{"id":559865,"date":"2023-11-09T13:00:12","date_gmt":"2023-11-09T13:00:12","guid":{"rendered":"https:\/\/uniquehot.com\/?p=559865"},"modified":"2024-06-11T07:59:20","modified_gmt":"2024-06-11T07:59:20","slug":"xrp-crypto-analyst-ideal-price","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-crypto-analyst-ideal-price\/","title":{"rendered":"Want To Get Into XRP? Crypto Analyst Reveals The Ideal Price"},"content":{"rendered":"<p><a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-price-breaks-36k\/\"><span style=\"font-weight: 400\">As the market continues to rally<\/span><\/a><span style=\"font-weight: 400\">, many begin to feel that they have missed the chance to get in early on their favorite altcoins, <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-rally-whales-drive-token-to-3-month-high\/#:~:text=Currently%2C%20XRP's%20value%20stands%20at,driven%20by%20spot%20trading%20activity.\" rel=\"nofollow\"><span style=\"font-weight: 400\">including XRP<\/span><\/a><span style=\"font-weight: 400\">. However, a prominent crypto analyst has provided hope to those still looking to get in on <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-rally-whales-drive-token-to-3-month-high\/#:~:text=Currently%2C%20XRP's%20value%20stands%20at,driven%20by%20spot%20trading%20activity.\" rel=\"nofollow\"><span style=\"font-weight: 400\">the token<\/span><\/a><span style=\"font-weight: 400\"> as he talks of the possibility of a correction and the ideal price to accumulate the crypto token.\u00a0<\/span><\/p>\n<h2>The Right Time To Be A \u201cBuyer\u201d<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/x.com\/CryptoMichNL\/status\/82244728?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> shared on his X (formerly Twitter) platform, the CEO and founder of MN Trading, <\/span><a href=\"https:\/\/bitcoinist.com\/crypto-analyst-reveals-the-best-time-to-buy-altcoins\/#:~:text=When's%20The%20Best%20Time%20To,to%20be%20around%20this%20period.\" rel=\"nofollow\"><span style=\"font-weight: 400\">Micha\u00ebl van de Poppe<\/span><\/a><span style=\"font-weight: 400\">, acknowledged how the price of XRP has been <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-outperform-crypto\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">rallying in recent times<\/span><\/a><span style=\"font-weight: 400\">. He further went on to hint at the fact that XRP has always corrected whenever it experienced such rallies. The one that he pinpointed was when the token corrected from <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-xrp-price\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">$0.93 to $0.45 before its resurgence<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bitcoin-parabolic-rally-600000\/\">Bitcoin Parabolic Rally Above $600,000: Crypto Analyst Says It\u2019s Closer Than You Think<\/a><\/div>\n<p><span style=\"font-weight: 400\">As such, his belief seems to be that the XRP will dip once again. This time, he stated that an ideal time to be a buyer will be if XRP is able to correct to around $0.54.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, many in the XRP community will be hoping that <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-900-surge\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP continues to rally<\/span><\/a><span style=\"font-weight: 400\"> from henceforth, especially considering that it just recently hit the $0.7 price mark. The technical and fundamental analysis surrounding the XRP ecosystem seems to be bullish, with many predicting more upward trend from the $0.7 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a recent <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/67692467?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">X post<\/span><\/a><span style=\"font-weight: 400\">, renowned crypto analyst Egrag, who had predicted that a <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/god-candle-xrp-price-crypto-analyst-target\/\"><span style=\"font-weight: 400\">god candle was coming for XRP<\/span><\/a><span style=\"font-weight: 400\">, mentioned that that XRP just witnessed an \u201cexciting development.\u201d This is because the 21 Exponential Moving Average (EMA) has crossed over the 55 MA. According to him, this \u201cbullish crossover\u201d historically signifies the beginning of \u201csignificant price explosions.\u201d<\/span><\/p>\n<pre style=\"text-align: center\">\r\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-559869 aligncenter\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP-Price.png?w=460&#038;resize=460%2C199\" alt=\"XRP Price\" width=\"460\" height=\"199\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP-Price.png?w=512 512w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/XRP-Price.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\">Source: X<\/pre>\n<p><span style=\"font-weight: 400\">To consolidate this development, he stated how XRP closing above the $51.3 billion Fib 0.702 level was critical as it could be the \u201cwatershed moment for our victory.