{"id":566003,"date":"2023-12-19T19:30:26","date_gmt":"2023-12-19T19:30:26","guid":{"rendered":"https:\/\/uniquehot.com\/?p=566003"},"modified":"2024-06-11T14:43:27","modified_gmt":"2024-06-11T14:43:27","slug":"long-term-analysis-better-for-xrp-price-crypto-enthusiast-says","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/long-term-analysis-better-for-xrp-price-crypto-enthusiast-says\/","title":{"rendered":"Long-Term Analysis Better For XRP Price, Crypto Enthusiast Says"},"content":{"rendered":"

Bill Morgan, a cryptocurrency enthusiast and lawyer, has underscored an insightful <\/span>factor<\/span><\/a> towards investing in the XRP token.\u00a0<\/span><\/p>\n

Bill Morgan On XRP Price Action<\/span><\/h2>\n

The lawyer recently used X (formerly Twitter) to share<\/a> his optimism about XRP’s price action<\/span>. According to the analyst, traders and investors interested in the crypto asset’s <\/span>price movement<\/span><\/a> should concentrate on the long term.<\/span><\/p>\n

Bill Morgan’s post addressed yesterday’s volatility and how the cryptocurrency community perceived it. The X post was published in response to “Matt,” the Moon Lambo YouTube Channel host.\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Predicts Short-Term XRP Price Rally To $18<\/a><\/div>\n

The host refuted the cryptocurrency community members’ assertions that yesterday’s XRP decrease was more violent than other coins.\u00a0<\/span>Morgan provided an alternative viewpoint while admitting that Matt’s position was correct.\u00a0<\/span><\/p>\n

The analyst asserted that XRP’s price behavior has not been “excellent” over the past month despite a market-wide increase, falling by over 2%.<\/span><\/p>\n

Because of this, he believes the decline of digital assets was more difficult than expected. He further pointed out that the token has experienced a rebound today but has not been very robust.<\/span><\/p>\n

Furthermore, he asserted that he “does not place much significance on a month’s price action” in these markets. He believes conviction must go “beyond a day, week, or month of price movement.”<\/span><\/p>\n

So far, Morgan has <\/span>noted<\/span><\/a> that yesterday’s decline did not affect him emotionally. He was only surprised by yesterday’s fall’s depth and today’s recovery’s weakness. <\/span>Nonetheless, he has clarified that this would not influence his choice to hold or sell the digital asset.<\/span><\/p>\n

The Crypto Asset Price To Reach $22<\/span><\/h2>\n

Several cryptocurrency enthusiasts have recently expressed a bullish sentiment toward XRP’s price action. On Sunday, Patrick Riley, the founder of Reaper Financial, <\/span>stated<\/span><\/a> that the token will reach $22 in the next bull run.<\/span><\/p>\n

Riley added that the crypto asset will maintain a $10 price level after the bull run. Since analysts predict the next bull run will be in 2024, XRP might reach $22 next year.\u00a0<\/span><\/p>\n

Related Reading: Galaxy Digital CEO Expresses Bullish Sentiment On XRP<\/a><\/div>\n

The cryptocurrency founder made other audacious claims besides his $22 price mark estimate. He believes that <\/span>XRP<\/span><\/a> will eventually “overtake” Bitcoin, though he did not provide a specific timeframe for this event.<\/span><\/p>\n

As of this writing, XRP was trading at $0.6081, an increase of over 3% in the past 24 hours. The token is gradually regaining momentum and is currently ranked 5th by market capitalization.<\/span><\/p>\n

