{"id":568716,"date":"2024-01-09T19:00:15","date_gmt":"2024-01-09T19:00:15","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=568716"},"modified":"2024-06-11T08:34:11","modified_gmt":"2024-06-11T08:34:11","slug":"crypto-market-xrp-price-to-cross-13","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/crypto-market-xrp-price-to-cross-13\/","title":{"rendered":"Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/xrp-price-surge-1100-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Dark Defender<\/span><\/a><span style=\"font-weight: 400\"> has provided insight into how <\/span><span style=\"font-weight: 400\">the XRP price<\/span><span style=\"font-weight: 400\"> could rise to $13. The analyst also suggested that the crypto token\u2019s price could end up being way above that when other factors are considered.\u00a0<\/span><\/p>\n<h2>How XRP Will Rise To $13<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/x.com\/DefendDark\/status\/30961893?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> on his X (formerly Twitter) platform, <\/span><a href=\"https:\/\/bitcoinist.com\/why-xrp-price-surge-to-0-54\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Dark Defender<\/span><\/a><span style=\"font-weight: 400\"> stated that the XRP price could hit $13 when the total crypto market cap hits $23.24 trillion within a year. He noted how the crypto market has become more valuable year-on-year as it rose from $816 billion a year ago to around $1.6 trillion now. As such, he expects a \u201cthird wave\u201d to happen with XRP\u2019s rising with the tide.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/news\/ethereum-giga-whales-on-a-historic-buying-spree-heres-how-much-eth-theyve-bought\/\">Ethereum Giga Whales On A Historic Buying Spree \u2013 Here\u2019s How Much ETH They\u2019ve Bought<\/a><\/div>\n<p><span style=\"font-weight: 400\">The analyst also hinted that there is the possibility that XRP could be higher than $13 as this price level will be achieved without considering its fundamentals. The fundamentals that he alluded to were <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-judge-deems-xrp-sale-non-investment-contract\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">regulatory clarity<\/span><\/a><span style=\"font-weight: 400\"> and XRP\u2019s utility. XRP\u2019s gaining legal clarity has been touted as one of its unique offerings and something <\/span><a href=\"https:\/\/shenyangcang.com\/analysis\/xrp\/xrp-price-61000-surge-analyst\/\"><span style=\"font-weight: 400\">that paints a bullish picture<\/span><\/a><span style=\"font-weight: 400\"> for the crypto token.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Going by Dark Defender\u2019s projections, the XRP price could also possibly have doubled from the $13 price level by 2027, as the analyst puts the total crypto market cap at $100 trillion by then. In a previous <\/span><a href=\"https:\/\/x.com\/DefendDark\/status\/12499803?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\">, the analyst also raised the possibility of more institutional adoption of XRP, something which could also contribute to a significant rise in its price.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/DkhXp2Z6\/\" alt=\"XRP price chart from Tradingview.com (Ripple)\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">Token price starts another retrace | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<h2>XRP Price Set To Enjoy From Bitcoin\u2019s Surge<\/h2>\n<p><span style=\"font-weight: 400\">Bitcoin rose to as <\/span><a href=\"https:\/\/shenyangcang.com\/breaking-news-ticker\/bitcoin-price-breaks-through-47000-bullish-sentiment-builds-with-anticipation-of-etf-approval\/\"><span style=\"font-weight: 400\">high as $47,000<\/span><\/a><span style=\"font-weight: 400\"> as approval of the <\/span><a href=\"https:\/\/bitcoinist.com\/blackrock-undercut-lower-spot-bitcoin-etf-fees\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Spot Bitcoin ETFs<\/span><\/a><span style=\"font-weight: 400\"> looks imminent. Following BTC\u2019s latest surge, <\/span><a href=\"https:\/\/shenyangcang.com\/analysis\/xrp\/xrp-price-61000-surge-analyst\/\"><span style=\"font-weight: 400\">crypto analyst CryptoInsightUK<\/span><\/a> <a href=\"https:\/\/x.com\/Cryptoinsightuk\/status\/34122806?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">hinted<\/span><\/a><span style=\"font-weight: 400\"> that XRP could be next. He had previously laid out a bullish narrative for altcoins, including XRP, as he stated that they could post significant gains as traders cycle their profits into smaller market-cap tokens.