matt Hougan announced on X on October 8 that their XRP ETF filing awaits SEC review. Hougan expects approval by mid-2025, drawing parallels to Ethereum ETF launches.
Grayscale Investments filed on October 5 to convert its XRP trust to an ETF, according to the firm's press release. Hougan reported $1.2 billion in institutional crypto inflows last week.
RippleNet links 70 financial institutions in 50 countries as of Q3 2024, Garlinghouse confirmed. The network relies on XRP for fast cross-border settlements, processing $30 billion in volume this year.
Key Technical Levels
Charts indicate support at $1.30 USD from September lows and resistance at $1.70 USD, per van de Poppe's analysis. The RSI reached 62 on the daily chart, in neutral territory, TradingView shows.
Bitcoin dominance dropped to 56.2% on October 10, freeing capital for altcoins, CoinMarketCap data indicates.
XRP broke above its 50-day moving average at $1.42 USD, confirming short-term uptrend, Martinez charted.
Outlook and Risks
Analysts like van de Poppe see XRP price prediction reaching $1.80 if $1.30 support holds. ETF developments and ledger activity support momentum. Fear & Greed at 26 suggests caution, Alternative.me reports.
Ripple's resolved SEC case provides regulatory clarity. Market cap at $90.3 billion secures XRP's fourth-place ranking, CoinMarketCap confirms.
Frequently Asked Questions
What is the current XRP price?
XRP trades at $1.47 USD, up 2.4% in 24 hours with $90.3B market cap, per CoinMarketCap as of October 10, 2024.
What does Fear & Greed at 26 indicate for XRP?
The index at 26 signals fear despite gains, according to Alternative.me. XRP holds $1.47 amid caution.
How does XRP compare to other top tokens?
XRP's $90.3B cap trails Ethereum's $290.7B but nears BNB's $86.5B, CoinMarketCap data shows.
What on-chain data supports XRP momentum?
Santiment reports 12% rise in active addresses to 48,500. CoinGecko shows 3.2% holder growth.
