Ripple (XRP) Primed for 85-120% Explosion Says Analyst
Crypto analyst Alan Santana predicts that Ripple’s XRP token could see massive 120% gains in the first six months of 2024 amid bullish sentiment.
Crypto analyst Alan Santana predicts that Ripple’s XRP token could see massive 120% gains in the first six months of 2024 amid bullish sentiment.
Attorney John Deaton criticized former SEC Chair Jay Clayton’s comments on the Ripple lawsuit, while Galaxy CEO Michael Novogratz acknowledged the role of the XRP Army. XRP price declined nearly 6%.
Breaking from stagnant trends plaguing the crypto market, XRP’s price has showcased a consistent bullish climb based on technical indicators like higher highs and lows, surging volume, and supportive buying interest.
A crypto analyst expressed optimism about the current crypto market and potential for a new bull run, while highlighting positive developments for BTC, ETH and especially XRP as reasons to be excited.
According to a recent altFINS analysis, XRP looks poised for a bullish breakout from its current bull flag pattern, which could propel prices up to $0.92.
Lead developer of XRP wallet Xumm, Wietse Wind, hinted at a major upgrade allowing integration with Debit Mastercard for easy spending of XRP funds.
XRP price has declined by 18% after facing resistance from a long-term trendline, indicating a potential further correction towards the $0.50 mark.
The SEC has announced a private meeting to potentially discuss settling litigation cases like the Ripple lawsuit.
The XRP Ledger (XRPL) recently closed its 84 millionth ledger, underscoring the blockchain’s continued growth as a payments and smart contracts platform.
Cryptocurrency exchange CEX.io has relisted XRP after removing the token 2 years ago amid the SEC lawsuit against Ripple. The relisting comes after Ripple scored a partial legal victory in July, with the judge ruling that XRP is not a security.