{"id":565226,"date":"2023-12-13T18:00:57","date_gmt":"2023-12-13T18:00:57","guid":{"rendered":"https:\/\/uniquehot.com\/?p=565226"},"modified":"2024-06-11T08:39:37","modified_gmt":"2024-06-11T08:39:37","slug":"xrp-price-rise-dramatically","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rise-dramatically\/","title":{"rendered":"Crypto Pundit Predicts That XRP Price Will Rise &#8220;Dramatically,&#8221; Here&#8217;s When"},"content":{"rendered":"<p><a href=\"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-0-1-doge-price-rally\/#:~:text=With%20this%20in%20mind%2C%20he,SEC%20to%20approve%20in%20January.\"><span style=\"font-weight: 400\">Crypto analyst Austin Hilton<\/span><\/a><span style=\"font-weight: 400\"> is the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-bullish-bearish\/#:~:text=According%20to%20this%20person%2C%20XRP,Halving%20happens%20in%20April%202024.\" rel=\"nofollow\"><span style=\"font-weight: 400\">latest<\/span><\/a><span style=\"font-weight: 400\"> to give his opinion on the future trajectory of the <\/span><a href=\"https:\/\/bitcoinist.com\/when-xrp-price-will-reach-10000\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP price going forward<\/span><\/a><span style=\"font-weight: 400\">. Specifically, Hilton noted two events that will spur XRP\u2019s price to go up \u201cdramatically.\u201d The analyst also outlined other metrics that present a bullish sentiment for the XRP ecosystem.\u00a0<\/span><\/p>\n<h2>Major Events That Will Cause XRP Price To Rise<\/h2>\n<p><span style=\"font-weight: 400\">In a <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=NAqHk3qv_FU&amp;t=7s\" rel=\"nofollow\"><span style=\"font-weight: 400\">video<\/span><\/a><span style=\"font-weight: 400\"> shared on his YouTube Channel, Hilton singled out the <\/span><a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bloomberg-spot-bitcoin-etf\/#:~:text=Bloomberg%20Analyst%20Predicts%20Likelihood%20Of%20A%20Spot%20Bitcoin%20ETF%20By%20January%202024,-by%20Scott%20Matherson&amp;text=Following%20notable%20changes%20to%20the,as%20early%20as%20next%20year\"><span style=\"font-weight: 400\">approval of Spot Bitcoin ETFs<\/span><\/a><span style=\"font-weight: 400\"> and the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-showing-unprecedented-pre-halving-price-action-heres-what-this-means\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">upcoming Bitcoin Halving<\/span><\/a><span style=\"font-weight: 400\"> as the two events that will cause XRP\u2019s price to go up \u201cdramatically.\u201d He mentioned that the XRP price could rise to over $1.50 when the SEC approves these funds.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/cardano\/cardano-price-6000-to-33\/\">Crypto Analyst Predicts Cardano Price Will Rise 6000% To $33, Here\u2019s The Timeline<\/a><\/div>\n<p><span style=\"font-weight: 400\">Bloomberg analysts James Seyffart and Eric Balchunas <\/span><a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bloomberg-spot-bitcoin-etf\/#:~:text=Bloomberg%20Analyst%20Predicts%20Likelihood%20Of%20A%20Spot%20Bitcoin%20ETF%20By%20January%202024,-by%20Scott%20Matherson&amp;text=Following%20notable%20changes%20to%20the,as%20early%20as%20next%20year\"><span style=\"font-weight: 400\">currently predict<\/span><\/a><span style=\"font-weight: 400\"> that there is a 90% chance that a Spot BTC ETF will get approved by January 10. Although he had his reservations about that, he seemed optimistic that the SEC would approve these funds soon as the Commission is \u201crunning out of reasons to say no.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Once that happens, he expects his price prediction of $1.50 or over to materialize. He had referred to an article where another analyst predicted that XRP would hit this price level in March. However, he believes that it could happen in January or February, depending on how things go.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hilton was quick to point out the fact that these events (BTC Spot ETF &amp; Bitcoin Halving) do not exactly relate to XRP. However, he stated that XRP, being a blue chip, will move up when the overall market moves up. Major altcoins have so far been beneficiaries of <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-targeting-50000-in-december-analysts\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Bitcoin\u2019s metric rise<\/span><\/a><span style=\"font-weight: 400\"> on the back of a <\/span><a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/bloomberg-spot-bitcoin-etf\/#:~:text=Bloomberg%20Analyst%20Predicts%20Likelihood%20Of%20A%20Spot%20Bitcoin%20ETF%20By%20January%202024,-by%20Scott%20Matherson&amp;text=Following%20notable%20changes%20to%20the,as%20early%20as%20next%20year\"><span style=\"font-weight: 400\">possible Spot BTC ETF approval<\/span><\/a><span style=\"font-weight: 400\">. As such, that could explain Hilton\u2019s position on XRP\u2019s rise.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/cPcIevq7\/\" alt=\"XRP price chart from Tradingview.com\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">XRP bulls struggle to retain control | Source:<a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\"> XRPUSD on Tradingview.com<\/a><\/pre>\n<h2>On-Chain Metrics Suggest Bullish Sentiments For XRP<\/h2>\n<p><span style=\"font-weight: 400\">The analyst also noted that on-chain metrics suggest a bullish outlook for the XRP ecosystem. These metrics include the <\/span><a href=\"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-daily-transactions-surpass-ethereum\/\"><span style=\"font-weight: 400\">number of daily transactions<\/span><\/a><span style=\"font-weight: 400\"> and wallet addresses on the <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-ledger-achieves-milestone-hits-new-heights\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP Ledger<\/span><\/a><span style=\"font-weight: 400\">. According to him, this suggests that there is a \u201cfair amount\u201d of liquidity flowing into the ecosystem.