Rally

2024

CRYPTO

<div class="watcher-guru">  
 <p><a rel="dofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token has faced a steep correction in the weekly charts, falling over 9.1%. Moreover, the cryptocurrency is down by almost 7% over the previous month. Nonetheless, XRP is still up by 65.5% since January 2023. </p> 
 <figure class="wp-block-image size-large">
  <img decoding="async" width="1024" height="62" src="https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp" alt class="wp-image-123714" srcset="https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 1024w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 300w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 768w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 1536w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 2048w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 380w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 550w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 800w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 1160w, https://cdn.thebittimes.com/images/2024/01/08/11d73cbb9df261918206a1d5c2634f90.webp 2390w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CoinGecko
  </figcaption>
 </figure> 
 <p>However, despite the recent correction, analyst Egrar Crypto believes XRP can rally 40x. The analyst highlights how the token rallied 20x in the previous cycle despite <a rel="dofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> facing a lawsuit from the US SEC (Securities and Exchange Commission). This time, Egrag Crypto believes, with more legal clarity, XRP could rally 40x or 50x. </p> 
 <p><strong>Also Read: Ripple: Will XRP Reclaim its All-Time High of $3.40 in 2024?</strong></p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div> 
 </div> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">#XRP 40X EASY:<br><br>Last cycle, despite the pesky #SEC lawsuit, #XRP surged almost 20X. This time, with its unparalleled legal regulatory clarity, the potential for a 40X or even 50X boom seems promising! <br><br>Let's crunch some numbers from the cycle low to visualize the possibilities:… pic.twitter.com/SayC9gsJkv</p>— EGRAG CRYPTO (@egragcrypto) January 3, 2024
   </blockquote> 
  </div>
 </figure> 
 <p>A 40x growth from current levels would take XRP’s price to about $11, growing more than 1800%. On the other hand, a 50x growth would take the token to $14, a growth of over <a rel="dofollow" title="2350%" href="https://thebittimes.com/tag/2350.html">2350%</a> from current levels. </p> 
 <h3 class="wp-block-heading" id="h-when-can-ripple-s-xrp-surge-to-11-or-14">When can Ripple’s XRP surge to $11 or $14?</h3> 
 <figure class="wp-block-image size-full">
  <img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp" alt="XRP" class="wp-image-122389" srcset="https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 1024w, https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 300w, https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 768w, https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 380w, https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 550w, https://cdn.thebittimes.com/images/2024/01/08/a2e18855b6a36e39fdf4415021eea71c.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source – AscendEX
  </figcaption>
 </figure> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <p>XRP still faces some regulatory uncertainty, given that the SEC vs. Ripple lawsuit has entered the high court. The asset’s price will likely not rally to such highs without the high court ruling. Ripple received a favorable ruling from a district court, which said that selling XRP to retail clients did not breach securities laws. There is a chance that the high court will take a similar stance. In such a scenario, we may see a sudden surge in XRP’s price. </p> 
 <p><strong>Also Read: <a rel="dofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>: ChatGPT Explains How XRP Can Rally 560% to $4 in 2024</strong></p> 
 <p>According to Changelly, XRP won’t breach $11 till at least 2031. Moreover, the platform anticipates XRP to hit $14 sometime between 2031 and 2032. </p> 
 <p>Telegaon also paints a similar picture for XRP. The platform anticipates XRP to hit $10 in 2030 and $11 and $14 sometime between 2030 and 2035. </p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div> 
 </div> 
 <p>However, if we enter a 2021-like bull run this year, we may see <a rel="dofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP hit new highs sooner than previously anticipated. </p> 
</div> 
<div class="cs-entry__tags">
 <ul>
  <li>Ripple</li>
  <li>xrp</li>
 </ul>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/ripple-expert-predicts-2350-rally-for-xrp-could-reach-14-tbt75850.html">https://thebittimes.com/ripple-expert-predicts-2350-rally-for-xrp-could-reach-14-tbt75850.html</a></p>

Ripple: Expert Predicts 2350% Rally for XRP, Could Reach $14

Table of Contents

TheBitTimes

Other articles published on Jan 8, 2024

Solana Price Prediction as Total Value Locked Declines by 20% – Is Demand for SOL Weakening?

How to Buy Hive Coin?

Analyst Warns Of Altcoin Turbulence Ahead Of Bitcoin ETF Approval

Core Scientific Closes $55 Million Equity Offering for Bitcoin Mining Operations

Find Satoshi Lab’s Web3 Social Strategy Game Gas Hero Tops NFT Sales

EXGOLAND: A Developer’s Paradise in the Metaverse

Join our free newsletter for daily crypto updates!