Eseandre Mordi
XRP is back in the spotlight, trading near $1.4446 on Binance XRP/USDT Perpetual. The buzz largely traces back to a claim by Chad Steingraber, who pointed out that no ETF in Wall Street history has ever delivered a 5x return in its first year of trading. If XRP crosses $10, it would clear that bar by a wide margin and, by that framing, rank as the best-performing fund-like vehicle in market history. The whole argument hangs on one simple threshold: "JUST $10."
The weekly chart tells its own story. With a 24-hour high of $1.4493 and a low of $1.3401, XRP is still sitting below key moving averages: MA(5) near 1.4678, MA(10) near 1.7191, and MA(30) around 2.2924. Volume clocked in at roughly 1.115 billion in 24 hours. These numbers matter because traders watching momentum will notice that price hasn't reclaimed any of those trend markers yet.
Round-number targets like $10 become focal points for sentiment and positioning, especially when paired with comparisons to traditional market records.
The chart also shows a prior swing that reached roughly $3.6646 before rolling over, which gives a sense of just how wide XRP's range has been. Getting from $1.44 to $10 would require nearly a 7x move - well beyond anything visible on this weekly snapshot. The $10 claim isn't really a chart call; it's a statement about the scale of the opportunity if the narrative plays out. Broader coverage has been tracking this theme closely, including XRP price eyes $10 to $20 target as ETF and legal catalysts converge.
What makes this moment interesting is the institutional layer building underneath. XRP ETF nears launch as Canary Capital files a key SEC form, and separately, BlackRock spot XRP ETF rumors are circulating. Together, these storylines give the $10 target something more than social media hype to lean on - though the chart still shows XRP trading below every major moving average on the weekly view, a reminder that sentiment and price action don't always move at the same speed.
Eseandre Mordi
