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XRP Price Prediction

XRP Targets Breakout As Resistance Levels Define Next Key Price Moves: Report

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  • XRP trades within the crucial Fib 0.702 zone ($1.11–$1.22), a confluence halting its current rally.
  • A breakout to $1.60–$2.30 could face selling pressure from past cycle holders, but $2+ closes may spark exponential growth.
  • Super Guppy’s green flip hints at a potential peak by March 2025, following historical price trends.

XRP is at a critical point as of now and is trading in the Fibonacci 0.702 zone between $1.11 and $1.22. This zone of resistance has been constructed from the corrective retracements from the January 2018 and April 2021 levels, and has produced a clear confluence that has halted the upward progress of the cryptocurrency. In the previous X post, Egrag Crypto highlighted this level as the key area that could define the further direction of XRP.

Egrag anticipates a critical breakout within the $1.60–$2.30 price range. This zone may face selling pressure from the holders who got burned during the previous cycle and are likely to do so again, term it as PSTD scars. However, the outlook shows that it is not only about retesting the previous high but underlines the need for a weekly or monthly close above $2. Analyst describes it as a ‘multiplier’, which may lead to the acceleration of growth.  

Next XRP Cycle Peak

More positive signs are being seen from the Super Guppy indicator which has changed to green on the two week chart. Such change has previously been observed prior to a considerable price increase of token. 

In the 2018 cycle, XRP hit its ATH 266 days after the Super Guppy flipped green. In the 2021 cycle, it only took 84 days to see the top of a cycle. These movements seem to have an average time of about 175 days, and looking at the trend, the next peak for Ripple coin might likely happen by March 2025.  

XRP’s Future Movements

To sustain such a move, the market mechanisms and the faith of the long-term investors will be of essence to XRP. Should the price break and hold above $2, it could signal a possible shift higher, and open the door for further gains.  At the time of writing, toekn is trading at $1.18 per coin, a 8.01% rise in the last 24 hours and a 121.84% rise in the last 30 days.

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Source: TradingView

Therefore, XRP’s future movements are expected to critically define its position in the crypto market via technical analysis and historical trend analysis. While at these critical junctures, all attention is still focused on XRP to breakthrough through the resistance level and take advantage of the gains made in the previous cycles.

XRP Soars To 3-Year High As Whale Activity Fuels Price Surge and Dominance

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  • XRP hits a 3-year high of $1.2679 on Binance, fueled by whale wallets acquiring 453.3M tokens in just one week.
  • Retail traders sell off 75.7M XRP, creating an opportunity for large investors to buy at discounted prices.
  • XRP dominance could rise from 10% to 20%, with price predictions reaching up to $17.54 per token by cycle’s end.

XRP has soared to an unprecedented high within the last three years as the digital currency keeps on rising. The digital asset trading on Binance hit $1.2679, the highest it has been since November 11, 2021. This price surge has been driven mainly by the activities of large investors, the so-called whale and shark wallets, who hold between one million and one hundred million XRP tokens. In the past week, these major holders have bought 453.3 million tokens worth about $526.3 million.

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Source: Chart by Santiment

Whale Activity Drives XRP Surge

This is in stark comparison to the retail trader who has been on the investing scene for the past couple of months. Small wallets with less than one million XRP have been quick to dump tokens whenever the market starts to rally, leading to 75.7 million XRP being sold in the last week alone, worth around $87.9 million. As for now, the retail traders are selling their tokens, which creates a perfect opportunity for big investors to purchase more tokens at lower prices.

In the past, when some of the major market participants are buying up their tokens during retail FUD, the market has had massive positive price action. This is the current state of token which is currently the sixth largest cryptocurrency in the market.

This is coupled with an increased market dominance of coin prices, which has also been on the rise. According to the analyst at Egrag Crypto, this could rise from 10% to 20%.To this end, the analyst used Fibonacci analysis on two market cycles, one in 2017 and another in 2021.

Fibonacci levels of analysis suggest that a critical convergence zone is at 5.9 to 6% dominance. A close above this range could indicate further upward movement of XRP, meaning that it could head towards other Fibonacci levels such as 0.702 or 0.786. A clean breakout through the 2021 dominance high at Fib 1.0 could see XRP reach new dominance highs of up to 16.69% Fib 1.618 or even 20%.

XRP Dominance and Growth

If XRP retains or even grows its market dominance based on these predictions, the price of Ripple token may also rise greatly. Brad Garlinghouse has dropped the hint that the total market capitalization of cryptocurrencies may well reach $5 trillion by the end of this cycle. If token could take 10% of this total market cap, the price could go up to $8.77. According to analysis, XRP could hit $17.54, given it is dominant by 20%. As of writing, Ripple coin is trading at  $1.08, showing an increase of 3.39% over the past day.

