Future

FOMO

<p>Ripple (XRP) dominance, a measure of XRP’s market share relative to the total cryptocurrency market capitalization, has experienced a significant decline of nearly 70% since the July pump. </p> 
<p>However, according to analyst <a href="https://twitter.com/egragcrypto/status/1784847754981736772" target="_blank" rel="noreferrer noopener nofollow">EGRAG Crypto</a>, while a final shakeout might see XRP dominance dip into the Yellow Box, subsequent events could be explosive.</p> 
<h2 class="wp-block-heading" id="fib-0-702-level-the-beginning-of-a-new-era">Fib 0.702 Level: The Beginning of a New Era?</h2> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="447" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-1024x447.png" alt="" class="wp-image-483867" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-1024x447.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-300x131.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-767x335.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-1536x671.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-2048x894.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-343x150.png 343w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-801x350.png 801w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323-788x344.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1323.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>EGRAG Crypto is highly convinced that hitting the Fibonacci 0.702 level is just the beginning of XRP dominance. Once this level is reached, the analyst plans to initiate a dollar-sell average strategy, suggesting a bullish outlook for <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank">XRP</a>. The XRP Army is advised to stay steady during this period, as the potential for significant growth looms on the horizon.</p> 
<h2 class="wp-block-heading" id="xrp-s-price-potential-9-10-range">XRP’s Price Potential: $9-$10 Range</h2> 
<p>According to Brad Garlinghouse, the CEO of Ripple, XRP has the potential to capture 10% of the projected $5 trillion total cryptocurrency market capitalization. If this scenario materializes, EGRAG Crypto estimates that XRP’s price could reach around $9–$10, representing a substantial increase from its current levels.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<h2 class="wp-block-heading" id="technical-analysis-key-levels-and-indicators">Technical Analysis: Key Levels and Indicators</h2> 
<p><a href="https://twitter.com/CasiTrades/status/1784930420762476630" target="_blank" rel="noreferrer noopener nofollow">CasiTrades</a>, another prominent analyst, has provided an update on XRP’s technical outlook. Over the weekend, XRP retraced to the critical levels discussed in their previous analysis, with three levels of degrees landing at key Fibonacci levels. The RSI (Relative Strength Index) is also showing signs of a bullish divergence, indicating a potential reversal in the price trend.</p> 
<p>With Bitcoin (BTC) reaching support levels, the stage is set for a local bottom in XRP’s price. However, key resistance still exists at $0.53, aligning with the 0.236 Fibonacci retracement level. Traders are looking for a close above this level and support building on top of the purple resistance line to confirm a bullish reversal.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="639" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-1024x639.png" alt="" class="wp-image-483876" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-1024x639.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-300x187.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-767x479.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-1536x959.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-2048x1279.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-240x150.png 240w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-560x350.png 560w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324-788x492.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1324.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<h2 class="wp-block-heading" id="the-road-ahead-sideways-movement-market-crash-and-fomo">The Road Ahead: Sideways Movement, Market Crash, and FOMO</h2> 
<p>EDO FARINA, a well-known analyst, has <a href="https://twitter.com/edward_farina/status/1783649190343741776" target="_blank" rel="noreferrer noopener nofollow">shared</a> their outlook on XRP’s future. They expect XRP to move sideways through May, followed by a 70% market crash that will also impact XRP’s price. During this period, many investors may believe that XRP is entering a bear market.</p> 
<p>However, the analyst predicts that in Q2 2025, the SEC vs. Ripple lawsuit will officially conclude, leading to XRP becoming the standard currency. This development is expected to trigger a massive FOMO (Fear Of Missing Out) event, propelling XRP’s price to $100 and beyond.</p> 
<p>The recent shakeout in XRP Dominance has raised questions about the future of XRP. However, analysts remain optimistic about the cryptocurrency’s long-term prospects. With key levels and indicators suggesting a potential reversal, and the anticipated resolution of the SEC vs. Ripple lawsuit, XRP could be poised for explosive growth in the coming years.</p> 
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram community.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/ripple-dominance-drops-70-since-july-pump-analyst-shares-insights-on-xrps-future/">Ripple Dominance Drops 70% Since July Pump: Analyst Shares Insights On XRP’s Future</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Ripple Dominance Drops 70% Since July Pump: Analyst Shares Insights On XRP’s Future

Table of Contents

CaptainAltcoin

Other articles published on Apr 29, 2024

Top Crypto Gainers Today Apr 29 – Lido DAO, Internet Computer, Picasso, Monero

Sam Altman’s OpenAI Faces Legal Hurdle In EU Over False Information

Just-In: Crypto Firm Partners Harvest To Bring Hong Kong ETFs to Singapore

Australia’s top exchange may approve spot Bitcoin ETFs this year: Report

Terra Classic Community to Vote on Key Validator Rule

Collaborative Security: How Arbitrum Assisted Optimism in Addressing a Critical Vulnerability

Join our free newsletter for daily crypto updates!