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XRP Price Prediction as $1 Billion Trading Volume Comes In – Can XRP Reach $1 This Week?
about 2 hours ago
CryptoPotato
CryptoPotato
followers

TL;DR XRP Performance: Despite recent dips, analysts like EGRAG CRYPTO remain optimistic, citing bullish trends in XRP’s price movement. Price Predictions: EGRAG CRYPTO forecasts a rise to $10, potentially $50 by November 2024, with an average target around $30. Dark Defender predicts an $11 price in 2025, dependent on certain technical indicators. Analyst Consensus: Both analysts anticipate significant future growth for XRP, suggesting a strong long-term potential. ‘Stay Steady’ for a Possible XRP Price Explosion Ripple’s native token – XRP – has recently consolidated around the $0.60 mark and is even down approximately 7% on a two-week basis. However, the ongoing pullback has not stopped cryptocurrency analysts from laying out optimistic price predictions. EGRAG CRYPTO noted XRP’s impressive performance, reminding that the asset closed two consecutive monthly green candles. The analyst believes a third one is approaching with the end of November, describing this as a highly bullish development. They claimed that XRP could surge to $10 after a possible “5-month consolidation phase” and explode to the astonishing $50 by November 2024 should the uptrend continue.  “STAY STEADY, the average of these two targets lands at $30, you know that I always whisper to you my secret target of $27. Hallelujah, the anticipation is palpable,” EGRAG CRYPTO concluded. XRP to Go ‘Parabolic?’ Another person who suggested that Ripple’s coin is on the verge of a substantial rise is the X (Twitter) user Dark Defender.  The analyst recently claimed that it might experience a “parabolic move” should three vital factors be in place. Those include a bullish cross on a resistance level described as SRSI, both SRSI lines closing above 80, and a breakout above an 8-year trendline. Dark Defender set a future price tag of $11 for XRP, expecting the surge to occur in 2025. Those willing to check how the token could perform in the short term could take a look at our dedicated video below: The post Very Bullish Ripple (XRP) Price Prediction for Late 2024: Is it Too Much? appeared first on CryptoPotato.

about 4 hours ago
CryptoPotato
CryptoPotato
followers

TL;DR XRP Price Surge Predictions: Analysts foresee a significant rise in Ripple’s XRP, with targets of $6-$7 in the near term and up to $27 by mid-2025, an almost 4,500% increase. Short-Term Forecasts: Short-term expectations for XRP include reaching around $1.30 in 2024 and a spike to $0.70 by the end of this year, bolstered by its regulatory clarity. Growth Drivers: The next bull cycle is expected to be beneficial for XRP, influenced by Ripple’s successes against the SEC, collaborations with central banks, and re-listing on key cryptocurrency exchanges. Ripple (XRP) Poised for a 4,400% Price Surge? Despite the recent correction in the cryptocurrency market and the slight decline of XRP’s price, some analysts still believe that Ripple’s coin is on the verge of spiking to unseen levels. One example is the X (Twitter) user EGRAG CRYPTO, who set the token’s next possible targets. According to them, XRP might push toward $6-$7, assuming it surpassed the “crucial milestones” of $3 and $5.80. The analyst went further, envisioning the token to explode to $27 (based on its previous performance during the bull run in 2017): “Reviving echoes from the 2017 surge, aiming for $27 feels like a plausible target.” EGRAG CRYPTO thinks the almost 4,500% price increase might occur in the middle of 2025. In addition, they believe XRP could jump to approximately $1.30 in 2024, spiking to $0.70 before the year’s end. “XRP Army STAY STEADY, on the imminent bull run, brace for a surge of liquidity into XRP since its regulatory clarity positions it as the safest investment choice,” the analyst concluded. The Next Bull Cycle Might be ‘Special’ for XRP Another person who believes that Ripple’s token is poised for an impressive rally in the near future is the X user Kyren. According to them, the next potential bull run could be “special” for XRP for several reasons. Some of those include Ripple’s winning streak in its legal battle against the US Securities and Exchange Commission (SEC), the company’s interaction with several central banks across the globe, and XRP’s re-listing on major cryptocurrency exchanges.  “In the bull market before 2016-2017, XRP saw gains like you wouldn’t imagine, having pumped from under $0.01 to well over $3.50. With all that’s been happening with XRP & Ripple lately… Are we primed for another run by the OG of enterprise blockchain utility,” Kyren concluded. The post Massive Ripple (XRP) Price Prediction: Analyst Gives Target for 2025 appeared first on CryptoPotato.

3 days ago
koinmilyoner
koinmilyoner
followers

With a tenuous hold above the $0.5891 support level, the price of Ripple has transformed the 25-day exponential moving average (EMA) into a resistance obstacle at $0.6142. If the $0.5891 support level is broken, XRP might continue its downward trend, potentially falling by 10% and settling below $0.5751 in the worst-case scenario. Once the price breaks and closes over $0.6857, which is the mean level for the supply zone, the bearish thesis will be rendered incorrect. The Ripple (XRP) price is now trading with a negative bias; however, the wheels might turn soon due to speculations that the United States Securities and Exchange Commission (SEC) may be conducting a meeting with Ripple on Thursday, November 30. The meeting is expected to take place behind closed doors. If the prediction turns out to be accurate, the market value of XRP might soon reach $0.7000. This is because there are whispers that a possible settlement negotiation is taking place. Ripple may reach a solution with the United States Securities and Exchange Commission on November 30. There have been rumors that the Securities and Exchange Commission (SEC) would be having a meeting behind closed doors on Thursday, which has led to suspicions regarding the possibility of a settlement between Ripple and the federal agency. Due to the fact that neither the topic of the meeting nor the other person who will be attending is currently known, the members of the $XRP community are left to speculate about everything while they watch the clock. In the event that a resolution is reached, it has the potential to instill hope among holders of XRP, which might lead to a purchasing frenzy. This is because the Ripple community has a tendency to run with positive news, which brings about the cultic following that is distinctive of the Ripple community. #BullRun #crypto2023 It is therefore feasible that the protracted slump presents a chance to make a purchase in advance of a potential settlement. If the past is any indication, the price of Ripple might increase by ten to thirty percent, which would be comparable to the situation that occurred when Judge Analisa Torres decided that XRP was only considered a security once it was sold to institutional investors. In the meanwhile, investors are still recalling the day on September 4 when Ripple's Chief Technology Officer, Stuart Alderoty, expressed his opinion that XRP would one day become the reserve currency of the world. As far as he is concerned, a significant portion of the global population would be OK with a currency that is not under anyone's control serving as the reserve currency of the globe. As Morgan absolves selling for depressing the price of Ripple, the perspective on the price of #XRPUpdate In spite of the fact that the price of #Ripple (XRP) has decreased by 1% and the trading volume has decreased by 2% over the past twenty-four hours, members of the community continue to be prepared to ride the wave of a bullish development in the ecosystem. The position of the Relative Strength Index (RSI) has been hanging just around the 50 level for days on end, indicating indecision. This is an indication of the fact that this trend is occurring. For the time being, the price is stuck between the Exponential Moving Averages (EMA) for the 25th and 50th days, which are located at $0.6142 and $0.5967, respectively. It is possible that the next directional bias will be determined by a breakthrough from this consolidation zone happening in either direction. It is necessary for the price of Ripple to enter the supply zone that extends from $0.6582 to $0.7186, while also breaking and closing above its midline at $0.6857, in order to establish a definite uptrend. Taking such a step would establish the conditions necessary for XRP to reach the psychological level of $0.7000.

about 12 hours ago

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