{"id":26877,"date":"2024-12-09T11:39:46","date_gmt":"2024-12-09T11:39:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=26877"},"modified":"2024-12-09T11:39:46","modified_gmt":"2024-12-09T11:39:46","slug":"top-ripple-xrp-price-predictions","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=26877","title":{"rendered":"Top Ripple (XRP) Price Predictions"},"content":{"rendered":"

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

Despite plunging in the past 24 hours, XRP has surged significantly in the last 30 days, with analysts predicting additional gains.
\nLeadership changes at the SEC could influence the outcome of Ripple\u2019s legal battle and XRP\u2019s price trajectory.<\/p>\n

<\/a><\/p>\n

The Calm Before the Storm?<\/h2>\n

Ripple\u2019s XRP experienced an impressive bull run over the past month, with its price skyrocketing by 330%. On December 3, it tapped a nearly six-year peak of $2.82. <\/span>Currently, it trades at approximately $2.38, which represents a 6% <\/span>decline on a daily scale<\/span>.<\/span>\u00a0<\/span><\/p>\n

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

According to some popular analysts, XRP might <\/span>be poised<\/span> for much more substantial gains <\/span>in the near future<\/span>. The X user Ali Martinez <\/span>suggested<\/span><\/a> that the asset \u201clooks undervalued after breaking out of this massive multi-year symmetrical triangle.\u201d He set a \u201cconservative target\u201d of $8.40 and an \u201coptimistic\u201d one of a whopping $48.12.\u00a0<\/span><\/p>\n

Veteran trader Peter Brandt <\/span>chipped in, too<\/span>. He <\/span>maintained<\/span><\/a> that XRP has \u201cthe most powerful chart in all of crypto world.\u201d<\/span> It is worth mentioning that Brandt has been quite critical of Ripple\u2019s native token over the years, expressing skepticism about its value and potential numerous times.\u00a0<\/span><\/p>\n

The X user CRYPTOWZRD shared a similar thesis, predicting that XRP\u2019s market cap is on its way to hitting a new all-time high of $270 billion.<\/span><\/p>\n

XRP\u2019S BEAUTY<\/p>\n

The most beautiful chart in the whole space ..<\/p>\n

Dear bears, I\u2019m sorry.. you had several years\u2026 $XRP<\/a> is going so much higher.. up next is $270B.. it won\u2019t stop there<\/p>\n

See you at a new all time high\u2026 pic.twitter.com\/DpIAPV7Ohh<\/a><\/p>\n

\u2014 CRYPTOWZRD (@cryptoWZRD_) December 8, 2024<\/a><\/p>\n

As of writing these lines, its capitalization stands at around $136 billion. <\/span>This<\/span> makes XRP the fourth-biggest cryptocurrency, trailing behind Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).<\/span><\/p>\n

The Ripple v. SEC Lawsuit Remains a Burden<\/span><\/h2>\n

One factor that may propel <\/span>a further pump for<\/span> XRP\u2019s price is a favorable resolution of the four-year-long legal battle between Ripple and the US Securities and Exchange Commission (SEC).<\/span><\/p>\n

Not long ago, Gary Gensler (the current <\/span>Chairman<\/span> of the agency<\/span>) <\/span>confirmed<\/span><\/a> he <\/span>will<\/span> vacate his post in January next year.<\/span> His departure <\/span>was somewhat expected<\/span> since the recently elected president of the United States, Donald Trump, promised to fire him on day 1 after assuming office.\u00a0<\/span><\/p>\n

Gensler is known as a critic of the digital asset industry <\/span>with the Commission filing<\/span> multiple lawsuits against crypto businesses during his tenure.<\/span>\u00a0<\/span><\/p>\n

Last week, Trump <\/span>nominated<\/span><\/a> former SEC Commissioner Paul Atkins to <\/span>spearhead<\/span> the securities regulator. The latter has been a consistent advocate of the crypto sector, and it will be interesting to see whether the Ripple case will reach a faster conclusion under his leadership.<\/span><\/p>\n

The post Top Ripple (XRP) Price Predictions<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Despite plunging in the past 24 hours, XRP has surged significantly in the last 30 days, with analysts predicting additional gains. Leadership changes at the SEC could influence the outcome of Ripple\u2019s legal battle and XRP\u2019s price trajectory. The Calm Before the Storm? Ripple\u2019s XRP experienced an impressive bull run over the past month, […]<\/p>\n","protected":false},"author":0,"featured_media":26878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26877","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\/26877"}],"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=26877"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/26878"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}