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Заголовок Is Ripple Headed for a New All-Time High? XRP Price Predictions
Дата 20240701

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Is Ripple Headed for a New All-Time High? XRP Price Predictions

Is Ripple Headed for a New All-Time High? XRP Price Predictions

Author: Dimitar Dzhondzhorov

Last Updated Jul 1, 2024 @ 07:21

Check out how high XRP can soar in the following months (according to some
popular analysts).

TL;DR

XRP lags behind other cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта in gains but is predicted to rise
significantly due to positive technical indicators and a potential legal
victory in the Ripple v. SEC case.

Analysts foresee the asset reaching between $2.90 and $16.10, with some
envisioning even higher prices if certain conditions are met.

The Next Potential Targets

The cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market has flashed green today (July 1), with Bitcoin
(BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
), Ethereum (ETH• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum), Solana (SOL), and many more charting substantial gains.
Ripple s XRP lags behind the pack, registering a mild price increase of
1.1% on a daily scale and currently trading at around $0.47 (per
CoinGecko s data).

XRP Price, Source: CoinGecko

Some analysts, though, believe the asset is yet to experience a bull run,
envisioning a rise to a new all-time high. EGRAG CRYPTO an X user who
often touches upon the matter noted that XRP s monthly time
frame
candle formation closed above a major resistance level known as the
Fibonacci 0.236. The trader described the move as a natural
consolidation, expecting a jump to Fibonacci 1.618 ($6.40).

Brett Hill and Armando Pantoja were also bullish. The former suggested that
XRP s next target could be between $2.90 and $16.10, while the latter
presented three important factors that could trigger a price jump toward the
$5 milestone• Объект организация » Организации по алфавиту » Организации на Mi » Milestone (компания).

One of those includes a resolution in the Ripple v. SEC legal battle , which
has been dragging on for over three years. The case is currently in its trial
phase, with the company• Объект организация » Организации по алфавиту » Организации на Mi » Milestone (компания) seemingly having the upper hand after securing three
vital (yet partial) court victories throughout 2023.

Each triumph triggered a price rally for XRP, and many industry participants
think the asset will rally once again in the event of a decisive Ripple win.
Those curious to learn more about the lawsuit and its potential impact on the
token s valuation, feel free to take a look at our dedicated video
below:

Previous Forecasts

Last month, EGRAG CRYPTO predicted an XRP rally based on the low Relative
Strength Index (RSI• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Фондовый рынок » Технический анализ » Индекс относительной силы RSI

• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Линии Боллинджера » Индекс относительной силы RSI
) as of late. The technical analysis• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Фондовый рынок » Технический анализ tool measures the
speed and change of price movements and varies from 0 to 100. A ratio of above
70 indicates that the asset might be overbought and headed for correction.
Data shows that this level was crossed only three times in the past 30 days,
currently standing at around 56.

JAVON MARKS another X user who often speculates on XRP s
movements envisioned a price explosion to $20 and even
higher should the asset mirror its performance from previous years.

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Tags: Ripple Ripple (XRP) Price

============= Итог: 4,2103 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Ethereum#Bitcoin 4,2103 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Bitcoin#Ethereum 2,0559 ; Экономика#Финансы#Финансовый рынок#Рынок ценных бумаг#Фондовый рынок #Технический анализ#Индекс относительной силы RSI

============= Объекты: организации Milestone (компания)

============= Связи: Bitcoin # ассоциации 2014-*** # Ethereum


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