Solana

April

Stellar

Cosmos

<div class="finbold"> 
 <p class="paragraph">As the majority of the cryptocurrency industry is starting to recover the losses it suffered during the recent dip, XRP is no exception, recording modest improvements in the last 24 hours, and one cryptocurrency expert believes more significant gains could be in store.</p> 
 <div></div>
 <p class="paragraph">Specifically, the XRP token might be gearing up for a run toward $1, which could send it further upward if it actually manages to surpass this price level, according to the observations shared by the pseudonymous crypto market analyst <em>CoinsKid</em> in two X posts on September 13.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/-50x5daeMdZEOWDRA2Xg0b9Q6Totkd_JkuwHr_scFAJdbjUznltfujaCxZOLDdWB8JB1AxR0lbEZaUywN_X3EOyKZiwp7tU9ukQbDcU9QRJ32uzUI9bjHaLC0V8zqQDqtAlozXLt53H_kjf8EuyRbjg" alt>
  <figcaption class="wp-element-caption">
   <em>XRP price action analysis and prediction. Source: </em><em>CoinsKid</em>
  </figcaption>
 </figure> 
 <p class="paragraph">Furthermore, the expert also explained that XRP taking out the red line above, which is currently acting as resistance, could increase its “chances of taking out the April 2021 high” of $1.8377, or at least leading to a price tag of $1.618 to $1.629, which is why he recommended his followers to “keep an eye on the close this month.”</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh3.googleusercontent.com/gr5LO7jN_0SLLRvJiK76zx8ndrgjzsWBv1OFOq46vTBpeFWisZDY4w0A13YOxNA7lkJ3nEayiN9rO5ndY-c24a1v6W0qRY5wjEqSkPQZukZc3WYITi4EqYr1Joae08qdQlV2TFnIxaw_aIFPTmfQkF8" alt>
  <figcaption class="wp-element-caption">
   <em>XRP price action analysis. Source: </em><em>CoinsKid</em>
  </figcaption>
 </figure> 
 <h2 class="wp-block-heading" id="h-xrp-price-analysis">XRP price analysis</h2> 
 <p class="paragraph">As things stand, XRP is presently trading at the price of $0.4795, indicating an increase of 1.13% on the day as it moves to reverse the loss of 4.33% across the previous week and a more significant decline of 23.69% over the past month, as the charts demonstrate.</p> 
 <figure class="wp-block-image aligncenter">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh4.googleusercontent.com/ueYZfl4VHhkWZGVkg27MTH5pGdEYBDDFtNqsmf_emmI5FYM5WROQIEkoQCl4E2VzaEbczc8nQpef-h0-ARixVcwHrIM6UoMoPZnbWUvUngrXnOvu2JzKABnBeOc_u7wT2fjWtBxc5M2uWPMBpv5XAL0" alt>
  <figcaption class="wp-element-caption">
   <em>XRP 24-hour price chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure> 
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 <p class="paragraph">Meanwhile, popular crypto trader Benjamin Cowen noted that XRP had retraced all of its gains following the legal triumph of blockchain company Ripple over the United States Securities and Exchange Commission (SEC), proving that “narratives do not drive the market, liquidity does.”</p> 
 <p class="paragraph">On the other hand, XRP is one of the top five cryptocurrency projects in terms of their project-quality score calculated from different automatically collected metrics by the GitHub platform and various package managers, following Bitcoin (BTC), Cosmos (ATOM), Stellar (XLM), and Algorand (ALGO), as Finbold reported on September 12.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
 <p class="paragraph"> </p>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/buckle-up-xrp-gears-up-for-1-and-beyond-indicators-suggest-tbt62628.html">https://thebittimes.com/buckle-up-xrp-gears-up-for-1-and-beyond-indicators-suggest-tbt62628.html</a></p>

Buckle up: XRP gears up for $1 and beyond, indicators suggest

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TheBitTimes

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