United

CRYPTO

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/positive-outlook-for-xrp-as-2024-approaches/" data-wpel-link="internal">Positive Outlook for XRP as 2024 Approaches</a><br></p>
<p style="text-align: justify">As 2023 comes to an end and 2024 approaches, XRP (XRP) is showing a positive outlook across all charts. As of this writing, it is trading at the significant price level of $0.63, exciting traders and investors about the potential price ranges it could move in the coming year.</p> 
<h2 style="text-align: justify" id="will-xrp-coin-reach-one-dollar">Will XRP Coin Reach One Dollar?</h2> 
<p style="text-align: justify">Famous cryptocurrency analyst CoinsKid shared a post on December 25th, indicating that surpassing the $0.6998 level could pose a threat to XRP’s perpetual bears. According to CoinsKid’s analysis, the early period of 2024 could still show significant signs of recovery for XRP.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-294810" src="https://coin-turk.com/wp-content/uploads/2023/12/xrp-0-70-ripple.jpg" alt="" width="770" height="353"></p> 
<p style="text-align: justify">Moreover, a positive outcome in the ongoing legal battle between <a href="https://en.coin-turk.com/ripple-case-sec-gives-up/" data-wpel-link="internal">Ripple</a> and the United States Securities and Exchange Commission (<a href="https://en.coin-turk.com/cryptolinks-your-comprehensive-guide-to-navigating-the-cryptocurrency-world/" data-wpel-link="internal">SEC</a>) could trigger an incredible price increase for XRP, possibly even driving it above the $1 price level.</p> 
<p style="text-align: justify">Beyond that, the analysis of a chart shared by another cryptocurrency market analyst, EGRAG CRYPTO (below), supports a scenario where a price between $1.30 and $1.50 could be seen in the near future, reinforcing past targets for the altcoin.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-294811" src="https://coin-turk.com/wp-content/uploads/2023/12/egrag-crypto-18.jpg" alt="" width="769" height="332"></p> 
<h2 style="text-align: justify" id="analysts-xrp-charts">Analysts’ XRP Charts</h2> 
<p style="text-align: justify">Another prominent figure commenting on XRP is analyst Ali Martinez. According to Martinez, XRP could experience a pullback to the midline of the rising parallel channel seen over the last six months, potentially followed by a reversal after a retreat towards the lower boundary around $0.55.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-294812" src="https://coin-turk.com/wp-content/uploads/2023/12/ali-martinez-xrp.jpg" alt="" width="760" height="496"></p> 
<p style="text-align: justify">The famous cryptocurrency analysis and tracking platform CoinCodex’s artificial intelligence (<a href="https://newslinker.co/category/ai/" data-wpel-link="exclude">AI</a>) algorithms suggest that XRP could continue to grow in the future, with a prediction of $0.82 for January 1, 2024. According to CoinCodex data, the price is expected to exceed $1 within the next year and reach $1.33 by December 30, 2024.</p> 
<p style="text-align: justify"><img loading="lazy" decoding="async" loading="lazy" class="aligncenter size-full wp-image-294813" src="https://coin-turk.com/wp-content/uploads/2023/12/december-30-2024.jpg" alt="" width="767" height="264"></p> 
<h2 style="text-align: justify" id="xrp-coin-price">XRP Coin Price</h2> 
<p style="text-align: justify">Meanwhile, XRP is currently trading at $0.63, up 1.61% at the time of writing. It has also seen a 1.59% price increase over the past week and a 5.16% gain compared to the previous month. This complements the 71.45% upward movement seen throughout the year.</p> 
<p style="text-align: justify">Overall, looking at the predictions for XRP’s price, it could increase in 2024. Additionally, it is known that Ripple recently posted a job listing for a Senior Manager of Shareholder Communications, a position typically associated with preparations for an initial public offering. This situation could be supported by significant rumors of positive developments related to Ripple’s potential IPO.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/positive-outlook-for-xrp-as-2024-approaches/" data-wpel-link="internal">Positive Outlook for XRP as 2024 Approaches</a></h5>

Positive Outlook for XRP as 2024 Approaches

Table of Contents

COINTURK NEWS

Other articles published on Dec 27, 2023

Bitcoin Whales Move 12K BTC Amid Chance Of Early Nod To Spot ETF

Congressman Warren Davidson Urges Dismissal of SEC Chair in 2024

Whispers of the Universe: A Journey through SUNDRIES

Bitcoin Price Analysis: Is BTC Price Heading Towards $45k or $40k in the Short Term?

Worldcoin withdraws verification service from Indian market

Anthony Scaramucci Charts Bullish Path for Bitcoin, Expects New All-Time High

Join our free newsletter for daily crypto updates!