• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Experts Share New XRP Price Predictions

user avatar

by Giorgi Kostiuk

10 months ago

Prominent analysts provide forecasts for potential XRP price movements based on observed chart patterns and technical analysis.

Peter Brandt's Charts

Veteran trader Peter Brandt in a recent X post shared two charts that may hint at XRP's next potential moves. A weekly chart shows a bullish wedge pattern, which, if validated, suggests price growth into 2025. However, the daily chart suggests a correction from the local top level of $2.728000.

The distance to the upside should equal the advance into the tip of the flag.Peter Brandt

Credible Crypto's Analysis

In a recent analysis by Credible Crypto, XRP has been noted to have one of the most bullish market structures on the charts. The analyst noted that XRP could rise by up to 1295% from its current level, owing to a "clean" impulsive pattern on all time frames.

That's kind of what we're seeing here on XRP – is that very clean price action that shows impulsive price movement.

XRP's Prospects

Despite increased volatility and failing to set a new record in December, analysts suggest XRP might reach double digits during the ongoing fifth wave. The capitalisation has grown to $216.24 billion, reinforcing long-term potential in XRP.

Experts foresee significant changes in XRP's price in the coming years due to various technical and market factors.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Stable Project Sees 253 Million in Predeposits Amid Cautionary Losses

chest

The Stable project, a new Layer 1 blockchain for stablecoins, has seen predeposits soar to 253 million, indicating strong market confidence, despite a cautionary loss of over 234 million due to user address errors.

user avatarTenzin Dorje

Bittrex Transaction Data Uncovers $500 Million Manipulation Patterns

chest

Recent analysis reveals alarming manipulation patterns in Bittrex transaction data, indicating potential fraud worth $500 million.

user avatarMohamed Farouk

Pi Squared Launches Devnet 20 for FastSet Protocol

chest

Pi Squared has launched Devnet 20, a major upgrade to its FastSet protocol, aiming for 1 million transactions per second by 2026.

user avatarElias Mukuru

Flagship DeFi Applications Launch on Devnet 20

chest

Devnet 20 introduces flagship DeFi applications OmniSet and OmniSwap, enhancing cross-chain asset movement.

user avatarBayarjavkhlan Ganbaatar

Bittrex's Manipulation Patterns Raise Concerns for Cryptocurrency Industry

chest

The manipulation found in Bittrex transaction data serves as a warning for the entire cryptocurrency industry regarding exchange security.

user avatarDiego Alvarez

KuCoin Pay Partners with iGMBUY to Expand Crypto Payment Options for Gamers

chest

KuCoin Pay has formed a strategic partnership with iGMBUY to enhance cryptocurrency payment options for gamers in Asia.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.