Based

<p><a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price</a> has experienced significant volatility, recently dropping by 23.7% amid geopolitical tensions and <a href="https://coinpedia.org/news/xrp-case-news-sec-appeal-against-ripple-docketed/" target="_blank" rel="noopener noreferrer nofollow">Ripple’s ongoing legal battle with the SEC</a>. The altcoin attempts to bounce back after hitting a low of $0.506. Key support at the $0.50 level is now critical, and traders are closely watching whether this threshold can fuel XRP’s next upward move.</p>  
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<h2 class="wp-block-heading" id="h-analysts-weigh-in-xrp-performace-in-bull-run"><strong>Analysts Weigh In XRP Performace in Bull Run</strong></h2>  
<p>Prominent analyst EGRAG compares XRP’s consolidation phase to Nvidia’s stock performance, where a remarkable bull run followed Cathie Wood’s early sell-off. EGRAG believes XRP could similarly surprise investors, with the potential for a major rally after this long consolidation. Holding onto XRP now could pay off, mirroring Nvidia’s success after its AI boom.</p>  
<p>In his other X post, EGRAG Crypto also explored the worst-case scenario for XRP during this cycle. He pointed out that despite XRP taking a massive hit when the SEC first filed its lawsuit in December 2020, the asset still managed a 10x rally from its low. Based on this past performance, EGRAG suggests that if a similar situation arises after the SEC appeal, XRP could reach the $5 to $6 range, with the potential to extend up to $6.5, touching the Fibonacci 1.618 level.</p>  
<p>Despite its ongoing legal battle, XRP has remained strong and continues to rank among the top 10 cryptocurrencies by market value. Another factor that boosted XRP confidence is the <a href="https://coinpedia.org/news/xrp-news-santiment-shares-insight-about-bitwises-etp-plan/" target="_blank" rel="noopener noreferrer nofollow">recent filling of Bitwise</a> for an XRP Exchange Traded Product (ETP) on September 30, highlighting the asset’s continued appeal despite the challenges it faces.</p>  
<h2 class="wp-block-heading" id="h-technical-analysis-xrp-s-make-or-break-moment"><strong>Technical Analysis: XRP’s Make-or-Break Moment</strong></h2>  
<p>XRP remains below both its 50-day and 200-day <a href="https://coinpedia.org/traders/exponential-moving-average-ema/" target="_blank" rel="noopener noreferrer nofollow">Exponential Moving Averages</a> (EMAs), signaling continued bearish momentum. However, if it can break above the $0.55 resistance, analysts see a path toward the 200-day EMA and a key resistance at $0.5739. On the downside, a failure to hold the $0.50 support could intensify selling pressure, potentially driving the price down to $0.45 or lower.</p>  
<p>With a 14-day <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noopener noreferrer nofollow">Relative Strength Index</a> (RSI) of 36.16, XRP is nearing oversold territory, which could draw renewed interest from buyers looking for a rebound. Investors are bracing for either a strong breakout or a deeper plunge, making XRP’s next move one to watch closely.</p>  
<p>Is SEC playing with XRP sentiments to constantly pull the triggers to keep it below Bitcoin? We will come to know soon.</p>   [post_titles_links postid="360319"]

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