BarriC forecasts XRP to hit $10–$20 in current altcoin season.
Analyst expects a market correction to $5–$10 post-surge.
XRP Spot ETF and broader utility may trigger short-term rally.
XRP, Ripple’s native token, has seen renewed attention from market analysts following a notable price retreat from its multi-year high of $3.34 in January 2025.
Now trading at $2.35, up 1.46% in the past 24 hours, XRP is prompting speculation over whether its current consolidation is a sign of accumulation before another major rally.
Source: CoinMarketCap
One of the more ambitious projections comes from a crypto market commentator known as BarriC, who believes XRP is on track to reach a $1,000 valuation over the long term.
While that figure might appear extreme to some investors, the forecast lays out a multi-stage path supported by historical price cycles, potential ETF approval, and eventual mass adoption by global banks.
Mid-cycle dip to $5 possible
According to BarriC’s recent post on social media platform X, XRP’s current trading zone is being misinterpreted as a sign of failure.
He suggests that this consolidation period is a prelude to a significant breakout, driven by broader altcoin momentum and possible utility gains in financial systems.
The commentator suggests XRP could climb to between $10 and $20 within the next few months, a move that would depend heavily on increased trading activity and possible catalysts such as the approval of a Spot XRP ETF or direct integration with financial institutions.
These scenarios could push XRP into the final stages of the current altcoin season.
BarriC warns that after this potential surge, XRP could see a sharp correction, in line with historical crypto market patterns.
Referencing previous cycles dating back to 2016, he notes that 50% drawdowns are not uncommon following parabolic runs.
If XRP follows this trend, the token could drop back to a $5 to $10 range before beginning its next phase.
However, the analyst argues that this would likely be the last time XRP trades in the single digits.
He classifies this stage as a “mid-cycle dip,” after which XRP may enter a structurally different valuation zone—no longer driven purely by speculative forces but by real-world financial infrastructure use cases.
Institutional flows key to $1,000
The $1,000 forecast hinges on the assumption that XRP becomes a foundational element in institutional finance.
BarriC believes that once banks begin integrating the XRP Ledger into daily operations, trillions of dollars in volume could flow through the network consistently.
This, in his view, would bring an end to the volatility that has long defined XRP’s price behaviour.
He claims that under such conditions, XRP could stabilise at $1,000—not as a temporary high but as a long-term structural base.
In this future scenario, investors may only be able to purchase fractions of XRP, much like how Bitcoin has become inaccessible in whole units for most retail traders.
Although such institutional adoption has not materialised at scale, the analyst argues that regulatory clarity and cross-border payment utility could eventually push XRP into mainstream finance.
The post Can XRP hit $1,000? Analyst reveals bold multi-phase price forecast appeared first on CoinJournal.