Source: TradingView

XRP is on the verge of a major breakout and its price and market share have been indicating an upward trend. In the meantime, as more and more whale investors are buying more coin while retail traders are selling less of it, the market dynamics of Ripple are likely to change dramatically. The next few weeks could be decisive in defining if coin will be able to break through important dominance levels and thus reach new heights. 

XRP Nears Key Breakout At $0.75: Will December Trigger A Major Rally?

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  • XRP nears key resistance at $0.75; a breakout above $0.85 and $1.12 could signal a significant price rally.
  • Three failed breakout attempts in 2023-24 add pressure, but renewed interest may finally drive XRP past $0.75.
  • December rally could trigger gains up to $1.5 if XRP maintains closes above $0.60, setting stage for 2025 growth.

The price of XRP is close to a point of interest, with $0.75 as the critical level for the breakout. In a recent X post, Egrag Crypto highlighted that this hurdle is still relevant and a trend break above $0.75, $0.85, and $1.12 may induce a strong bounce. Market dynamics remain supportive of the move, allowing token to break through in the end.

XRP has been battling key resistance at $0.75 for quite some time now, and has been under heavy selling pressure in the past year. Three tries have been made to get past this level – the first in November 2023, the second in March 2024, and the third in November 2024. These instances of pressure have limited Ripple’s potential to break out, though the anticipation is that the token may well soon breach this barrier courtesy of expanding trading interest.

XRP’s Turning Point

December 2024 could be the turning point for Ripple.  XRP has likely pierced through what some refer to as a threshold for upward momentum known as the ‘wake-up line’. Now the target is to hold the weekly closes above $0.60 to validate the break out. If these levels are maintained in the short term, targets are between $1.3 and $1.5, which could mark the beginning of a longer term up move prior to December.

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Source: Chart by EgragCrypto

This expected surge may be a signal to the Ripple community that gains could continue through to 2025. Short term gains would provide a foundation for a stronger advance, which would be cause for long term investors to pay attention to the next few weeks. This is a period that many are considering as the key to the next phase breakout for the digital asset.

Potential December Rally for XRP

Ripple enthusiasts continue to remain positive about the cryptocurrency’s future. Apart from the expected December rally, the followers hope for even more aggressive goals, and that is why the first wave may reach $6.5. The XRP community, or the “XRP Army,” believes these predictions are encouraging because they believe the price of Ripple coin will rise in the near future. At the time of writing, token is priced at $0.664 and has been down by 0.98% within the last 24 hours.

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Source: TradingView

The price actions around these levels have many observing whether XRP will at last break its resistance at $0.75. This is because if it does, the cryptocurrency community can expect a long-awaited breakout and new investing opportunities. XRP’s movement in the coming weeks leading to December will determine if this crucial rally will happen or not.

XRP Breaks Bullish Pattern, Eyes Major Breakout Potential

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  • XRP formed a bullish pattern in October, potentially preparing for a major breakout beyond the $0.65 zone.
  • Key resistance levels need to be cleared for XRP to reach $3.317, with support at $0.2874 crucial for maintaining momentum.
  • Market conditions and Ripple’s token ability to stay above critical support levels will determine its future growth trajectory.

Ripple (XRP) is attracting the attention as earlier in October, it formed a bullish pattern after a pull back. Experts believe that XRP is just about to fully rebound and may soon return to the $0.65 zone. This movement could potentially free XRP from a 6.5-7-year consolidation trendline which could be a major price breakout.

In an X post on Thursday, Javon Marks also shared his insights with the following take, the confirmed bullish pattern suggests that XRP could potentially rise above its present value. If Ripple surpasses the $0.65 level it could break through to a higher ground and possibly reach its previous high of $3.317.

XRP Faces Key Challenges

However, in a recent X post, Egrag Crypto revealed the obstacles that token still has to overcome. The analysis reveals that XRP is trading within a crucial support trendline and also reveals the key “NO-NO ZONES,” which are the price levels below which cryptocurrency needs not to trade to remain bullish. 

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Source: Chart by Egrag Crypto

The analysis also reveals historical price trends of Ripple coin and how the cryptocurrency has reacted to such trends. The token is at the critical level that can define its future in the following months and years, and whether a strong price growth is possible. There is major support at $0.2874 which is crucial to remain above especially to keep the upward trend going for cryptocurrency.

Although there are signs of growth in the technical aspects, analysts are not quite optimistic. However, for XRP, it has to spike through numerous resistance levels in order to witness a massive break out.