\"XRP\"
XRP trading at $0.61 on the 1D chart | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Bill Morgan, a cryptocurrency enthusiast and lawyer, has underscored an insightful factor towards investing in the XRP token.\u00a0 Bill Morgan On XRP Price Action The lawyer recently used X (formerly Twitter) to share his optimism about XRP’s price action. According to the analyst, traders and investors interested in the crypto asset’s price movement should concentrate on the long term. Bill Morgan’s post addressed yesterday’s volatility and how the cryptocurrency community perceived it. The X post was published in response to “Matt,” the Moon Lambo YouTube Channel host.\u00a0 Related Reading: Crypto Analyst Predicts Short-Term XRP Price Rally To $18 The host refuted the cryptocurrency community members’ assertions that yesterday’s XRP decrease was more violent than other coins.\u00a0Morgan provided an alternative viewpoint while admitting that Matt’s position was correct.\u00a0 The analyst asserted that XRP’s price behavior has not been “excellent” over the past month despite a market-wide increase, falling by over 2%. Because of this, he believes the decline of digital assets was more difficult than expected. He further pointed out that the token has experienced a rebound today but has not been very robust. Furthermore, he asserted that he “does not place much significance on a month’s price action” in these markets. He believes conviction must go “beyond a day, week, or month of price movement.” So far, Morgan has noted that yesterday’s decline did not affect him emotionally. He was only surprised by yesterday’s fall’s depth and today’s recovery’s weakness. Nonetheless, he has clarified that this would not influence his choice to hold or sell the digital asset. The Crypto Asset Price To Reach $22 Several cryptocurrency enthusiasts have recently expressed a bullish sentiment toward XRP’s price action. On Sunday, Patrick Riley, the founder of Reaper Financial, stated that the token will reach $22 in the next bull run. Riley added that the crypto asset will maintain a $10 price level after the bull run. Since analysts predict the next bull run will be in 2024, XRP might reach $22 next year.\u00a0 Related Reading: Galaxy Digital CEO Expresses Bullish Sentiment On XRP The cryptocurrency founder made other audacious claims besides his $22 price mark estimate. He believes that XRP will eventually “overtake” Bitcoin, though he did not provide a specific timeframe for this event. As of this writing, XRP was trading at $0.6081, an increase of over 3% in the past 24 hours. The token is gradually regaining momentum and is currently ranked 5th by market capitalization. Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":560835,"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":[88239,90916,90914,90915,4531,10972,78763,12413],"class_list":["post-566003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-bill-morgan","tag-moon-lambo","tag-patrick-riley","tag-reaper-financial","tag-xrp","tag-xrpusd","tag-xrpusdt","tag-youtube"],"acf":[],"yoast_head":"\nLong-Term Analysis Better For XRP Price, Crypto Enthusiast Says<\/title>\n<meta name=\"description\" content=\"Bill Morgan, a cryptocurrency enthusiast and lawyer has underscored an insightful factor towards investing in the XRP token.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/uniquehot.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Long-Term Analysis Better For XRP Price, Crypto Enthusiast Says","url":"http:\/\/uniquehot.com\/news\/ripple\/long-term-analysis-better-for-xrp-price-crypto-enthusiast-says\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/long-term-analysis-better-for-xrp-price-crypto-enthusiast-says\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?fit=2131%2C1406"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bill morgan","moon lambo","patrick riley","reaper financial","xrp","xrpusd","xrpusdt","youtube"],"dateCreated":"2023-12-19T19:30:26Z","datePublished":"2023-12-19T19:30:26Z","dateModified":"2024-06-11T14:43:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Long-Term Analysis Better For XRP Price, Crypto Enthusiast Says\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/long-term-analysis-better-for-xrp-price-crypto-enthusiast-says\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/long-term-analysis-better-for-xrp-price-crypto-enthusiast-says\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1365598845.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1365598845.jpg?fit=2131%2C1406\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bill morgan\",\"moon lambo\",\"patrick riley\",\"reaper financial\",\"xrp\",\"xrpusd\",\"xrpusdt\",\"youtube\"],\"dateCreated\":\"2023-12-19T19:30:26Z\",\"datePublished\":\"2023-12-19T19:30:26Z\",\"dateModified\":\"2024-06-11T14:43:27Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/11\/iStock-1365598845.jpg?fit=2131%2C1406","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=566003"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/566003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/560835"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=566003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=566003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=566003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}