{"id":15867,"date":"2024-10-23T10:56:03","date_gmt":"2024-10-23T10:56:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=15867"},"modified":"2024-10-23T10:56:03","modified_gmt":"2024-10-23T10:56:03","slug":"ripple-xrp-price-prediction-new-ath-may-come-if-this-level-falls","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=15867","title":{"rendered":"Ripple (XRP) Price Prediction: New ATH May Come if This Level Falls"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Bullish analysts envision new peaks for XRP, but there is a catch.<\/span>
\nDespite recent underperformance, the asset continues to see increased adoption from major crypto exchanges, which could boost its liquidity and support future price growth.<\/p>\n

<\/a><\/h2>\n

XRP Rally Under This Condition<\/span><\/h2>\n

The cryptocurrency market recorded an uptick in the past few weeks, with Bitcoin (BTC), Solana (SOL), Dogecoin (DOGE), and other leading assets witnessing substantial gains. <\/span><\/p>\n

However, Ripple\u2019s XRP was among the <\/span>very<\/span> few that did not catch the wave. Its price is down over 10% <\/span>on a monthly scale<\/span>, currently trading at around $0.52 (per CoinGecko\u2019s data).
\n<\/span><\/p>\n

<\/a>XRP Price, Source: CoinGecko<\/p>\n

The unsatisfying performance, though, has not changed the stance of some optimistic analysts who believe XRP will experience a bull run sooner or later.<\/span><\/p>\n

One example is the popular X user Dark Defender, who assumed<\/a> that the token\u2019s price might skyrocket to a new all-time high of $5.85 and even $18.22 if it exceeds the <\/span>major<\/span> resistance level of $0.66:<\/span><\/p>\n

\u201cAnd as soon as we see XRP above $0.66, a day, a week, a month, then we will see tremendous moves. $0.6649, the final boss, and was not and still not easy to eliminate.\u201d<\/p>\n

The analyst claimed these targets remain plausible as long as XRP\u2019s price does not plunge below $0.48 and \u201cmost importantly\u201d $0.3917.<\/span><\/p>\n

\u201cWe know and see what is going on in the background. <\/span>Less<\/span> people remain <\/span>in<\/span> the ship, we see.<\/span> But I trust myself, Ripple, and XRP. Exciting times are ahead of us,\u201d Dark Defender concluded.<\/span><\/p>\n

XRP\u2019s Adoption on the Rise<\/span><\/h2>\n

Despite not performing well lately<\/span>, the token continues to receive further support from leading crypto exchanges.<\/span> The latest to jump<\/a> on the bandwagon is the Seychelles-based MEXC, which claims to have over<\/span>\u00a010 million users.\u00a0<\/span><\/p>\n

Other well-known platforms that allow trading services with XRP include Binance, Kraken, Crypto.com, Coinbase, KuCoin, Bitstamp, Bybit, Huobi, and more. Interestingly, some delisted the asset shortly after the US SEC started its legal war with Ripple toward the end of 2020.<\/span><\/p>\n

The company, though, secured a vital (yet partial) court victory in the summer of 2023, and many of these exchanges <\/span>restored<\/span><\/a> services with XRP.<\/span><\/p>\n

Increased adoption from trading venues enhances the <\/span>liquidity of the token and boosts its<\/span> credibility and accessibility. As such, it could be considered <\/span>a bullish factor for the price.<\/span>\u00a0<\/span><\/p>\n

The post Ripple (XRP) Price Prediction: New ATH May Come if This Level Falls<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Bullish analysts envision new peaks for XRP, but there is a catch. Despite recent underperformance, the asset continues to see increased adoption from major crypto exchanges, which could boost its liquidity and support future price growth. XRP Rally Under This Condition The cryptocurrency market recorded an uptick in the past few weeks, with Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":15868,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15867"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15867"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/15867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/15868"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}