2024

Satoshi

Strong

<p>If you’re an XRP holder, you must be feeling frustrated.</p>
<p>The XRP price has been moving sideways for months, and aside from a few spikes to the $0.7-$0.8 range, we haven’t seen much price action. Our team at CaptainAltcoin <a href="https://captainaltcoin.com/ripple-extremely-bearish-with-major-price-sell-off-ahead-when-will-xrp-price-recover/" target="_blank" rel="noopener noreferrer nofollow">has written</a> about this numerous times.</p>
<p>One positive thing about XRP’s price is that it has a strong support in the $0.4-0.5 area, since it’s pretty stable here whenever market crashes.</p>
<p>Moreover, <a href="https://x.com/Ripple/status/1811139011710255605" target="_blank" rel="noopener noreferrer nofollow">Ripple has an amazingly strong community</a>, and holders remain positive that price action will improve in the second part of 2024 and beyond.</p>
<h2 class="wp-block-heading" id="xrp-price-prediction-20-on-the-horizon">XRP Price Prediction – $20 On the Horizon?</h2>
<p>Many analysts make bold <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> price predictions, but we found one that has some real arguments behind it.</p>
<p>Armando Pantoja who is a popular person in the stocks and crypto markets, tweeted last night about XRP price forecast.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Strong evidence that <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> on its way to $20<br><br>1. Strong support at $0.40-$0.50.<br>2. Near lower Bollinger Band, oversold<br>3. Moving average &gt; current price; bullish<br>4. Low volume during consolidation; watch for a volume surge<br>5. Historical rallies after consolidation hint at… <a href="https://t.co/PjWxb7IIGv" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/PjWxb7IIGv</a></p>— Armando Pantoja (@_TallGuyTycoon) <a href="https://twitter.com/_TallGuyTycoon/status/1811443040206069882?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 11, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>He claims there’s “strong evidence” that the XRP price will reach $20. Pantoja bases his prediction on several factors:</p>
<p>Pantoja points to <a href="https://altfins.com/knowledge-base/support-and-resistance-lines/" target="_blank" rel="noopener noreferrer nofollow">the strong support </a>at the $0.40-$0.50 level, which I indicated above as well. It does look like the XRP price has bottomed here and is ready for a reversal.</p>
<p>He also notes that XRP is currently near the lower Bollinger Band and potentially oversold, suggesting it might be due for a rebound.</p>
<p>Another bullish signal Pantoja highlights is that the moving average is above the current price. This technical indicator is often viewed as a positive sign by traders and could attract more buyers to XRP.</p>
<p>Pantoja also points to the low trading volume during the current consolidation phase. He suggests keeping an eye out for a potential volume surge, which could be the catalyst that drives prices higher.</p>
<p>Lastly, Pantoja references historical patterns showing significant rallies following periods of consolidation. These past trends, he argues, hint at possible upside potential for XRP.</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">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </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><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></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>It remains to be seen, of course, whether Pantoja’s prediction will prove accurate. He hasn’t provided a specific timeline for his $20 price target, but I am assuming he’s referring to sometime in 2024 or 2025.</p>
<p>As a crypto trader, I currently place XRP in my “do not sell, do not buy” category. If you’ve been a long-term XRP holder, it’s probably better not to sell right now and we see what happens in the upcoming months.</p>
<p>Losing the $0.4 support level would definitely be a red flag. Another one could be any negative outcomes in <a href="https://coinpedia.org/news/ripple-ceo-slams-sec-will-xrp-skyrocket-post-u-s-elections/" target="_blank" rel="noopener noreferrer nofollow">Ripple’s battle with SEC</a>.</p>
<p>However, if you’re not already holding XRP, it might be better to look elsewhere until the price starts moving.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/new-cryptocurrencies/" target="_blank" rel="noopener noreferrer nofollow">New Cryptocurrencies to Invest In: Which Crypto Will Boom?</a></strong></em></p>
<p>Look, we’ve all been on this rollercoaster before. Crypto can make you feel like a genius one day and a complete fool the next. So, before you bet the farm on XRP or any other coin, take a deep breath, do your homework, and maybe consider whether you’d be okay eating ramen for a month if things go south. Just saying.</p>
<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/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" 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-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</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 RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-trader-predicts-ripple-xrp-price-will-hit-20-highlighting-strong-evidence/" rel="noopener noreferrer nofollow">Crypto Trader Predicts Ripple (XRP) Price Will Hit $20, Highlighting ‘Strong Evidence’</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Trader Predicts Ripple (XRP) Price Will Hit $20, Highlighting ‘Strong Evidence’

Table of Contents

CaptainAltcoin

دیگر آرٹیکلز 12 جولائی، 2024 پر پبلش کیے گئے ہیں

Bitcoin Price Hits New High

New Cryptocurrency Releases, Listings, & Presales Today – Renzo Restaked LST, EgonCoin, Pepe Unch...

WhiteBIT CUP 2024: Where Crypto and Business Icons Converge on the Legendary FC Barcelona Field

Cryptocurrency and iGaming: A Match Made in Digital Heaven

Is Hamster Kombat the Next Gaming Token to Explode as P2E Meta Gains Pace?

Best Meme Coin Airdrops 2024

Join our free newsletter for daily crypto updates!