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-shibarium-90-million\/\">Shiba Inu Rally To $0.0001? Shibarium Transaction Count Breaches 90 Million Milestone<\/a><\/div>\n<p><span style=\"font-weight: 400\">The XRP Ledger indeed continues to <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-ledger-achieves-milestone-hits-new-heights\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">record significant milestones<\/span><\/a><span style=\"font-weight: 400\"> in terms of transactions processed on the network. <\/span><a href=\"https:\/\/bitinfocharts.com\/comparison\/transactions-btc-eth-xrp.html#1y\" rel=\"nofollow\"><span style=\"font-weight: 400\">Data<\/span><\/a><span style=\"font-weight: 400\"> from BitInfoCharts also shows that XRP has been going head-to-head with Bitcoin and Ethereum in terms of daily transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite the XRP price\u2019s relatively tepid movement, Hilton sounded bullish on the crypto token as he mentioned that current price levels are a \u201csteal\u201d considering the heights that XRP will attain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, the XRP price is trading at around $0.60, down over 2% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from TechnoPixel, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Austin Hilton is the latest to give his opinion on the future trajectory of the XRP price going forward. Specifically, Hilton noted two events that will spur XRP\u2019s price to go up \u201cdramatically.\u201d The analyst also outlined other metrics that present a bullish sentiment for the XRP ecosystem.\u00a0 Major Events That Will Cause XRP Price To Rise In a video shared on his YouTube Channel, Hilton singled out the approval of Spot Bitcoin ETFs and the upcoming Bitcoin Halving as the two events that will cause XRP\u2019s price to go up \u201cdramatically.\u201d He mentioned that the XRP price could rise to over $1.50 when the SEC approves these funds.\u00a0 Related Reading: Crypto Analyst Predicts Cardano Price Will Rise 6000% To $33, Here\u2019s The Timeline Bloomberg analysts James Seyffart and Eric Balchunas currently predict that there is a 90% chance that a Spot BTC ETF will get approved by January 10. Although he had his reservations about that, he seemed optimistic that the SEC would approve these funds soon as the Commission is \u201crunning out of reasons to say no.\u201d Once that happens, he expects his price prediction of $1.50 or over to materialize. He had referred to an article where another analyst predicted that XRP would hit this price level in March. However, he believes that it could happen in January or February, depending on how things go. Hilton was quick to point out the fact that these events (BTC Spot ETF &amp; Bitcoin Halving) do not exactly relate to XRP. However, he stated that XRP, being a blue chip, will move up when the overall market moves up. Major altcoins have so far been beneficiaries of Bitcoin\u2019s metric rise on the back of a possible Spot BTC ETF approval. As such, that could explain Hilton\u2019s position on XRP\u2019s rise.\u00a0 XRP bulls struggle to retain control | Source: XRPUSD on Tradingview.com On-Chain Metrics Suggest Bullish Sentiments For XRP The analyst also noted that on-chain metrics suggest a bullish outlook for the XRP ecosystem. These metrics include the number of daily transactions and wallet addresses on the XRP Ledger. According to him, this suggests that there is a \u201cfair amount\u201d of liquidity flowing into the ecosystem.\u00a0 Related Reading: Shiba Inu Rally To $0.0001? Shibarium Transaction Count Breaches 90 Million Milestone The XRP Ledger indeed continues to record significant milestones in terms of transactions processed on the network. Data from BitInfoCharts also shows that XRP has been going head-to-head with Bitcoin and Ethereum in terms of daily transactions. Despite the XRP price\u2019s relatively tepid movement, Hilton sounded bullish on the crypto token as he mentioned that current price levels are a \u201csteal\u201d considering the heights that XRP will attain.\u00a0 At the time of writing, the XRP price is trading at around $0.60, down over 2% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image from TechnoPixel, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":565231,"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":[167,6664,26263,14690,90652,90653,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-565226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-crypto-pundit","tag-pundit","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Pundit Predicts That XRP Price Will Rise &quot;Dramatically,&quot; Here&#039;s When<\/title>\n<meta name=\"description\" content=\"Crypto analyst Austin Hilton is the latest to give his opinion on the future trajectory of the XRP price and where it might be headed.\" \/>\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-price-rise-dramatically\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Pundit Predicts That XRP Price Will Rise &quot;Dramatically,&quot; Here&#039;s When\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Austin Hilton is the latest to give his opinion on the future trajectory of the XRP price and where it might be headed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rise-dramatically\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-13T18:00:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:39:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/XRP-Price-Small.jpeg?fit=320%2C181\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"181\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rise-dramatically\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rise-dramatically\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Crypto Pundit Predicts That XRP Price Will Rise &#8220;Dramatically,&#8221; 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