Ethereum

Coin

<ul> 
 <li>Multiple crypto analysts predict that XRP’s price could hit $5 by 2024.</li> 
 <li>One of the analysts believes the remittance token’s price could climb as high as $50.</li> 
 <li>At press time, XRP was trading hands at $0.4686 after a 1.59% price drop.</li> 
</ul> 
Over the past few weeks, multiple crypto traders and analysts predicted that <a href="https://coinedition.com/tag/ripple-xrp/">Ripple’s (XRP)</a> price could hit $5 by 2024. In one tweet a crypto analyst stated that people should not underestimate the only cryptocurrency that was able to surpass Ethereum (ETH) in market cap. 
In response to this tweet, another analyst stated that although XRP may not hit $100 or $50 after its lawsuit with the SEC, he still believes that the remittance token will hit $5, which is still a major feat. Meanwhile, the analyst EGRAG CRYPTO also shared his predictions for <a href="https://coinedition.com/ripple-xrp-price-prediction/">XRP’s price</a> in a tweet earlier this month. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img decoding="async" width="512" height="230" src="https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4.png" alt="" class="wp-image-304638" srcset="https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4.png 512w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-300x135.png 300w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-313x141.png 313w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-380x171.png 380w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-127x57.png 127w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-159x71.png 159w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-255x115.png 255w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-440x198.png 440w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-414x186.png 414w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-326x146.png 326w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-377x169.png 377w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-328x147.png 328w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-144x65.png 144w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-123x55.png 123w, https://coinedition.com/wp-content/uploads/2023/06/XRP-1-4-129x58.png 129w" sizes="(max-width: 512px) 100vw, 512px">
 <figcaption class="wp-element-caption">
 XRP / US Dollar 1W (Source: Twitter)
 </figcaption>
 </figure>
</div> 
According to the analyst, XRP will remain in the accumulation zone until it breaks through the lower yellow region. He added that “Conviction will be necessary for XRP to enter the white area. Until then, a drag is possible until Q1 2024.” 
Nevertheless, EGRAG CRYPTO believed there was still po…
The post <a rel="nofollow" href="https://coinedition.com/multiple-crypto-analysts-predict-xrps-price-may-surge-to-5/">Multiple Crypto Analysts Predict XRP’s Price May Surge To $5</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Multiple Crypto Analysts Predict XRP’s Price May Surge To $5

Coin Edition

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