Token

Dark

Show

The Graph

<p>XRP, the native token of the Ripple blockchain, has recently broken through a significant multi-year resistance level, sparking optimism among analysts and traders despite the prevailing negative sentiment in the broader cryptocurrency market. As the March candle approaches its close, experts are now setting their sights on ambitious price targets for XRP, ranging from $1.8815 to $5.8563.</p>
<h2 class="wp-block-heading" id="breaking-multi-year-resistance">Breaking Multi-Year Resistance</h2>
<p>According to analyst <a href="https://twitter.com/DefendDark/status/1771838992331239629" target="_blank" rel="noopener noreferrer nofollow">Dark Defender</a>, XRP is on track to close its three-monthly candle in March above a critical multi-year resistance level. With one week left until the final candle closes, a successful breach of this resistance could pave the way for a substantial price rally in the coming months.</p>
<p>Dark Defender suggests that if <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> manages to maintain its position above this key level, the initial targets for the token will be $1.8815 and $5.8563. It is important to note that this analysis does not constitute financial advice (NFA) and should be considered as a speculative outlook based on technical analysis.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-1024x576.png" alt="" class="wp-image-459305" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-1024x576.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-767x431.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-1536x864.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-2048x1151.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-623x350.png 623w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1116.png 1366w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="bullish-price-action-and-higher-lows">Bullish Price Action and Higher Lows</h2>
<p>Trader JAVON MARKS has also <a href="https://twitter.com/JavonTM1/status/1771881049154281477" target="_blank" rel="noopener noreferrer nofollow">expressed</a> a bullish stance on XRP, noting that the token’s price action remains technically in a bullish position. MARKS highlights that XRP has been holding higher lows, which can indicate an uptrend in progress.</p>
<p>Furthermore, MARKS points out that XRP has achieved a breakout, which is currently holding. Based on this technical setup, the trader believes that XRP can target the $2.47 level as part of the ongoing uptrend.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="624" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-1024x624.png" alt="" class="wp-image-459313" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-1024x624.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-768x468.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-1536x936.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-2048x1248.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-246x150.png 246w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-574x350.png 574w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1117-788x480.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>If XRP successfully reaches the $2.47 target, it would represent a 280% increase from its current price levels. JAVON MARKS suggests that a break above this target could potentially open the door for XRP to test the $4.804 level, offering even greater upside potential for investors and traders.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>The recent break above a multi-year resistance level has caught the attention of analysts and traders alike. With experts like Dark Defender and JAVON MARKS setting ambitious price targets and noting the token’s bullish technical positioning, XRP investors have reason to be cautiously optimistic about the future.</p>
<p>However, it is crucial for market participants to approach these projections with a clear understanding of the inherent risks associated with cryptocurrency investing.</p>
<p>While technical analysis can provide valuable insights, it is not a guarantee of future price action, and investors should always conduct their own research and consider their individual financial goals and risk tolerance before making any investment decisions.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/is-the-solana-era-ending-elite-analyst-bets-on-coinbases-layer-2-ecosystem-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Is the Solana Era Ending? Elite Analyst Bets on Coinbase’s Layer 2 Ecosystem – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/stacks-stx-price-eyes-4-following-30-pump-while-the-graph-grt-consolidates-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Stacks (STX) Price Eyes $4 Following 30% Pump While The Graph (GRT) Consolidates – Here’s Why</a></li>
 <li><a href="https://captainaltcoin.com/the-2024-launchpad-token-outlook-bull-run-investment-strategy/" target="_blank" rel="noopener noreferrer nofollow">The 2024 Launchpad Token Outlook: Bull Run Investment Strategy</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ripple-breaks-multi-year-resistance-analysts-shares-key-xrp-targets-to-watch/" rel="noopener noreferrer nofollow">Ripple Breaks Multi-Year Resistance, Analysts Shares Key XRP Targets To Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple Breaks Multi-Year Resistance, Analysts Shares Key XRP Targets To Watch

목차

CaptainAltcoin

2024년 3월 25일에 게재된 다른 기사

A New Crypto Spot Trading Tool Joins The Market – B2Trader Brokerage Platform

Altcoin trader Rekt Fencer shares strategy behind massive gains with meme coins

Top Executives Voice Support for Spot Bitcoin ETFs in the UK

Binance Faces Tax Evasion Charges in Nigeria, Executives Detained

Magic Square Launches $SQR Staking Program for Token Holders (25 Mar)

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) Hits Record Highs, LINK Price Pumps

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!