\u00a0\u00a0\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/shenyangcang.com\/shiba-inu\/shiba-inu-0-001-9-25-trillion-shib\/\">Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst<\/a><\/div>\n<p><span style=\"font-weight: 400\">Specifically, he noted that it could be time for XRP to shine as the crypto token is closer than ever to a <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-at-470\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">move to the upside<\/span><\/a><span style=\"font-weight: 400\">. Another reason why this move seems imminent is because the narrative in the crypto community is \u201cawful\u201d for XRP, the analyst remarked. As part of his 2024 predictions, CryptoInsightUk sees XRP rising to between $10 and $15 as BTC rises to $100,000.<\/span><\/p>\n<p><span style=\"font-weight: 400\">He believes the rally in the next bull run will be something similar to the one that happened in 2017. Interestingly, the analyst had <\/span><a href=\"https:\/\/shenyangcang.com\/analysis\/xrp\/xrp-price-61000-surge-analyst\/\"><span style=\"font-weight: 400\">previously raised<\/span><\/a><span style=\"font-weight: 400\"> the possibility of XRP repeating a rally similar to the one in 2017 when it posted a 61,000% gain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at around $0.5724, up over 2%, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Dark Defender has provided insight into how the XRP price could rise to $13. The analyst also suggested that the crypto token\u2019s price could end up being way above that when other factors are considered.\u00a0 How XRP Will Rise To $13 In a post on his X (formerly Twitter) platform, Dark Defender stated that the XRP price could hit $13 when the total crypto market cap hits $23.24 trillion within a year. He noted how the crypto market has become more valuable year-on-year as it rose from $816 billion a year ago to around $1.6 trillion now. As such, he expects a \u201cthird wave\u201d to happen with XRP\u2019s rising with the tide.\u00a0 Related Reading: Ethereum Giga Whales On A Historic Buying Spree \u2013 Here\u2019s How Much ETH They\u2019ve Bought The analyst also hinted that there is the possibility that XRP could be higher than $13 as this price level will be achieved without considering its fundamentals. The fundamentals that he alluded to were regulatory clarity and XRP\u2019s utility. XRP\u2019s gaining legal clarity has been touted as one of its unique offerings and something that paints a bullish picture for the crypto token.\u00a0 Going by Dark Defender\u2019s projections, the XRP price could also possibly have doubled from the $13 price level by 2027, as the analyst puts the total crypto market cap at $100 trillion by then. In a previous post, the analyst also raised the possibility of more institutional adoption of XRP, something which could also contribute to a significant rise in its price.\u00a0 Token price starts another retrace | Source: XRPUSD on Tradingview.com XRP Price Set To Enjoy From Bitcoin\u2019s Surge Bitcoin rose to as high as $47,000 as approval of the Spot Bitcoin ETFs looks imminent. Following BTC\u2019s latest surge, crypto analyst CryptoInsightUK hinted that XRP could be next. He had previously laid out a bullish narrative for altcoins, including XRP, as he stated that they could post significant gains as traders cycle their profits into smaller market-cap tokens.\u00a0\u00a0\u00a0 Related Reading: Shiba Inu Breakout To $0.001? Rumored 9.25 Trillion SHIB Token Burn Could Be The Catalyst Specifically, he noted that it could be time for XRP to shine as the crypto token is closer than ever to a move to the upside. Another reason why this move seems imminent is because the narrative in the crypto community is \u201cawful\u201d for XRP, the analyst remarked. As part of his 2024 predictions, CryptoInsightUk sees XRP rising to between $10 and $15 as BTC rises to $100,000. He believes the rally in the next bull run will be something similar to the one that happened in 2017. Interestingly, the analyst had previously raised the possibility of XRP repeating a rally similar to the one in 2017 when it posted a 61,000% gain.\u00a0 At the time of writing, XRP is trading at around $0.5724, up over 2%, according to data from CoinMarketCap.\u00a0 Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":568723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3,16894,83363],"tags":[167,6664,26263,15983,82779,14690,4531,83637,13172,10972,78763],"class_list":["post-568716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","category-ripple","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-industry","tag-crypto-market-cap","tag-crypto-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13<\/title>\n<meta name=\"description\" content=\"Crypto analyst Dark Defender has provided insight into how the XRP price could rise to $13, and 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