Analysts suggest that the price of XRP, currently hovering around $1.40, is undervalued. Cryptocurrency though rose above $3 last yearit failed to reach a recent record high and has continued to do so ever since faced a grave crisis as its technical structure weakens. Still, analysts maintain a robust bullish outlook, arguing that even a $10 valuation is too low for the cryptocurrency. At the same time, other experts are paying attention to the development of factors that could facilitate XRP break out of its current suppression and potentially reach higher levels.

What the fair value of XRP really looks like

Bird, developer of the XRP Ledger (XRPL), took to X on Wednesday, March 25, to current his recent bullish outlook for XRP. First, the analyst highlighted the discrepancy between the current price of XRP and what he believes it should be its true value.

Bird clearly stated that “XRP is a $100+ token priced at $1.40.” The developer’s statement suggests a robust belief that the cryptocurrency’s current price does not reflect its underlying utility potential. His reasoning probably centers on The role of XRP in the global payments ecosystemin particular its apply by financial institutions for cross-border transactions.

Unlike many cryptocurrencies that derive value primarily from speculative interest and hype, XRP is positioned as functional settlement layer for banks and payment service providers around the world. Cryptocurrency advocates have long argued that the price of XRP could skyrocket due to the demand and liquidity that could come from its underlying utility.

Looking at Bird’s statement from a different perspective, the difference between $1.40 and $100 could also represent one of the most attractive opportunities in the current cryptocurrency market. He closed his post by telling followers “you know what to do,” subtly hinting that now might be the right time to accumulate XRP at its current price. Some community members responded bravely in response decided that they will continue to buy XRP, which highlights their robust belief in the cryptocurrency’s potential to reach $100.

XRP price remains subdued

Luke Suthers, a well-known XRP supporter, also did this common his bullish thesis on the value of cryptocurrency. This time, it highlights several developing catalysts that could push the altcoin higher, rather than a specific price target.

Suthers noted that The price of XRP is currently suppressed. He stressed that while banks and institutions are hoarding the cryptocurrency behind the scenes, XRP is still trading at around $1.40. At the same time, the analyst also noted that Ripple, a cryptocurrency payment company, is actively expanding its rails and acquisition of an additional companyaims to strengthen its ecosystem.

Based on these increases, Suthers comes to this conclusion The price of XRP is undervaluedclaiming it doesn’t reflect his true value. He emphasized that the main players are already ahead of the expected market change and the wave of liquidity. Suthers warns investors not to get left behind and urges them to also consider strategic positioning.

Featured image from Freepik, chart from Tradingview.com