Token

Read

Time

<ul>
 <li>Ripple’s XRP catches analyst eyes as the price chart prints bullish signals.</li>
 <li>Analysts find major breakout potential that could send XRP price above $1.</li>
 <li>This breakout can trigger the mega bull run for XRP price sending it to double digit ATH.</li>
</ul>
<p>The exciting rush of the golden bull run has brought upon great expectations for Bitcoin and altcoin prices. Some altcoin in particular, have been waiting a lot longer than others. Specifically, <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>’s XRP has been waiting more than two cycles for its long overdue mega bullish breakout.</p>
<p>According to many analysts this mega breakout should take place in the golden bull run this cycle. The delay for <a href="https://ripple.com/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> so far has been due to its long battle with the SEC. Now with the final verdict more closer than ever, along with regulatory clarity for XRP, it seem now is the right time for the long-awaited XRP price boom.</p>
<p>More interestingly, it seems that the XRP price chart is mimicking the positive sentiments of the crypto community. For instance, over the last few months many analysts have been sharing very bullish predictions for XRP price. Thi <a href="https://cryptonewsland.com/crypto-ceo-forecasts-xrps-surge-to-22-in-upcoming-bull-run/" target="_blank" rel="noopener noreferrer nofollow">new ATH price for XRP</a> ranges between $7, $22, <a href="https://cryptonewsland.com/when-will-xrp-surpass-220-and-set-its-sights-on-the-500-milestone/" target="_blank" rel="noopener noreferrer nofollow">$220, and higher</a>.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> BREAKOUT IS LONG OVERDUE <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Several Technical Indicators Showing This Project Is Set To Explode In The Summer Of 2024…<a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Has A Unique Advantage As The ONLY Digital Asset With Legal Clarity In The USA !! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Expecting Crypto Market Cap. To Peak By Q4 2024/Q1 2025… <a href="https://t.co/N0YaghdIAU" rel="noopener noreferrer nofollow">pic.twitter.com/N0YaghdIAU</a></p>— Good Morning Crypto (@AbsGMCrypto) <a href="https://twitter.com/AbsGMCrypto/status/1795313293961126347?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 28, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>In line with these expectations, the XRP price chart is printing bullish signals drawing the attention of crypto and XRP analysts everywhere. To highlight, one analyst mentions that the long overdue XRP breakout will likely take place in the summer of 2024. This means the start of the bull spike could happen within the next three months.</p>
<p>The analyst also goes on to say that the crypto market will peak between Q4 of 2024 and Q1 of 2025. This will likely see the market cap at $5 trillion in their opinion. Following his train of throught, the big wave for XRP will begin in summer and keep climbing into the price discovery phase until it sets a new ATH during the cycle peak.</p>
<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"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Genuine Wake-Up Line (UPDATE):<br><br>This post is divided into two exciting sections:<br><br>Section 1: Break-out <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>The "White Triangle" break-out is aligning perfectly with our previous charts and the Fib 0.702 – 0.786 levels. The measured move is projected to be between $1.2 – $1.5.… <a href="https://t.co/9eQlnnFM13" rel="noopener noreferrer nofollow">https://t.co/9eQlnnFM13</a> <a href="https://t.co/HqsdESlE1O" rel="noopener noreferrer nofollow">pic.twitter.com/HqsdESlE1O</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1794996637418299677?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 27, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Meanwhile, another crypto analyst, the popular Egrag Crypto also notes the rising bullish signs in XRP price charts. He calls this the Genuine Wake-Up Line and explains how the breakout aligns perfectly with previous chart breakouts. This breakout could shoot the price of XRP to $1.2-$1.5.</p>
<p>He then marks the critical breakout point to $0.7-$0.75 and hopes the XRP bulls can get the asset to the other side. When this breakthrough takes place, he believes XRP will begin its mega run with a double digit price as its ATH target.&nbsp;&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/axie-infinity-conducts-lunacian-summer-breeding-event/" rel="noopener noreferrer nofollow">Axie Infinity Conducts Lunacian Summer Breeding Event</a></li>
 <li><a href="https://cryptonewsland.com/top-10-best-crypto-presales-to-invest-in-april-2024-for-30000x-roi/" rel="noopener noreferrer nofollow">Top 10 Best Crypto Presales to Invest in April 2024 for 30,000x ROI</a></li>
 <li><a href="https://cryptonewsland.com/holos-hot-token-on-the-rise-predicting-a-surge-beyond-0-006905-in-2024/" rel="noopener noreferrer nofollow">Holo’s HOT Token on the Rise: Predicting a Surge Beyond $0.006905 in 2024</a></li>
 <li><a href="https://cryptonewsland.com/ethereum-whales-mega-accumulation-spurs-11-price-surge/" rel="noopener noreferrer nofollow">Ethereum Whales’ Mega Accumulation Spurs 11% Price Surge</a></li>
 <li><a href="https://cryptonewsland.com/polkafantasys-new-nft-marketplace-aimee-features-exclusive-collection-from-mega-mans-beastroid/" rel="noopener noreferrer nofollow">PolkaFantasy’s New NFT Marketplace aimée Features Exclusive Collection from Mega Man’s “Beastroid”</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ripples-xrp-price-chart-prepares-for-hot-token-summer-has-the-time-finally-come-for-xrp-price-to-100x/" rel="noopener noreferrer nofollow">Ripple’s XRP Price Chart Prepares for Hot Token Summer, Has the Time Finally Come for XRP Price to 100x?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple’s XRP Price Chart Prepares for Hot Token Summer, Has the Time Finally Come for XRP Price to 100x?

Crypto News Land

Other articles published on May 28, 2024

Analysts Predict Significant Outflows from Grayscale’s ETHE Following Final ETF Approval

Gaming Tokens Surge! Will The Crypto Gaming Rally Continue This Week?

Tangem Wallet Review: Is it Right for You?

Mt. Gox Moves 42,830 BTC After Five-Year Dormancy

Most Trending Cryptocurrencies on Polygon – Calvaria: DoE, Medius Token, Legends of Elysium

Vitalik Buterin claws back crypto community's right to redefine 'inflation'

Join our free newsletter for daily crypto updates!