Ripple Token Market Outlook

Further, broader market conditions and the Ripple’s token capacity to preserve the trend towards growth will also affect the future dynamics of cryptocurrencies. At the time of writing, Ripple coin is still trading at $0.5278, which is 0.04% higher than it was one day ago.

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Source: TradingView

While the crypto community pays attention to these events, the following weeks will be crucial for XRP’s price. With the market in such a sensitive phase, investors should watch key levels as the market moves into a decisive phase that could either support the bullish view or present more price fluctuations.

XRP Struggles to Break $0.5500 Barrier Amid Broader Market Uncertainty

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  • XRP hovers near $0.5500 resistance, with traders awaiting a breakout or further consolidation in the short term.
  • Institutional adoption is seen as the key driver for XRP’s future, as global liquidity concerns mount.
  • A decisive move above $0.5500 could push XRP toward higher targets, but market remains cautious on institutional action.

XRP is still trading near the decisive $0.5500 level, which makes the further direction of the coin unclear among the traders.On Sunday, in an X post, Crypto WZRD disclosed that XRP was trading at around $0.5440 at the end of the day, still unable to break through to the next level. 

Further upside could take the price through $0.5500 to achieve higher price targets of $0.6500 and $0.7300. But if the bears refuse to retreat from this point, this may result in further strengthening.  Conversely, a slight breakdown in the short term as the traders begin to doubt the further development of the asset.

Institutional Investors Key For XRP

In a recent X post, Black Swan Capitalist discussed that token’s future is tied to institutional investors. As more people around the world are concerned with the growing economic problems such as high level of debt and possible liquidity issues in the financial system, some believe that Ripple may be an ideal solution to these problems as a liquidity asset. This can greatly boost the market for digital assets and can become even more popular if institutions use it for global payments and as a means of managing their assets.

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Source: Image by Black Swan Capitalist

The future of XRP depends less on the retail transaction volume and more on its place in the institutional structure. In light of these increasing pressures from financial instability, financial institutions could use digital currencies such as XRP for liquidity issues. If this happens it may fuel a sharp increase in the demand and the price.

XRP Eye $0.5500 Breakout

In the short term, XRP traders are keen on any breakdown above $0.5500 which may indicate the start of further price appreciation. However, the market is still quite cautious given that institutional interest may be the key that makes Ripple truly great. At the time of writing, Ripple coin is changing its price at $0.5403 and has experienced a 1.29% fall from the past twenty four hours.

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Source: TradingView

Until institutional investors get involved, coin seems to be in a state of limbo. Many individuals are still waiting for the charts to indicate a break through the levels. However, the long term potential of the cryptocurrency seems to be precisely connected with how institutions adapt to the increasing demand for the liquidity solutions. With institutional demand pressure, XRP could be eyed to have a massive surge.

XRP 2025 Price Forecast: Potential Growth Predicted Using Market Trends

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Cheeky Crypto has prepared a detailed prediction of XRP’s price in 2025 based on the past and technical analysis. In his recent YouTube video, the analyst paid more attention to the market dynamics and the actions of buyers and sellers rather than the general market narratives or Ripple’s legal challenges. As the primary analytical approach, the Elliot Wave theory has been employed for this prediction.

The analysis explained the historical prices of XRP and focus on the market trends of 2013. The Elliot Wave theory which is a technical analysis basis on the behavior of buyers and sellers was used to predict the future market trends. 

XRP Shows High Liquidity

XRP’s market has been relatively stable since 2022, which means that the market is highly liquid. Liquidity which is always important in the aspect of price stability refer to the condition whereby there are equal buyers and sellers. The analysis showed that prices are relatively constant in liquid markets, while volatility is a more common characteristic of markets with low liquidity.

Moving to the future, the crypto analyst identified 2025 as the possible year of the next rise of XRP according to the tendencies of previous cycles. Like other cryptocurrencies, XRP has had bull market rallies during the U.S. election years. The analysis indicates that 2025 could be like other previous cycles, which means that XRP may experience a big rise. This increase will probably be due to high demand and scarce supply which results to high price.

XRP Price Forecast for 2025

Although some market predictions indicate very high prices, the forecast in this paper was more modest. Applying historical data and the Elliot Wave theory, the expert estimated that by 2025, XRP might trade between $135 and $700. However, the analysis found that such growth need not always be observed within a single bull market cycle. It might be in several cycles to get to these higher prices as we have discussed in this section.

