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Ripple: New Price Prediction Expects XRP to Hit : Here’s How to Find Out When

The current cryptocurrency market dynamics have pushed XRP to reach the price of $2. The positive price push has created a wave of positivity in the market and several analysts are examining how Ripple can reach higher price bases in no time.

Also Read: Cardano Breaks $1.05: What’s Next for ADA?

XRP wants to claim $18? Expert says yes

XRPXRP
Source – Trackinsight

The bullish market wave is now driving XRP to reach new highs. The token has finally managed to reach the coveted $2 price mark, inviting a new influx of investors to fully explore the token. According to Eggag Crypto, a notable crypto analyst, XRP is yet to show its full price potential.

In a detailed post, he explained that the XRP price chart shows certain candlesticks or uptrends that signal a meteoric rise for the token. For example, the analyst noted that the December candle on the XRP price chart signals an 830% increase, which could catapult the XRP price to $18.

“#XRP: $18 by December 2024, $150 by January 2025? 🧐Hold on tight and don’t shoot the messenger! 🎯 During this critical phase of the #BullRun, I am cautious when forecasting high price targets. My goal is to balance realistic expectations while ensuring you don’t miss out on the opportunity of a lifetime. This is not financial advice, just my freely accessible analysis to provide you with guidance. How can XRP reach $18 and $150 in two months? A) November “Moonvember” candle: A 300% increase is already in good agreement with the 328% increase in 2017. (Yellow candle) 🌙📈 B) December candle: If we see an 830% increase, XRP could rise to $18. But remember that the wick of this candle fell 60% in 2017 – can you tolerate this volatility? ⚡💎.”

Similarly, Egrag Crypto also released a remarkable new analysis claiming that if all goes well, the token could also reach the coveted $150 price mark by January 2025.

Also Read: Analysts Predict Apple Stock (APPL) Expects $1 Trillion Gain

XRP price prediction for December

In addition to such positive price predictions, the technical portals have also prepared an updated price analysis for Ripple. According to CoinCodex, XRP may see a significant decline of 33% by the end of December and stabilize at around the price level of $1.56.

Image: CoinCodex

“According to our current Ripple price forecast, the price of Ripple is expected to fall by -33.24% to reach $1.561629 by January 1, 2025. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index shows 81 (extreme greed). XRP recorded 19/30 (63%) green days in the last 30 days with a price volatility of 43.91%. Based on the XRP forecast, now is a good time to buy XRP.”

Also read: BRICS: 2 countries pay 80% of trade in local currencies, not US dollars

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