<p>The post <a href="https://coinpedia.org/price-analysis/ripple-price-prediction-xrp-price-poised-for-120-surge-if-this-happens/" rel="noopener noreferrer nofollow">Ripple Price Prediction: XRP Price Poised&nbsp; For 120% Surge If This Happens</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>In a recent market evaluation, analyst AlanSantana shed light on the potential future of XRP, foreseeing a notable surge that could reach between 85% to 120%, relying on various corrective paths.</p>
<h2 class="wp-block-heading" id="h-dip-amp-lift-for-xrp-nbsp">Dip &amp; Lift for XRP&nbsp;</h2>
<p>While the broader crypto market witnessed considerable upswings, XRP experienced a brief deceleration in its growth over the past week, prompting discussions within the community. Santana, however, maintains an optimistic outlook, envisioning a landscape that combines a bullish trend and wave, setting the stage for upward price movements.</p>
<p>In Santana’s analysis, <a href="https://www.tradingview.com/chart/XRPUSD/DETxIav6-XRP-Within-6-Months-120-Higher-2-Correction-Scenarios/" rel="noopener noreferrer nofollow">he pointe</a>d out the likelihood of a standard retracement but argued that the current market conditions hinted at a pattern of temporary price decreases preceding eventual higher highs.</p>
<p>Observing a decline in XRP’s trade volume <a href="https://coinpedia.org/news/crypto-liquidations-surge-to-273-million-as-altcoin-rally-obliterates-short-positions/" rel="noopener noreferrer nofollow">since July</a>, coupled with the emergence of a triangle-top pattern, Santana emphasized the historical resilience of XRP, showcasing a tendency to defy traditional market patterns.</p>
<h2 class="wp-block-heading" id="h-xrp-poised-for-85-or-120">XRP Poised For 85% or 120%</h2>
<p>Looking ahead to the next six months, Santana projected a potential challenge for XRP, targeting the high range between $0.73 and $0.94. With a bullish bias, XRP could ascend to trade in this range, potentially marking a surge ranging from 85% to 120%, depending on the corrective path it takes.</p>
<p>Santana introduced two hypothetical retracement paths. The first, depicted in blue, outlines a scenario where XRP drops to the $0.51 region before bouncing back with an 85% surge from the current price.</p>
<p>On the other hand, the second correction path, illustrated in red, envisions a dip for XRP to the $0.43 region, followed by a subsequent <a href="https://coinpedia.org/news/xrp-price-poised-for-120-rally-in-next-6-months-heres-why/" rel="noopener noreferrer nofollow">rally of 120%</a> from the current price.</p>
<h2 class="wp-block-heading" id="h-xrp-s-long-term-outlook">XRP’s Long-Term Outlook</h2>
<p>While Santana hinted at a long-term target of around $5 based on past calculations, he emphasized the intricate nature of predicting cryptocurrency markets. Unforeseen developments, particularly within the context of a potential super-cycle, add complexity to forecasting.</p>
<p>In recent short-term movements, XRP marked a 1.73% increase in the last 24 hours, currently priced at $0.6221. Notably, the asset witnessed a substantial 42% spike in 24-hour trade volume, reaching $2,001,370,458, indicating heightened market demand.</p>

Ripple Price Prediction: XRP Price Poised For 120% Surge If This Happens

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