For a more conservative forecast, the analyst predicted that the value of coin could be between $5 and $10 in 2025. This forecast is far less ambitious and depends on the successful outcome of Ripple’s current legal challenge as well as the condition of Ripple’s market demand. As of press time, XRP is trading at $0.5928, down by 5.65% over the last day.

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The report therefore called for continued attention to the markets by investors. However, even though the high-end price targets are still more or less speculative, it is possible to find a rational basis for positive assumptions regarding liquidity and market behavior. The future of XRP particularly in 2025 is to bring in significant returns as an investment for the long-term trader if the trends would follow as seen.

XRP’s Meteoric Rise To $20? Analyst Predicts Massive XRP Breakout

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Popular crypto Analyst Armando Pantoja has predicted that XRP could rise to $20 in the near future. This bold prediction, shared in a recent X post, is based on a number of factors that favor a relatively fast journey to $1 and then to $20.

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Pantoja pointed out that there is a lot of whale action in the XRP market. In the last few weeks alone, institutional investors have bought $84 million of XRP showing high confidence in the token. Whales’ holding such large amounts of tokens has usually been a precursor to major price shifts suggesting that these important investors expect a rise in the price of token.

Also fueling the bullish outlook is the increasing expectations on the approval of an XRP Exchange-Traded Fund (ETF) by 2025. The creation of an ETF will open the door for bigger investors to invest in Ripple and increase the demand for token price. This alone is already adding a positive spin on the market, with investors waiting for more information on the same.

XRP Set For Major Breakout

As for the technical analysis, Pantoja says that Ripple is in a strong bullish run. Popular technical analysis points to the fact that Ripple coin is about to breach major resistances that will lead to a powerful surge in its prices. If these patterns continue, the achievement of $1 is quite possible in the near future, with the $20 level as the next milestone.

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Another factor that has contributed to the growth of XRP is the changing legal framework. The legal dispute between Ripple and the SEC has been rather positive for the token, as more and more the court rulings go in favor of Ripple. This has brought a sense of comfort to the investors since they no longer have to worry about the unclear status of XRP and therefore, has reinforced coin’s presence in the market.

Related: https://www.tronweekly.com/altcoins-set-for-explosive-growth-analyst

Supporting Pantoja’s view, another leading crypto analyst has come with a similar bullish view, anticipating a massive rally that would shock the entire cryptocurrency space. In the opinion of this analyst, $20 is within reach for XRP and could happen in the near future; therefore investors should prepare for big swings.

Armando Pantoja’s views reflecting other analyst’s affirmations, paint a positive picture of XRP in the near future. The whale buying, ETF speculation, the bullish technical indicators, the regulatory the outlook and the ability to withstand the SEC challenges make this a golden opportunity for growth.

XRP Poised For Major Breakout: Could $250 Be Within Reach?

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Famous cryptocurrency analyst, The Great Mattsby, has predicted that the price of Ripple’s XRP may soar to $250 by 2028. This forecast is based on historical analysis, technical analysis, and even symmetry, which shows that the future breakout would be massive.

Mattsby starts his analysis with the Bollinger Bands on the Monthly Chart to clearly depict that the bands are the tightest they have ever been for XRP. Generally, when the bands are this squeezed together, a large price move is anticipated. He points to two previous instances: Such as the period of September 2016 to March 2017, when the price of XRP rose by approximately 50,000-60,000%, and another period with a 1000% rise in price. This current one is even tighter than the previous ones, meaning that a more severe outbreak may be in the offing.

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XRP Poised For Major Breakout?

This prediction is further boosted by the extended period of consolidation that coin has been in. Since the all-time high to the current price it has taken 2,373 days. According to Mattsby, that is an extended period of consolidation together with the tight Bollinger Bands, points to a huge price action.

According to Mattsby, while comparing with other major cryptocurrencies, the Bollinger Bands of Bitcoin and Ethereum are not as tight as the ones of XRP. This puts the Ripple coin in a very good place for a large move higher in his view.

Mattsby also employs Gann’s Square of Nine on logarithmic scale to substantiate his forecast. He outlines certain angles and levels which have governed Ripple in the past including the 45-degree angle which has at one point or the other served as a resistance and support level. At the moment, XRP aligns with this view meaning that there is a possibility of price appreciation.

Hence, if XRP follows the same market pattern and historical trends, the price can easily shoot to $250 by January, 2028. The current status of XRP in the Bollinger Bands is quite compressed, historical price movements and accordance with important levels contribute to the impression of a large breakout.

While $250 may seem like a lofty target, The Great Mattsby argues that historical patterns, technical indicators, and market symmetry make it a realistic possibility for XRP in the coming years. This bold prediction positions Ripple coin as a cryptocurrency to watch closely.

