Ripple’s XRP to Soar: Key Indicator Suggests New $10 is the New XRP Price Prediction

The post Ripple’s XRP to Soar: Key Indicator Suggests New $10 is the New XRP Price Prediction appeared on BitcoinEthereumNews.com. XRP, the payments-focused cryptocurrency, has been making waves in the crypto market with an impressive rally, climbing over 600% since November and hitting a high of $3.40—its strongest performance since 2017. As the third-largest cryptocurrency by market capitalization, XRP has demonstrated remarkable resilience despite broader market volatility. Analysts and industry experts are optimistic about its future trajectory, citing technical indicators and growing investor interest as key drivers. XRP Rallies Amid Bullish Indicators According to a recent analysis, XRP is ready for a big move to the upside. For example, independent market analyst LbiDefi pointed out that XRP’s RSI has bounced off the pivotal 50, a move often seen as the first sign of a bullish trend. Besides, the cryptocurrency has reclaimed its daily moving average ribbon, which could indicate very strong support for upward price action. Key indicators suggest a potential bullish rally ahead for XRP. Source:LbiDefi via X Also, another key indicator, the On-Balance Volume, has broken out to further reinforce the bullish view. “The technical charts for XRP look exceptionally promising,” LbiDefi stated. Analysts forecast XRP could climb to new record highs of $10.22 and $18.22 in the near future. Source:LbiDefi via X Adding to the optimism, analyst Dark Defender identified Fibonacci levels aligning with Elliott Wave patterns, reminiscent of XRP’s historic rally in 2017. Dark Defender predicts that XRP could achieve new all-time highs of $10.22 and $18.22 in the near term, marking significant growth from its current levels. XRP Tops Coinbase Trading Volume XRP has also become the most traded cryptocurrency on Coinbase and has even outperformed BTC and ETH trading volumes. It has been speculated that U.S. investor interest in XRP is for several reasons, which include the possible greenlighting of a spot XRP ETF. The growing interest has seen XRP outpace Bitcoin in Google…

Jan 19, 2025 - 00:00
 0  0
Ripple’s XRP to Soar: Key Indicator Suggests New $10 is the New XRP Price Prediction

The post Ripple’s XRP to Soar: Key Indicator Suggests New $10 is the New XRP Price Prediction appeared on BitcoinEthereumNews.com.

XRP, the payments-focused cryptocurrency, has been making waves in the crypto market with an impressive rally, climbing over 600% since November and hitting a high of $3.40—its strongest performance since 2017. As the third-largest cryptocurrency by market capitalization, XRP has demonstrated remarkable resilience despite broader market volatility. Analysts and industry experts are optimistic about its future trajectory, citing technical indicators and growing investor interest as key drivers. XRP Rallies Amid Bullish Indicators According to a recent analysis, XRP is ready for a big move to the upside. For example, independent market analyst LbiDefi pointed out that XRP’s RSI has bounced off the pivotal 50, a move often seen as the first sign of a bullish trend. Besides, the cryptocurrency has reclaimed its daily moving average ribbon, which could indicate very strong support for upward price action. Key indicators suggest a potential bullish rally ahead for XRP. Source:LbiDefi via X Also, another key indicator, the On-Balance Volume, has broken out to further reinforce the bullish view. “The technical charts for XRP look exceptionally promising,” LbiDefi stated. Analysts forecast XRP could climb to new record highs of $10.22 and $18.22 in the near future. Source:LbiDefi via X Adding to the optimism, analyst Dark Defender identified Fibonacci levels aligning with Elliott Wave patterns, reminiscent of XRP’s historic rally in 2017. Dark Defender predicts that XRP could achieve new all-time highs of $10.22 and $18.22 in the near term, marking significant growth from its current levels. XRP Tops Coinbase Trading Volume XRP has also become the most traded cryptocurrency on Coinbase and has even outperformed BTC and ETH trading volumes. It has been speculated that U.S. investor interest in XRP is for several reasons, which include the possible greenlighting of a spot XRP ETF. The growing interest has seen XRP outpace Bitcoin in Google…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow