Future

2024

when

<ul>
 <li><strong>Technical analysis suggests XRP may experience a significant price surge, reminiscent of its 2017 performance.</strong></li>
 <li><strong>Legal issues and bullish market fundamentals are crucial for XRP’s potential future rally.</strong></li>
</ul>
<p>Good Morning Crypto, an influencer and cryptocurrency enthusiast, recently <a href="https://x.com/AbsGMCrypto/status/1809206043039400378" rel="noopener noreferrer nofollow">shared</a> a technical analysis suggesting the potential for a major price increase in XRP.</p>
<p>XRP, the native cryptocurrency of <a href="https://www.crypto-news-flash.com/ripple-news-xrp-follows-crypto-crash-can-settlement-with-sec-push-price-to-1/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>, has been consolidating for a long time, especially because the continuous Ripple vs. SEC lawsuit has stopped its price from rising even during the 2021 bull run.</p>
<h2 id="strong-xrp-s-historical-patterns-and-future-potential-strong"><strong>XRP’s Historical Patterns and Future Potential</strong></h2>
<p>The influencer said that <a href="https://www.crypto-news-flash.com/analyzing-xrps-path-to-35-what-investors-should-know/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> fell below a three-year line support level back in 2017 before skyrocketing 70,000% over just 240 days, ranking most among all digital assets in 2018.</p>
<p>Good Morning Crypto asked a crucial question: “Did We Just Witness The Final Shakeout On XRP Price Chart?” According to his analysis, a similar technical trend can point to yet another significant XRP price increase that is not too far off.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> THE FINAL SHAKEOUT <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>In 2017 Before Gaining 70,000% In Only 240 Days, <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> Dipped Below a 3 year Line Support Before Being The Top Performing Digital Asset In 2018 !! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>Did We Just Witness The Final Shakeout On XRP Price Chart ?? <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f914.png" alt="🤔" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ad.png" alt="💭" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>Image Source: <a href="https://twitter.com/ludnlxrp?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ludnlxrp</a>… <a href="https://t.co/QSfNpgzqVu" rel="noopener noreferrer nofollow">pic.twitter.com/QSfNpgzqVu</a></p>
 <p>— Good Morning Crypto (@AbsGMCrypto) <a href="https://twitter.com/AbsGMCrypto/status/1809206043039400378?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>But for this bullish view to come true, XRP and <a href="https://www.crypto-news-flash.com/ripples-new-try-it-feature-simplifies-api-testing-for-developers/" rel="noopener noreferrer nofollow">Ripple’s</a> legal problems have to be satisfactorily settled. Furthermore, very important for supporting XRP’s possible surge would be the general optimistic sentiment in the global crypto market.</p>
<h3 id="strong-current-market-performance-strong"><strong>Current Market Performance</strong></h3>
<p>XRP is trading at about <strong>$0.435</strong> as of right now, a <span style="color: #339966;"><strong>5.35%</strong></span> rise over the last 24 hours. Particularly considering a bearish week, this rebound is notable. Many members of the crypto community have noticed the recent increase in XRP’s price.</p>
<p>CNF previously reported that notable pro-XRP attorney <a href="https://www.crypto-news-flash.com/bill-morgan-buys-more-xrp-amid-market-dip-and-uncertainty/" rel="noopener noreferrer nofollow">Bill Morgan</a> had bought more XRP tokens when the price was still above $0.40. This action reflects great faith in XRP’s future and fits the technical analysis, implying a possible price explosion.</p>
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