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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/xrp-price-prediction-will-it-reach-0-9-amidst-market-momentum/">XRP Price Prediction: Will It Reach $0.9 Amidst Market Momentum?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>Remember when XRP soared 60,000% in 12 months, from $0.006 to $3.84? That was pure speculation! Now, with stronger partnerships and real-world utility, the potential is staggering. Is XRP About to Skyrocket to $0.9 Next? Crypto assets got an excellent kick-off in November on a positive note as the market has recorded a stable rise in value. Further, the 5th largest crypto, Ripple Lab’s XRP price, has displayed a significant uptrend in its chart, gaining approximately 16% in value within the past week.</p>
<p>The Ripple Swell 2023, a two-day event inaugurated Yesterday, has created a market frenzy for XRP. This is expected to benefit XRP, as participants will come together and discuss the intricacies of payments and digital currencies.</p>
<h2 class="wp-block-heading" id="strong-xrp-price-predictions-with-whooping-997b-market-cap-strong"><strong>XRP Price Predictions, With Whooping $997B Market Cap</strong></h2>
<p>With a lot going around Ripple, XRP is taking all the cream and showing strong resilience to hit the projected figure of $0.9. XRP is currently trading at $0.6933. EGRAG’s technical factors suggest a potential bullish scenario. It came to light because of XRP’s market capitalization, potentially reaching an all-time high of $997 billion. This would correspond to a price rally propelling XRP to around $18 per coin.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Market Cap $1 Trillion: Just the Beginning!:<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>In the wake of <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> 's previous parabolic ascent, where it skyrocketed by a staggering 100,000%, the current surge of 7% might seem like a mere drop in the ocean. However, let's take a closer look. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a7.png" alt="💧" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Unlike the last… <a href="https://t.co/jYD3gzoEFu" rel="noopener noreferrer nofollow">pic.twitter.com/jYD3gzoEFu</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1722176696487469216?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 8, 2023</a>
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<p>Historically, its market cap was $110.5 million in January 2017, indicating poor valuation. After falling to $0.0030 that month, the cryptocurrency rebounded. An all-time high of $3.3170 followed in January 2018. Market cap rose 140,140% to $128.4 billion. XRP dropped to $4.9 billion in March 2020 and rose to $89.3 billion in April 2021.</p>
<p>If XRP has historically been good, a forecasted $18 number requires more than an 800% growth; only an IPO miracle can do that if Ripple wants to capture the early takers.&nbsp;</p>
<h2 class="wp-block-heading" id="h-current-xrp-position-reveals-january-rally"><strong>Current XRP Position Reveals January Rally?</strong></h2>
<p>XRP holds the fifth position among cryptocurrencies, with a market cap of $37.2 billion. EGRAG’s forecast suggests the possibility of a substantial market cap surge and a significant price rally for XRP. This projection is based on the idea that XRP could recreate the rally it experienced from January 2017 to January 2018, albeit at a slower pace, roughly 7% of the previous appreciation rate.</p>
<p>The starting point for this potential surge was in June 2023, when XRP’s market cap hit $13.87 billion. If XRP’s market cap does increase by a substantial 7,070% from this low point, it could reach a remarkable $997 billion in market cap, translating to an XRP price of $18.6. While this prediction is ambitious, especially in cryptocurrencies, it underscores the potential for significant growth in XRP’s value.</p>

XRP Price Prediction: Will It Reach $0.9 Amidst Market Momentum?

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