By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
CryptoXTimesCryptoXTimes
  • Home
  • News
    • Crypto
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Shiba Inu News
    • Ripple News
    • Analysis
    • iGaming News
  • Cryptocurrency
    • Price Prediction
    • Learn
    • Reviews
  • Advertise
    • Press Release
  • Contact Us
Notification Show More
Font ResizerAa
CryptoXTimesCryptoXTimes
Font ResizerAa
  • Home
  • News
  • Cryptocurrency
  • Advertise
  • Contact Us
Search
  • Home
  • News
    • Crypto
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Shiba Inu News
    • Ripple News
    • Analysis
    • iGaming News
  • Cryptocurrency
    • Price Prediction
    • Learn
    • Reviews
  • Advertise
    • Press Release
  • Contact Us
Have an existing account? Sign In
Follow US
© 2024 CryptoXtimes. All Rights Reserved.
CryptoXTimes > Article > News > XRP Price Rockets, Analysts Predict Monumental Surge
NewsRipple News

XRP Price Rockets, Analysts Predict Monumental Surge

CryptoBull's XRP forecast stirs excitement: potential $154 surge anticipated.

Nayab Fatima
Last updated: May 27, 2024 8:32 pm
Nayab Fatima 1 year ago
Share
XRP Price Rockets, Analysts Predict Monumental Surge

Renowned crypto researcher CryptoBull has sparked enthusiasm among the bitcoin community in a recent report by projecting a huge rise in XRP’s price, maybe reaching an amazing $154. Pointing to a positive trend, CryptoBull’s estimate has drawn interest even if exact timing of this spike is still hazy.

Emphasizing an increasing spreading wedge pattern, CryptoBull released a striking chart showing an upward trajectory for XRP on a post on X (previously Twitter). The analyst sees XRP breaking out from a parabolic trajectory, therefore driving its price to hitherto unheard-of levels. Adding weight to this positive view, CryptoBull also reflected opinions of two other experts suggesting a near XRP price breakout.

Analysts Bullish, XRP Poised

Among these analysts, Javon Marks stands out since he lately pointed out a positive divergence in XRP’s chart. Previously seeing XRP rising to $200, Marks supported his optimistic view by pointing historical examples and structural changes in XRP’s market dynamics. Inspired by recent improvements in XRP’s market infrastructure, Marks underlined its ability to repeat such enormous gains, referencing the noteworthy price spike in 2017.

Reflecting like-minded ideas, analyst CasiTrades described Ripple possible increasing trend and recommended price goals ranging from $13 to an astonishing $80 Citing Ripple extended six-year consolidation phase, CasiTrades underlined the importance of an approaching breakout from this trend, therefore indicating a possible price surge for the cryptocurrency.

Analyst Jack The Rippler also commented on Ripple future, foresaw a near term spike reaching $100. Unlike other observers, Jack The Rippler linked this expected rise to outside events, most notably the continuous legal conflict between Ripple and the Securities and Exchange Commission (SEC). Jack The Rippler underlined the crucial part regulatory certainty plays in determining Ripple future path, speculating that a resolution in favor of Ripple will set off the price spike of Ripple.

Analyst Egrag Crypto added to the chorus of positive attitudes by stressing technical signals pointing to an Ripple imminent breakthrough. Egrag Crypto projected Ripple price range between $1.2 and $1.5 pointing to the “White Triangle” breakout pattern and important Fibonacci levels. Emphasizing the need of surpassing important resistance levels, Egrag Crypto voiced hope in Ripple increasing momentum and imagined a “mega run” in not too distant future.

Based on data from CoinMarketCap, XRP is now trading around $0.53, slightly declining over 1% over the previous 24 hours notwithstanding these positive forecasts. Still, Ripple is likely to undergo notable price swings in the next days as analysts present a positive future image for the cryptocurrency.

You Might Also Like

Deutsche Bank Considers Issuing Stablecoin Amid Digital Shift

PEPE Memecoin Surges 8.5% After Trump’s Cryptic Post Sparks Frenzy

Telegram Integrates Elon Musk’s Grok AI in $300M Deal

Berachain Transactions Tumble, Fee Revenues Cut In Half

Trump Media Launches $2.5B Crypto Investment Strategy

TAGGED: Crypto, ripple, XRP
Previous Article Ethereum Open Interest Surge Hints at Altcoin Season Ethereum Open Interest Surge Hints at Altcoin Season
Next Article Bitcoin's $78,000 Rally Signals Historic Surge Potential Bitcoin’s $78,000 Rally Signals Historic Surge Potential
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
TwitterFollow
TelegramFollow
LinkedInFollow

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
Deutsche Bank Considers Issuing Stablecoin Amid Digital Shift
Deutsche Bank Considers Issuing Stablecoin Amid Digital Shift
Iceland PM Shifts Energy from Bitcoin to Agriculture
Iceland PM Shifts Energy from Bitcoin to Agriculture
RippleX Halts AMM Pool Deposits Due to XRP Ledger Glitch
RippleX Halts AMM Pool Deposits Due to XRP Ledger Glitch

You Might Also Like

$BONK Surges 4% as Breakout Above $0.000021 Nears
CryptoNews

$BONK Surges 4% as Breakout Above $0.000021 Nears

By Haider Ali 2 weeks ago
XRP Gathers Momentum Amid Whale Accumulation and ETF Buzz
Altcoin NewsNews

XRP Gathers Momentum Amid Whale Accumulation and ETF Buzz

By Muhammad Ali 1 month ago
MOVE Token Drops 20% After Coinbase Announces May 15 Trading Suspension
CryptoNews

MOVE Token Drops 20% After Coinbase Announces May 15 Trading Suspension

By Haider Ali 1 month ago
XRP Eyes Potential 15% Gains Amid Regulatory And Market Developments
NewsCrypto

XRP Eyes Potential 15% Gains Amid Regulatory And Market Developments

By Nayab Fatima 4 months ago
CryptoXTimesCryptoXTimes
Follow US
© 2024 CryptoXtimes. All Rights Reserved.
  • About Us
  • Careers
  • Privacy Policy
  • Risk Disclaimer
Welcome Back!

Sign in to your account

Lost your password?