\u201d<\/span><\/p>\n<h2>XRP Fundamentals Are Also Bullish<span style=\"font-weight: 400\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The Ripple Swell Conference 2023 is currently ongoing, and the event has lived up to the hype following Ripple\u2019s latest announcements. Apart from the rebranding of its <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-recent-achievement-in-payment-services\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">payment service<\/span><\/a><span style=\"font-weight: 400\"> as Ripple Payments, the crypto company also <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-swell-xrp-product-rebrand-new-partners\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">announced how its partner Onafriq<\/span><\/a><span style=\"font-weight: 400\"> will begin utilizing its payment service. This move would see Ripple open up the cross-border payments structure across three continents: Africa, Europe, and Australia.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-0-075-3-month-high\/\">Dogecoin Climbs Above $0.075 To 3-Month High, But Metrics Show It\u2019s Far From Done<\/a><\/div>\n<p><span style=\"font-weight: 400\">The crypto company is also expected to make more announcements before the conference comes to a close on November 9. Ripple isn\u2019t resting on its laurels, as the company feels more <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-president-sec-lawsuit\/#:~:text=Ripple%20Not%20Backing%20Down,XRP%20isn't%20a%20security.\" rel=\"nofollow\"><span style=\"font-weight: 400\">confident than ever to keep expanding<\/span><\/a><span style=\"font-weight: 400\">. By extension, this will increase the utility of the XRP token, which is an important piece in its Ripple Payments service.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/upMf8YGp\/\" alt=\"XRP price chart from Tradingview.com\" width=\"2650\" height=\"1758\"><\/p>\n<pre style=\"text-align: center\">Token price readies to retest $0.7 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from Decrypt, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As the market continues to rally, many begin to feel that they have missed the chance to get in early on their favorite altcoins, including XRP. However, a prominent crypto analyst has provided hope to those still looking to get in on the token as he talks of the possibility of a correction and the ideal price to accumulate the crypto token.\u00a0 The Right Time To Be A \u201cBuyer\u201d In a post shared on his X (formerly Twitter) platform, the CEO and founder of MN Trading, Micha\u00ebl van de Poppe, acknowledged how the price of XRP has been rallying in recent times. He further went on to hint at the fact that XRP has always corrected whenever it experienced such rallies. The one that he pinpointed was when the token corrected from $0.93 to $0.45 before its resurgence. Related Reading: Bitcoin Parabolic Rally Above $600,000: Crypto Analyst Says It\u2019s Closer Than You Think As such, his belief seems to be that the XRP will dip once again. This time, he stated that an ideal time to be a buyer will be if XRP is able to correct to around $0.54.\u00a0 However, many in the XRP community will be hoping that XRP continues to rally from henceforth, especially considering that it just recently hit the $0.7 price mark. The technical and fundamental analysis surrounding the XRP ecosystem seems to be bullish, with many predicting more upward trend from the $0.7 mark. In a recent X post, renowned crypto analyst Egrag, who had predicted that a god candle was coming for XRP, mentioned that that XRP just witnessed an \u201cexciting development.\u201d This is because the 21 Exponential Moving Average (EMA) has crossed over the 55 MA. According to him, this \u201cbullish crossover\u201d historically signifies the beginning of \u201csignificant price explosions.\u201d Source: X To consolidate this development, he stated how XRP closing above the $51.3 billion Fib 0.702 level was critical as it could be the \u201cwatershed moment for our victory.\u201d XRP Fundamentals Are Also Bullish\u00a0 The Ripple Swell Conference 2023 is currently ongoing, and the event has lived up to the hype following Ripple\u2019s latest announcements. Apart from the rebranding of its payment service as Ripple Payments, the crypto company also announced how its partner Onafriq will begin utilizing its payment service. This move would see Ripple open up the cross-border payments structure across three continents: Africa, Europe, and Australia.\u00a0 Related Reading: Dogecoin Climbs Above $0.075 To 3-Month High, But Metrics Show It\u2019s Far From Done The crypto company is also expected to make more announcements before the conference comes to a close on November 9. Ripple isn\u2019t resting on its laurels, as the company feels more confident than ever to keep expanding. By extension, this will increase the utility of the XRP token, which is an important piece in its Ripple Payments service.\u00a0 Token price readies to retest $0.7 | Source: XRPUSD on Tradingview.com Featured image from Decrypt, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":559872,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,89506,16289,10972,78763],"class_list":["post-559865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-performance","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Want To Get Into XRP? Crypto Analyst Reveals The Ideal Price<\/title>\n<meta name=\"description\" content=\"As the market continues to rally, many begin to feel that they have missed the chance to get in early on XRP.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ripple\/xrp-crypto-analyst-ideal-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Want To Get Into XRP? 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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