{"id":608134,"date":"2024-05-15T23:00:23","date_gmt":"2024-05-15T23:00:23","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=608134"},"modified":"2024-06-11T08:13:32","modified_gmt":"2024-06-11T08:13:32","slug":"how-high-can-the-xrp-price-go","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/ripple\/how-high-can-the-xrp-price-go\/","title":{"rendered":"How High Can The XRP Price Go? Crypto Analyst Unveils 6-Month Prediction"},"content":{"rendered":"

Crypto analysts continue to be super bullish on the future of the XRP price despite its poor performance in the past. However, while some analysts have predicted price targets that, to many, seem unrealistic<\/a>, others have set more conservative targets. This is the case of crypto analyst Alan Santana, who just unveiled his 6-month prediction for the XRP price.<\/p>\n

XRP Price Is Ready For A Bullish Wave<\/h2>\n

Alan Santana took to the TradingView website to share his latest analysis<\/a> on the XRP price. This prediction is expected to play out over the next six months as the crypto market heads into what is expected to be an explosive bull rally<\/a>.<\/p>\n

Related Reading: This Crypto Expert Called The Bitcoin Top in 2021, Now He\u2019s Calling The Bottom In 2024<\/a><\/div>\n

The crypto analyst believes that in this cycle, the altcoin may find its price moving well ahead of other altcoins. \u201cit is likely to be one of the first to move… One of the first to move big!\u201d the analyst said. Santana also gives reasons for this, one of them being that the waiting period between each bullish wave for the XRP price has elapsed<\/a>.<\/p>\n

His analysis showed that the altcoin has usually seen a 6-8-month gap between each bullish wave. However, it had been 308 days since it saw its last bullish wave<\/a>, which is well over 10 months. This means that the altcoin is more than ready for another bullish wave. He also added, \u201cThe fact that XRPUSDT went through a correction and has been consolidating for this long is considered bullish.\u201d<\/p>\n

\"XRP
Source: Tradingview.com<\/figcaption><\/figure>\n

Furthermore, the altcoin has been on a bullish trend<\/a>, recording higher lows. This is usually bullish for any asset as it suggests better support for the price as it moves upward. \u201cHigher lows means that the bulls have the upper hand when it comes to the long-term trajectory of this chart,\u201d Santana explained.<\/p>\n

XRP Can Move 280% In 2024-2025<\/h2>\n

The crypto analyst expects a rather rapid bullish wave for the XRP price and stated that he expects this to happen sometime in 2024 and 2025. The main reason behind this is that the accumulation phase<\/a> for the altcoin is finally coming to an end.<\/p>\n

This is a sentiment that has also been shared by another crypto analyst known as U-Copy. According to the analyst, the XRP price had been in accumulation for the last seven years,<\/a> but it has finally come to an end in 2024, and this end in the accumulation phase will lead to a rally.<\/p>\n

Related Reading: Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here\u2019s When<\/a><\/div>\n

While U-Copy expects the altcoin to hit a new all-time high price as this accumulation phase comes to an end<\/a>, which would be an at least 600% move from here, Santana has taken a more conservative stance. The analyst does expect the XRP price to break above $1<\/a>, but puts the peak around $1.9 and $2. This would mean a 280-300% move from here.<\/p>\n

\u201cOnce it starts going, it will go really strong and for a very long while… People will be wondering, \u2018why didn’t I buy when prices were low?\u2019,\u201d the analyst concluded.<\/p>\n

\"XRP
XRP runs up above $0.5 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from CoinMarketCap, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analysts continue to be super bullish on the future of the XRP price despite its poor performance in the past. However, while some analysts have predicted price targets that, to many, seem unrealistic, others have set more conservative targets. This is the case of crypto analyst Alan Santana, who just unveiled his 6-month prediction for the XRP price. XRP Price Is Ready For A Bullish Wave Alan Santana took to the TradingView website to share his latest analysis on the XRP price. This prediction is expected to play out over the next six months as the crypto market heads into what is expected to be an explosive bull rally. Related Reading: This Crypto Expert Called The Bitcoin Top in 2021, Now He\u2019s Calling The Bottom In 2024 The crypto analyst believes that in this cycle, the altcoin may find its price moving well ahead of other altcoins. \u201cit is likely to be one of the first to move… One of the first to move big!\u201d the analyst said. Santana also gives reasons for this, one of them being that the waiting period between each bullish wave for the XRP price has elapsed. His analysis showed that the altcoin has usually seen a 6-8-month gap between each bullish wave. However, it had been 308 days since it saw its last bullish wave, which is well over 10 months. This means that the altcoin is more than ready for another bullish wave. He also added, \u201cThe fact that XRPUSDT went through a correction and has been consolidating for this long is considered bullish.\u201d Furthermore, the altcoin has been on a bullish trend, recording higher lows. This is usually bullish for any asset as it suggests better support for the price as it moves upward. \u201cHigher lows means that the bulls have the upper hand when it comes to the long-term trajectory of this chart,\u201d Santana explained. XRP Can Move 280% In 2024-2025 The crypto analyst expects a rather rapid bullish wave for the XRP price and stated that he expects this to happen sometime in 2024 and 2025. The main reason behind this is that the accumulation phase for the altcoin is finally coming to an end. This is a sentiment that has also been shared by another crypto analyst known as U-Copy. According to the analyst, the XRP price had been in accumulation for the last seven years, but it has finally come to an end in 2024, and this end in the accumulation phase will lead to a rally. Related Reading: Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here\u2019s When While U-Copy expects the altcoin to hit a new all-time high price as this accumulation phase comes to an end, which would be an at least 600% move from here, Santana has taken a more conservative stance. The analyst does expect the XRP price to break above $1, but puts the peak around $1.9 and $2. This would mean a 280-300% move from here. \u201cOnce it starts going, it will go really strong and for a very long while… People will be wondering, \u2018why didn’t I buy when prices were low?\u2019,\u201d the analyst concluded. Featured image from CoinMarketCap, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":608175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-608134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nHow High Can The XRP Price Go? 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/shenyangcang.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"How High Can The XRP Price Go? 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