Join us
Telegram
channel for the latest breaking news coverage
Ripple price prediction shows that XRP might surpass the 9-day and 21-day moving averages to reach the $0.550 resistance level.
Ripple Prediction Statistics:
Ripple Current Price – $0.522
Ripple Market Cap – $29.67 Billion
Ripple circulating supply – 56.81 billion
Ripple Total Supply – 99.99 Billion
Ripple Coinmarketcap Ranking – 7th
Since its creation, Ripple (XRP) has performed well in terms of price movement, especially for early investors. Since hitting an all-time low of $0.002802 on July 4, 2014, its price has surged by a staggering 18,611.14%.
, showing significant return potential. Although it peaked at $3.84 on January 4, 2018, and is currently trading between $0.5196 and $0.5284, a drop of approximately 86.35% from this high, XRP’s long-term growth highlights the opportunity to participate early in promising crypto projects.
XRP/USD Market
Key Levels:
Resistance: $0.600, $0.620, $0.640
Support Levels: $0.450, $0.430, $0.410
XRPUSD – Daily Chart
XRP/USD has been weak in recent market activity compared to other major cryptocurrencies such as Bitcoin, Solana, and Phantom. While other currencies have benefited from Bitcoin's dominance, XRP has lagged, showing a downtrend in the short term and consolidation in the long term. This poor performance indicates limited investor enthusiasm, making XRP one of the weaker assets among the major altcoins.
Ripple Price Prediction: Will XRP Go Stronger?
On the technical front, XRP faces a resistance zone between $0.535 and $0.540. If this level is breached, it could open the door for a rally towards $0.560 to $0.575, where further resistance lies. This resistance is significant and a breakout would signal a strengthening of bullish sentiment that could pave the way for higher prices in the near term. However, any further bullish moves could find the nearest resistance at $0.600, $0.620, and $0.640.
Meanwhile, XRP's price is at a critical juncture. Traders should keep a close eye on the $0.535 to $0.540 resistance level and follow the developments in the SEC case, as a favorable outcome could significantly boost XRP's price. If the resistance level holds, the likely outcomes are consolidation or further price declines. Therefore, XRP's short-term trajectory is highly sensitive to technical factors and regulatory news. But if the price breaks below the range, it could hit the $0.450, $0.430, and $0.410 support levels, respectively.
XRP/BTC weakens
In front of Bitcoin, Ripple price is trading below the 9-day and 21-day moving averages, with bears dominating the market. If the market price breaks below the lower boundary of the channel, the next support may appear at 700 SAT, and if the selling intensifies further, the key support may be at 625 SAT and below.
XRPBTC – Daily Chart
On the upside, if the bulls push the price above the moving averages, further bullish moves may face potential resistance at 835 SAT and above. The 9-day moving average is suspended below the 21-day moving average, which may increase the bearish movement within the channel.
@MichaelXBT, who has over 52,000 followers on X (formerly Twitter), shared an exciting update that $XRP could be on the verge of a historic breakout. “In all my years of crypto trading, I have never seen a bull flag that lasted 7 years,” he explained. “Could we be on the verge of witnessing one of the most significant breakouts in crypto history?”
$XRP
A historic breakthrough is imminent?
In all my years of crypto trading, I have never seen a bull flag that lasted 7 years
We may be about to witness one of the most important breakthroughs in crypto history
pic.twitter.com/X4H5otlcAM
— Crypto Michael (@MichaelXBT)
July 17, 2024
Ripple Alternatives
The fundamentals for XRP’s price action center around the ongoing legal battle between Ripple and the SEC. Market sentiment suggests that a favorable outcome or a change in leadership at the SEC could have a positive impact on XRP prices. This expectation is tied to potential regulatory changes, especially if governance changes lead to a more crypto-friendly stance from the SEC. However,
Pepe Unchained successfully raised over $23.5 million in presale, highlighting strong financial support and investor confidence
Combined with active community-building efforts, the project aims to prepare users for a potential bull run, as the speakers called for.
Can Pepe Unchained survive?
With over $23.5 million raised in presale and a vibrant community,
Pepe Unchained is well-positioned for massive growth as it fully launches
Now is the time to invest in this innovative project and seize the opportunities presented by its excellent roadmap and strong market momentum.
Visit Pepe Unchained
Related News
As SEC appeals Ripple ruling, XRP price plummets 11%, while traders turn to this ICO with an annualized return of 6242%
Bitcoin Aims for New Highs While Pepe Unchained Presale Reaches $23.5 Million Milestone
Most Watched Crypto Project Launch – Pepe Unchained
score
Second layer meme coin ecosystem
Covered by Cointelegraph
SolidProof and Coinsult Audit
Staking Rewards – pepeunchained.com
ICO Raises Over $10 Million – Ends Soon
learn more
Join us
Telegram
channel for the latest breaking news coverage
English 
Chinese (China) 
Chinese (Hong Kong) 