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<p>The XRP token has seen intense discussion and debate recently around its near-term price outlook, with predictions spanning continued declines or a major bull run emerging.</p>
<h3 class="wp-block-heading" id="market-analysis">Market Analysis</h3>
<p>Per analysis by altFINS:</p>
<ul>
 <li><strong>Near-term bias</strong>: Bullish</li>
 <li>Possible&nbsp;<strong>swing trade entry</strong>&nbsp;around&nbsp;<strong>$0.55</strong></li>
 <li><strong>Upside targets</strong>&nbsp;of&nbsp;<strong>$0.68</strong>, then&nbsp;<strong>$0.92</strong></li>
</ul>
<p>They note <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has filled the upside gap from its July spike to $0.92, making lower highs in the process to form a downtrend. However, with the price approaching the $0.55 support level confluent with its 200-day moving average, a technical bounce could unfold.</p>
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<h3 class="wp-block-heading" id="conflicting-predictions">Conflicting Predictions</h3>
<p>However, predictions remain mixed from various analysts:</p>
<ul>
 <li>Trader EGRAG <a href="https://twitter.com/egragcrypto/status/1744710286081245301" target="_blank" rel="noopener noreferrer nofollow">sees </a>potential for an explosive&nbsp;<strong>“90-day rally to $5”</strong>&nbsp;as part of a broader bull market unfolding.</li>
</ul>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="436" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-1024x436.png" alt="" class="wp-image-418275" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-1024x436.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-300x128.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-766x326.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-1536x653.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-2048x871.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-353x150.png 353w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-823x350.png 823w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276-788x335.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-276.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<ul>
 <li>Meanwhile, XRP Captain <a href="https://twitter.com/UniverseTwenty/status/1745156648103260569" target="_blank" rel="noopener noreferrer nofollow">highlights </a>major XRP&nbsp;<strong>transfers</strong>&nbsp;between exchanges, suggesting&nbsp;<strong>“someone knows something huge”</strong>&nbsp;that could pump prices.</li>
</ul>
<p>On the other hand, the altFINS assessment points to a still-intact downtrend in place in the short and medium-term timeframes. And with bearish momentum signals persisting, they appear more guarded against calling a new bull run already underway.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-1024x573.png" alt="" class="wp-image-418266" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-768x430.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-275.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>So XRP may remain at a crossroads currently, with its next directional move potentially significant in either confirming or denying the early bullish prognostications. The cluster of technical support around $0.50 to $0.55 could be an inflection zone to watch before a lasting trend becomes clear.</p>
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<p>The post <a href="https://captainaltcoin.com/analyst-predicts-xrps-potential-surge-to-5-amidst-significant-whale-activity/" rel="noopener noreferrer nofollow">Analyst Predicts XRP’s Potential Surge to $5 Amidst Significant Whale Activity</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Predicts XRP’s Potential Surge to $5 Amidst Significant Whale Activity

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