Cardano

Solana

Bitcoin

The XRP price continues to enjoy positive performance as the crypto market trends to the upside. The current rally confluences with the sector’s historical performance; thus, cryptocurrencies could extend their bullish trend. 
As of this writing, the XRP price trades at $0.58 with a 5% profit in the last 24 hours. In the previous seven days, the cryptocurrency recorded an 11% rally and stood as one of the best performers in the sector over the same period, along with Solana (SOL) and Cardano (ADA). 
<img decoding="async" loading="lazy" class="wp-image-558282 size-large" src="https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=860&amp;resize=860%2C410" alt="XRP Price XRPUSDT" width="860" height="410" srcset="https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=1759 1759w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=860&amp;resize=860%2C410 860w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-Price-XRPUSDT-1.png?w=1140 1140w" sizes="(max-width: 860px) 100vw, 860px" data-recalc-dims="1"> 
<h2 id="xrp-price-bull-run-incoming">XRP Price Bull Run Incoming?</h2> 
As XRP and other trend upwards, legendary trader Peter Brandt share his positive views on the nascent sector. Brandt has been known for expressing his views on BTC and crypto without reservations, and this time, the forecast is bullish. 
On social media platform X, the legendary trader <a href="https://twitter.com/PeterLBrandt/status/1717175571577516272" target="_blank" rel="noopener nofollow">dismissed</a> market actors trying to predict future performance. However, Brandt dared to make three predictions regarding Bitcoin: first, the cryptocurrency is likely to hit bottom, which will lead it to new all-time highs, as seen in the chart below. 
This bullish price action is based on the cryptocurrency’s historical performance. Each time the BTC market drops around 78%, Bitcoin bottoms and re-enters price discovery. The XRP price, Ethereum, and other altcoins follow the trend. 
In 2017, when BTC went into a bull run, the XRP price reached an all-time high above $3. If history repeats, and based on the fundamentals supporting XRP’s bullish momentum, the token could hit a similar level. 
<img decoding="async" loading="lazy" class="wp-image-558281 size-large" src="https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=860&amp;resize=860%2C459" alt="XRP price XRPUSDT Ripple Bitcoin BTC BTCUSDT" width="860" height="459" srcset="https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=1519 1519w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=860&amp;resize=860%2C459 860w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2023/10/XRP-price-XRPUSDT-Ripple-Bitcoin-BTC-BTCUSDT.jpeg?w=1140 1140w" sizes="(max-width: 860px) 100vw, 860px" data-recalc-dims="1"> 
<h2 id="xrp-in-the-short-term-levels-to-watch">XRP In The Short Term, Levels To Watch</h2> 
The optimistic forecast in the traditional financial market supports this scenario. If stocks and Bitcoin see further profits, everything will align for XRP and <a href="https://www.newsbtc.com/news/ethereum-resilient-above-1800-pre-fomc-meeting-vital-levels-to-watch/" target="_blank" rel="noopener ">other altcoins to hit their previous all-time highs</a>. 
In short timeframes, a pseudonym analyst indicated that XRP formed a bull flag pattern. This bullish market structure hints at a potential run of the high area around $0.66. However, bulls must maintain the token above $0.52 and $0.54 to prevent a run of the lows. 
The analyst <a href="https://twitter.com/DefendDark/status/1718567267116401008" target="_blank" rel="noopener nofollow">stated</a> the following about XRP and how close it is to completing a significant milestone for further profits: 
<blockquote>
 The first break has just arrived. XRP close to the Mid resistance at $0.5557. Still, the following applies: Bull flag $0.5557 above, to be precise. Invalidation $0.54 below.
</blockquote> 
Cover image from Unsplash, chart from Tradingview

XRP Price About To See “Face Ripping” Rally, Legendary Trader Weights In

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