CRYPTO

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Rise

<p>Despite seeming to lose momentum, analysts maintain optimism stating <a href="https://en.coin-turk.com/latest-development-in-the-ripple-case-sec-applies-for-temporary-appeal/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a>‘s XRP continues its upward trend. <a href="https://en.coin-turk.com/investor-insights-a-glimpse-into-institutional-crypto-fund-flows/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto</a> <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">analyst</a> EGRAG CRYPTO predicts that XRP could rise to $10 and even $50 by November 2024, with an average target level around $30. Dark Defender, on the other hand, forecasts that the popular altcoin could reach $11 by 2025 based on certain technical indicators.</p>
<h2 id="warnings-to-be-patient-for-a-potential-price-surge">Warnings to “Be Patient” for a Potential Price Surge</h2>
<p>XRP has been consolidating around $0.60 in recent days and has experienced a roughly 7% decline over the past two weeks. Nonetheless, despite the ongoing decline, crypto analysts continue to make optimistic price predictions.</p>
<p><img decoding="async" class="aligncenter size-full wp-image-282875" src="https://coin-turk.com/wp-content/uploads/2023/11/Altcoin-Ripple-XRP-1.jpeg" alt="" width="1280" height="720"></p>
<p>Crypto analyst EGRAG CRYPTO highlighted XRP’s impressive performance, reminding that the altcoin closed two consecutive months with green candles. The analyst suggested that a third green candle close at the end of November could foreshadow a significant rise. He argued that after a possible 5-month consolidation period, XRP could rise to $10 and potentially reach an impressive level of $50 by November 2024.</p>
<p>EGRAG CRYPTO commented on XRP, saying “Be patient. The average of these two targets is $30, and you know I always whisper my secret target of $27.”</p>
<h2 id="expectations-of-a-parabolic-rise-for-xrp">Expectations of a Parabolic Rise for XRP</h2>
<p>Another analyst, Dark Defender, claims that Ripple’s asset is on the brink of a significant rise. The analyst recently stated that he expects a parabolic rise in XRP if three critical factors are met.</p>
<p>The factors highlighted by the analyst include crossing a resistance level defined as SRSI, both SRSI lines closing above 80, and breaking above an 8-year trend line. While pointing to an $11 target for XRP, Dark Defender anticipates this expectation to be fulfilled by 2025.</p>
<ul class="summary">
 <li>Analysts project XRP’s upward momentum.</li>
 <li>EGRAG CRYPTO suggests a $30 average target.</li>
 <li>Dark Defender foresees an $11 price by 2025.</li>
</ul> Continue Reading: <a href="https://en.coin-turk.com/ripples-xrp-on-the-verge-of-a-breakout-analysts-price-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/ripples-xrp-on-the-verge-of-a-breakout-analysts-price-predictions/</a>

Ripple’s XRP on the Verge of a Breakout: Analysts’ Price Predictions

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