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<p>The post <a href="https://coinpedia.org/price-analysis/ripple-news-xrp-price-poised-to-surge-above-1-if-this-happens/" rel="noopener noreferrer nofollow">Ripple News: XRP Price Poised to Surge Above $1 If This Happens</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With Bitcoin taking a dip recently, altcoins like XRP are gearing up for a comeback this weekend. XRP is hovering around $0.6, and analysts are eyeing a push to reach $1 by December’s end. If that happens and ETFs get approved, it could mean big gains for XRP in a market filled with fake hype and speculations. Before that here’s analyst bullish theory on XRP price despite the recent drop.&nbsp;</p>
<h2 class="wp-block-heading" id="h-xrp-price-to-hit-5-in-two-weeks-if-this-happens"><strong>XRP Price to hit $5 in two weeks, If this happens</strong></h2>
<p>Looking at the current scenario, EGRAG, a market analyst, has yet again stirred considerable buzz by boldly <a href="https://x.com/egragcrypto/status/1735194218585370936?s=20" rel="noopener noreferrer nofollow">predicting </a>a significant surge for XRP, estimating it might reach $5.5 within two weeks. This forecast builds upon prior analyses, identifying a crucial downward trendline XRP had consistently stayed below since 2018. When XRP broke past this line in July, it briefly soared to $0.93, fulfilling earlier projections.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> 3 Targets <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3af.png" alt="🎯" class="wp-smiley" style="height: 1em; max-height: 1em;">:<br><br>Curious about the specifics? Check out the May 2022 post for all the details:<a href="https://t.co/CGLMB7CgGi" rel="noopener noreferrer nofollow">https://t.co/CGLMB7CgGi</a><br><br>Target 1: 0.85 – 1$ (Completed)<br>Target 2: $ 5.5 (Might be achieved in two weeks)<br>Target 3: $ 6.4 (Fib 1.618 will be extended wick)<a href="https://twitter.com/hashtag/XRPArmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPArmy</a> STAY STEAD and… <a href="https://t.co/vTYMwxFbA1" rel="noopener noreferrer nofollow">pic.twitter.com/vTYMwxFbA1</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1735194218585370936?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 14, 2023</a>
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<p>Despite a subsequent dip, EGRAG is confident about XRP hitting the $5.5 mark soon. However, this ambitious forecast has sparked skepticism among the XRP community, considering the cryptocurrency’s recent lackluster performance during market rallies. Nonetheless, EGRAG remains steadfast in advocating for a long-term investment approach, dismissing short-term market fluctuations as attempts to unsettle seasoned investors.</p>
<h2 class="wp-block-heading" id="h-can-xrp-break-the-crucial-level"><strong>Can XRP Break the Crucial Level?</strong></h2>
<p>Currently trading at $0.6314, XRP faces a challenging climb to meet the predicted $5.5 target, necessitating a whopping 771% surge. Obstacles lie ahead, particularly the $0.7528 level, posing as a significant resistance point.</p>
<p>Although while decoding XRP’s indicators, the Commodity Channel Index (CCI) noted a potential shift towards bullish momentum following a recent decline. Plus, XRP’s 24-hour volume has seen a 10% increase, signaling heightened market activity. Having said that, EGRAG’s bold prediction, while met with skepticism, fuels anticipation within the XRP community, marking an intriguing phase for the cryptocurrency in January 2024.&nbsp;</p>
<h2 class="wp-block-heading" id="h-what-s-next-for-xrp-price"><strong>What’s Next for XRP Price?&nbsp;</strong></h2>
<p>XRP faces a crucial path to reclaim its position as the 3rd largest cryptocurrency. The coin’s price hinges significantly on the outcome of its legal battle with the U.S. SEC. Earlier this year, a positive ruling led to a surge in price to $0.96, affirming Ripple’s partial victory. If Ripple secures a favorable verdict during a bullish market, experts anticipate XRP could soar beyond $2.</p>
<p>Based on EGRAG’s past analysis, there’s a projection that XRP could surge to $27, representing a staggering 40x increase from its current value of $0.66. Such a surge might elevate Ripple’s market cap, potentially surpassing Tether (USDT) in the rankings. This signals a pivotal moment for XRP’s trajectory and its position in the crypto market.</p>

Ripple News: XRP Price Poised to Surge Above $1 If This Happens

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