Featured image from Coinpedia, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst CryptoInsightUK has shared his bullish sentiment on the XRP price. He noted that something may be brewing for the token and its ecosystem. Interestingly, he agrees that XRP could rise as high as $9.6. XRP Price Could Replicate 2017 Impulse In a post shared on his X (formerly Twitter) platform, CryptoInsightUK shared a monthly XRP\/BTC chart. He noted that XRP\u2019s largest impulse against BTC was around 5,200%, which occurred back in 2017. Analyzing the chart that he shared, he suggested that a similar setup to that time was building up. Related Reading: Institutional Investors Pour $346 Million Into Crypto \u2013 Here Are The Winners This time, XRP could see higher gains against BTC as CryptoInsightUK stated that the XRP is holding a higher floor. He also mentioned that the technical structure is more bullish after a longer consolidation. Besides these indicators, he highlighted the Relative Strength Index (RSI), which is grinding upwards. With all this in mind, the crypto analyst believes that \u201csomething is coming\u201d for the XRP token. CryptoInsightUK seemed very careful not to provide any projections on how much the XRP token could rally or what price action to expect when this happens.\u00a0 However, another prominent crypto analyst, Egrag Crypto, provided an insight into what price action CryptoInsightUk may have in mind. In response to the main post, Egrag replied and stated that XRP could hit between $9.6 and $10 this time around. CryptoInsightUK responded and stated that Egrag\u2019s prediction is \u201cperfect for the range.\u201d Token price resumes uptrend toward $0.61 | Source: XRPUSD on Tradingview.com XRP\u2019s Success Hinged On Bitcoin\u2019s? CryptoInsightUK shared some further thoughts when quizzed by another X user if the community may see any XRP price action this year. He suggested that any XRP rally was dependent on Bitcoin\u2019s move as XRP goes higher whenever Bitcoin does so. As such, he is cheering Bitcoin on right now so that there can also be some price action from XRP.\u00a0 Related Reading: Ripple IPO May Be Delayed, Crypto Pundit Gives Reasons Why As to when to expect this rally from XRP, he isn\u2019t certain, as he stated that finding the starting point is hard. That is why the analyst is just comfortable with holding and waiting with his XRP bags. Despite the uncertainty, the crypto analyst seems to be one of those who is very bullish on the XRP token.\u00a0 Another prominent figure in the XRP community, Rob Art, also shared similar sentiments with CryptoInisghtUK. He suggested that XRP cannot make a new all-time high (ATH) without Bitcoin doing so in the same cycle. As such, he believes that XRP can only fly when Bitcoin does so, too.\u00a0 At the time of writing, XRP is trading at around $0.60, down almost 1% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image from Coinpedia, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":562850,"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-562843","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
Analyst Uses 5200% Impulse Against Bitcoin To Predict XRP Price Surge To $9.6<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n