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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/xrp-price-surge-can-it-reach-1-again/" data-wpel-link="internal">XRP Price Surge: Can It Reach $1 Again?</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/judges-announcement-shakes-the-market-why-did-xrp-and-altcoins-fall/" data-wpel-link="internal">XRP</a> has been one of the most engaging assets in the cryptocurrency world from the past to the present. The case between <a href="https://coin-turk.com/286-milyon-ripple-xrp-transfer-edildi-dev-borsalar-isin-icinde" data-wpel-link="internal">Ripple</a> and the <a href="https://en.coin-turk.com/turkish-cryptocurrency-user-report-for-2023-q1/" data-wpel-link="internal">SEC</a> is also said to have the potential to determine the fate of XRP and even the entire cryptocurrency world. So, can XRP return to $1 after December 23, 2021? A well-known analyst recently shed light on this issue.</p> 
<h2 style="text-align: justify" id="how-much-will-xrp-be-worth">How Much Will XRP Be Worth?</h2> 
<p style="text-align: justify"><strong><a href="https://coin-turk.com/spot-bitcoin-etf-basvurulari-secden-onay-alabilecek-mi-olasi-bir-etf-onayi-piyasalarda-nasil-bir-etki-yaratacak" data-wpel-link="internal">Bitcoin</a>‘s</strong> (<a href="https://coin-turk.com/unlu-ceo-bitcoin-btc-ve-ethereumun-farklarini-acikladi" data-wpel-link="internal">BTC</a>) surge past the significant price target of $62,000 to touch $64,000, along with the general uptrend in the cryptocurrency market, could make XRP’s rise towards the $1 goal seem unsurprising.</p> 
<p style="text-align: justify">In this context, a post shared on February 29 by the recently famous <strong>Dark Defender</strong> stated that XRP token, having surpassed the psychological resistance level of $0.60, could be targeting $1 according to its formation.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-321319" src="https://coin-turk.com/wp-content/uploads/2024/02/xrp-grafik-coin-turk-com.jpg" alt="" width="514" height="884"></p> 
<p style="text-align: justify">Especially when talking about the Ichimoku clouds formation, it refers to a collection of technical analysis (TA) indicators that not only show support and resistance levels but also indicate momentum and direction.</p> 
<p style="text-align: justify">This indicator reflects a nine-period average, while also showing a 26-period average, the average of the two emerging averages, a 52-period average, and a lagging closing price line.</p> 
<p style="text-align: justify">On the other hand, the market movement called Bullish hammer is another indicator that appears and suggests that an asset has reached its bottom level and indicates a reversal of a trend, potentially showing an upward movement for XRP, above the orange line in the graph above.</p> 
<h2 style="text-align: justify" id="xrp-price-analysis">XRP Price Analysis</h2> 
<p style="text-align: justify">While all this is happening, XRP’s price also moved in this direction, starting to trade at a price level of $0.6037 with a 5% increase in the last 24 hours. XRP’s price increase over the last seven days is expressed as 11.91%, and a monthly price performance review reveals that investors have gained 14.68%.</p> 
<p style="text-align: justify">XRP’s trading volume in the last 24 hours also increased by 45% and exceeded $3.8 billion. Meanwhile, its market cap also increased by 5% reaching the level of $33 billion.</p> 
<p style="text-align: justify">Considering all these circumstances, it is possible to see that XRP’s price could be marching towards $1, especially if <a href="https://en.coin-turk.com/bull-markets-top-crypto-analyst-btc-will-be-at-this-price-by-early-2024/" data-wpel-link="internal">BTC</a> continues its positive price movement and if there is favorable news from the Ripple-SEC case.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/xrp-price-surge-can-it-reach-1-again/" data-wpel-link="internal">XRP Price Surge: Can It Reach $1 Again?</a></h5>

XRP Price Surge: Can It Reach $1 Again?

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