Satoshi

United

Elite

Coil

<p>XRP&nbsp; seems poised for a price surge, as its current price action exhibits a coiling pattern that typically precedes substantial bullish momentum. This pattern, characterized by tightening trading ranges and converging price movements, strongly indicates an imminent breakout.</p>
<p>Notably, declining trading volumes further reinforce the likelihood of a continuation in XRP’s upward trajectory, potentially propelling its value well beyond the $20 mark.</p>
<h2 class="wp-block-heading" id="strong-xrp-price-prediction-and-analysis-strong"><strong>XRP Price Prediction and Analysis</strong></h2>
<p>Javon Marks, a top crypto analyst,<a href="https://x.com/JavonTM1/status/1802692469814968799" target="_blank" rel="noopener noreferrer nofollow"> has analyzed XRP’s price action</a>, identifying the telltale signs of a coiling pattern. He notes, <em>“Prices are currently maintaining its Coil pattern and is giving almost every bullish signal within this pattern to forecast a massive bullish breakout while at support.”</em>&nbsp;</p>
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcX4PK2HkvCBNP0xeW_lNAMwK1pgrflgyGveFozzgWBckXFrzNjGdMIijd7NYfKoHE3kRW5P9Su33S-A5DTeCbOzC-VbWcqNjIMQTshN3ZLfpYM32qHL31649Q16zbEO5Ug9ToJa-EQrpb4EczhisBSPGGG?key=iP-v8R6YuxR05r7PGdwWyw" alt="" style="width: 100%;height:auto">
</figure>
<p>This observation underscores the strength of the underlying bullish momentum, as XRP’s price consolidates near crucial support levels.</p>
<p>Moreover, Egrag Crypto, another crypto analyst,<a href="https://x.com/egragcrypto/status/1802592703055606226" target="_blank" rel="noopener noreferrer nofollow"> envisions a future where XRP’s current prices</a> are seen as stepping stones. Egrag Crypto suggests that future investors will view <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> as stagnant around $50 instead of $0.50.&nbsp;</p>
<p>They predict that people will say XRP only moved from $50 to $200. This sentiment highlights XRP’s potential to surpass its previous all-time highs, reflecting expected exponential growth in the crypto space.</p>
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeKOfXlEZUscGngwXVaKje5iPCzRSBX3njYzVzj2zngnAYJQWyMCbv5CviYB3bSgww5wbnHyCFwQTjnCgn1y84Z7pZbC3kkj9Rgi2Z-lhS4Mhu1Y26S1R_ax7UKaQHenP7OxX-x0J78If14UbyHWvALiE8F?key=iP-v8R6YuxR05r7PGdwWyw" alt="" style="width: 100%;height:auto">
</figure>
<p>Crypto Rand, while not a vocal supporter of XRP,<a href="https://x.com/crypto_rand/status/1802678348964942071" target="_blank" rel="noopener noreferrer nofollow"> acknowledges the digital asset’s resilience,</a> noting its ability to maintain strength on key horizontal support levels. This recognition from a more impartial observer further bolsters the credibility of XRP’s bullish outlook.</p>
<h2 class="wp-block-heading" id="strong-xrp-s-fundamental-strengths-fuel-bullish-sentiment-strong"><strong>XRP’s Fundamental Strengths Fuel Bullish Sentiment</strong></h2>
<p>Brett Hill, a crypto analyst, <a href="https://x.com/Brett_Crypto_X/status/1802688844585656501" target="_blank" rel="noopener noreferrer nofollow">has highlighted XRP’s numerous fundamental strengths</a>, which could catalyze its ascent. Among these strengths, he cites XRP’s status as a digital asset officially recognized as not being a security, an achievement that provides legal clarity in the United States.&nbsp;</p>
<p>Furthermore, Hill emphasizes XRP’s practical real-world applications, its utilization of the exceptional XRPL technology, and its established partnerships with influential banks and corporations.</p>
<p>Additionally, Hill commends XRP’s efficiency as a method for transferring funds globally, noting its strong community support and the expertise of the brilliant minds at Ripple. He concludes that XRP’s significance renders it too critical to risk failure, positioning it as the ultimate solution for handling financial needs.</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="noopener noreferrer 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="noopener noreferrer 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>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/elite-analyst-sets-this-bitcoin-btc-price-target-foresees-pepe-meme-coin-surge-in-2024-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Elite Analyst Sets This Bitcoin (BTC) Price Target, Foresees PEPE Meme Coin Surge in 2024 – Here’s His Outlook</em></strong></a></p>
<p>Despite XRP’s prolonged consolidation phase, the crypto community’s conviction remains solid. Egrag Crypto urges the “#XRPArmy” to stay steadfast. He emphasizes that we live in an exponential age, where previous models no longer apply due to the fourth industrial revolution.</p>
<p><em><strong>Join&nbsp;<a href="https://captainaltcoin.com/go/aethir/" target="_blank" rel="noopener noreferrer nofollow">Aethir’s exclusive airdrop</a>&nbsp;and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</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="noopener noreferrer nofollow"> <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-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <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="noopener noreferrer nofollow"> 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/xrp-price-prediction-why-analysts-are-bullish-on-ripples-next-move/" rel="noopener noreferrer nofollow">XRP Price Prediction: Why Analysts Are Bullish on Ripple’s Next Move</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

XRP Price Prediction: Why Analysts Are Bullish on Ripple’s Next Move

Table of Contents

CaptainAltcoin

Other articles published on Jun 17, 2024

Zilliqa Focuses on Scalability and Security in Blockchain

HODL or Sell? 4 Solana Meme Coins For Tech Savvy Investors

MoonBag Presale Rockets over $2M: Leaving Dogwifhat and Bonk in the Dust

GoDaddy Launches AI Domain Search Tool for Business Domains

Are Bitcoin ETFs falling out of favor? June’s market shocker

Telecom Giant Deutsche Telekom Plans to Mine Bitcoin

Join our free newsletter for daily crypto updates!