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 <p><a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token has had quite a year in 2023. Since January, XRP’s price has rallied by about 87%. Although the growth is small compared to others, such as Solana’s (SOL) over 1000% growth and Bitcoin’s (BTC) nearly 160% growth in the same time frame, XRP continues to see an increase in adoption and price. Moreover, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP might just be gearing up for another big rally.</p>
 <p><strong>Also Read: Ripple XRP Forecasted To Surpass its ATH of $3.40, Here is When</strong></p>
 <p>According to crypto analyst Egrag Crypto, XRP could hit $1.2 in a maximum of 55 days. The analyst points out that XRP did not breach the $0.9399 resistance after <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s partial victory in its lawsuit against the US SEC (Securities and Exchange Commission). This resistance level kept the token from breaching the $1 mark earlier this year.</p>
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    <p lang="en" dir="ltr">#XRP Targeting 🎯 $1.2 in a Maximum of 55 Days! 🚀:<br><br>If the blue fractal unfolds, it'll signal an impending, rapid short-term surge on the horizon! 🌀📈<br><br>While 90% may feeling frustrated from #XRP’s current state, imagine the potential if it dips to 0.55-0.50c. Paper hands might… pic.twitter.com/RB5RJMrCoF</p>— EGRAG CRYPTO (@egragcrypto) December 24, 2023
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 <p>According to Egrag Crypto’s estimates, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> XRP could rally to a high of $1.2 in early 2024. Reaching a price of $1.2 would translate to a growth of about 90% from current levels.</p>
 <h3 class="wp-block-heading" id="h-could-ripple-s-xrp-token-face-a-correction">Could Ripple’s XRP token face a correction?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp" alt="XRP" class="wp-image-121139" srcset="https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 1024w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 300w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 768w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 1536w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 380w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 550w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 800w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 1160w, https://cdn.thebittimes.com/images/2023/12/27/f39d419e0505db7d4b092300cdd3f5c2.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source – The Coin Republic
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 <p>Egrag Crypto notes that XRP could drop to around $0.55 or $0.50. However, the analyst says that the dip in price would fuel the rally to the $1.2 mark. Dropping to $0.50 is a fall of about 20% from current levels.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>: Here’s Why XRP Could Hit an All-Time High in 2024</strong></p>
 <p>However, one of the biggest drivers for XRP’s price will be a favorable verdict in the SEC vs. <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> lawsuit, which has now entered the US high court. The US SEC (Securities and Exchange Commission) sued the fintech company in 2020 for the alleged breach of securities laws. However, a district court ruled that selling XRP to retail customers did not breach securities laws.</p>
 <p>Furthermore, there is a probability that the crypto market will enter a bull run in 2024, fuelled by the high chance of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) approval and BTC’s halving event in April.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-s-xrp-to-rally-90-and-hit-1-20-predicts-analyst-tbt74817.html">https://thebittimes.com/ripple-s-xrp-to-rally-90-and-hit-1-20-predicts-analyst-tbt74817.html</a></p>

Ripple's XRP to Rally 90% and Hit $1.20: Predicts Analyst

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