Ripple’s (XRP) Path to Breakout: Analysts Predict 20-30% Surge

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Ripple (XRP) is currently in a sideways trend channel over the medium to long term, most likely implicating that investors are sitting at a historically critical juncture. The technical setup shows that a big move is coming in the market, with possible breakouts giving clear direction.

The ongoing price move sees XRP into sideways action within the boundaries of a rectangle, where strong support is lined up around $0.49 and resistance at $0.52. Decisive price action above this level would come in as a really strong bullish signal, possibly pointing toward a new price trajectory to the upside. It is also trading within the support area of $0.50 and a resistance zone of $0.54.

XRPUSDT 2024 05 20 10 38 06

A clean breakout above this higher resistance would be the indication for a bullish trend with lots of price potentials in advance. At the same time, it reaffirms that the RSI curve is upwards being an early indication of an eventual renewed bullish move thus momentum is building toward later breaking on the upside.

As of now, XRP is trading at $0.517024, with an impressive 24-hour trading volume of $832.58 million and a market cap of $28.59 billion. Despite a slight 1.23% decrease in the last 24 hours, the overall indicators indicate a promising upward movement. 

Analyst Eyes XRP 20-30 Price Surge

Analysts remain highly optimistic about XRP’s future price trajectory despite a short-term decline. Crypto analyst ZAYK Charts has shared a bullish outlook, highlighting that on the 12-hour timeframe, a trendline breakout has already been completed. He anticipates a substantial 20-30% bullish wave for XRP, suggesting that the recent price movements have set the stage for a significant upward trend.

image 30 1

Moreover, Changelly provides an even more optimistic forecast for XRP. According to their latest analysis, Ripple’s value is expected to increase by 28.11%, reaching approximately $0.656012 by May 21, 2024. This projection underscores a strong belief in XRP’s potential to surge in value.

Change­lly’s market analysis tools indicate a nuanced vie­w of Ripple, with a 17% bullish stance. While caution re­mains, there is a notable positive­ outlook. Moreover, the Fe­ar & Greed Index, which tracks inve­stor sentiment, scores 72. This “Gre­ed” score shows investors are­ inclined to purchase and hold XRP, often a sign of an upcoming bullish market movement.

Related Reading |  PEPE Whale’s $4.54M Binance Deposit Triggers 6% Price Drop: Report 

XRP Rebounds from $0.41 Support Level, Analysts Eyes $1.2 – $1.5 Range

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Ripple (XRP) witnessed a significant downturn in line with the broader cryptocurrency market, particularly Bitcoin, retracing to a pivotal support level at $0.41. Following this retracement, XRP demonstrated resilience by rebounding decisively from this critical level. Despite the initial decline, XRP is signalling a potential upward trajectory.

At the time of writing, the current price of XRP is $0.514868. It has a notable 24-hour trading volume of $18.61 billion and a market capitalization of $28.38 billion. Over the past day, XRP has experienced a commendable surge of 5.26%.

XRP 1D graph coinmarketcap 20

Source: CoinMarketcap

Analyst Forecasts XRP Surge to $1.2 – $1.5 Range

Renowned crypto analyst EGRAG CRYPTO recently shared an insightful bullish forecast regarding the price trajectory of XRP, with a particular focus on the pivotal $0.41 level, symbolized by the striking Red Line. Drawing from past analyses, the analyst emphasized the critical significance of the $0.41 threshold, which has consistently demonstrated its importance within the XRP market dynamics.

Despite a recent downturn prompting concerns and interpretations of bearish sentiment, EGRAG CRYPTO presents a contrasting viewpoint, suggesting that this downturn may actually represent a necessary “flush out” phase, potentially serving as a precursor to bullish developments within the XRP ecosystem.

image 39 2

Looking forward with optimism, the analyst foresees a significant upward trajectory for the token, projecting a substantial move towards the price range of $1.2 to $1.5. Following this anticipated surge, there is an expectation for a confirmation of a breakout above the formidable $2 barrier.

These forthcoming movements are anticipated to carry considerable potential gains for investors, with projections indicating the possibility of achieving a remarkable 15X, 27X, or even an astounding 55X increase in XRP value.

Milkybull Crypto, another respected figure in the crypto analysis realm, recently pointed out a striking observation regarding XRP. Comparing the current market situation to a pivotal moment in 2017, Milkybull Crypto suggests that the current price action for the token resembles a crucial trough point.

image 39 1

Drawing parallels with historical trends, especially considering the huge jump in prices in 2017, this analyst hints that this downward trend might represent one last opportunity before an explosive upward move.

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