{"id":590905,"date":"2024-03-01T13:45:37","date_gmt":"2024-03-01T13:45:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=590905"},"modified":"2024-06-11T08:12:13","modified_gmt":"2024-06-11T08:12:13","slug":"realistic-xrp-price-13-and-39","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/realistic-xrp-price-13-and-39\/","title":{"rendered":"Crypto Analyst Reveals Why Most Realistic XRP Price Lies Between $13 And $39"},"content":{"rendered":"

The future of the XRP price<\/a> has been a hot topic of contention among crypto analysts for a while now. Most of these analyses focus on the possible movements of the price as the bull market unfolds, as well as possible price targets. In the same vein, crypto analyst CryptoBull has presented their own bull case for the altcoin<\/a>, giving the most realistic price targets.<\/p>\n

Long Time Price Channel Shows Realistic Price<\/h2>\n

In the analyst CryptoBull posted on X (formerly Twitter), he shows the historical price movement of the altcoin<\/a> going as far back as 2014. The analyst uses this to deduce the possible trajectory of the XRP price in the coming months using the XRP price channel.<\/p>\n

Related Reading: Bitwise CEO Says Bitcoin At $250,000 Is Closer Than You Think<\/a><\/div>\n

According to CryptoBull, using this data, the most realistic price for the altcoin currently sits somewhere between $13 and $39. \u201dThe long-term price channel shows the most realistic #XRP price between $13 and $39 in the coming months!\u201d CryptoBull stated.<\/p>\n

\n

The long term price channel shows the most realistic #XRP<\/a> price between $13 and $39 in the coming months! pic.twitter.com\/iuePJitybs<\/a><\/p>\n

\u2014 CryptoBull (@CryptoBull2020) February 29, 2024<\/a><\/p><\/blockquote>\n

While the lower end of this channel of $13 was more realistic, the upper end of $39 has drawn criticism from the community. In response to CryptoBull\u2019s prediction, another X user, Ben McClymans, said it was \u201ccrazy talk.\u201d\u00a0This is because for XRP\u2019s price to reach $39 per coin, then its market cap would have to be larger than that of Ethereum<\/a>, which is currently the second-largest cryptocurrency in the market.<\/p>\n

However, other community members jumped<\/a> to the defense of XRP<\/a>, reminding Ben that the market cap of XRP had actually flipped Ethereum<\/a> before. Given this, they believe that it is possible that it will end up flipping to Ethereum once again.<\/p>\n

XRP Price Performance Worries Investors<\/h2>\n

The XRP price performance over the last few years has worried investors because while other altcoins were hitting new all-time highs, XRP<\/a> continued to struggle. However, this is understandable given that the United States Securities and Exchange Commission (SEC) sued Ripple in 2020, which adversely affected XRP\u2019s performance.<\/p>\n

Related Reading: Solana On A Roll: Crypto Analyst Predicts Push To $600<\/a><\/div>\n

The XRP price had crashed off the back of the announcement alone and did not recover as well as expected. There is a light at the end of the tunnel, though, as the lawsuit with the SEC seems to be coming to an end. The court looks to be leaning toward a settlement, which would put an end to the case once and for all.<\/p>\n

To get an idea of what could happen with the XRP price<\/a> when the lawsuit is over, we can take a look at what happened when Ripple secured a partial victory over the SEC in 2023. After Judge Analisa Torres declared that XRP programmatic sales did not qualify as securities, XRP jumped more than 60% in a single day.<\/p>\n

The lawsuit is currently the biggest hindrance to the XRP price performance<\/a>, and expectations are that the price will surge once it\u2019s over. If it does so, then CryptoBull\u2019s prediction could end up playing out.<\/p>\n

\"XRP<\/p>\n

XRP trending at $0.58 | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Bitcoinist, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The future of the XRP price has been a hot topic of contention among crypto analysts for a while now. Most of these analyses focus on the possible movements of the price as the bull market unfolds, as well as possible price targets. In the same vein, crypto analyst CryptoBull has presented their own bull case for the altcoin, giving the most realistic price targets. Long Time Price Channel Shows Realistic Price In the analyst CryptoBull posted on X (formerly Twitter), he shows the historical price movement of the altcoin going as far back as 2014. The analyst uses this to deduce the possible trajectory of the XRP price in the coming months using the XRP price channel. Related Reading: Bitwise CEO Says Bitcoin At $250,000 Is Closer Than You Think According to CryptoBull, using this data, the most realistic price for the altcoin currently sits somewhere between $13 and $39. \u201dThe long-term price channel shows the most realistic #XRP price between $13 and $39 in the coming months!\u201d CryptoBull stated. The long term price channel shows the most realistic #XRP price between $13 and $39 in the coming months! pic.twitter.com\/iuePJitybs \u2014 CryptoBull (@CryptoBull2020) February 29, 2024 While the lower end of this channel of $13 was more realistic, the upper end of $39 has drawn criticism from the community. In response to CryptoBull\u2019s prediction, another X user, Ben McClymans, said it was \u201ccrazy talk.\u201d\u00a0This is because for XRP\u2019s price to reach $39 per coin, then its market cap would have to be larger than that of Ethereum, which is currently the second-largest cryptocurrency in the market. However, other community members jumped to the defense of XRP, reminding Ben that the market cap of XRP had actually flipped Ethereum before. Given this, they believe that it is possible that it will end up flipping to Ethereum once again. XRP Price Performance Worries Investors The XRP price performance over the last few years has worried investors because while other altcoins were hitting new all-time highs, XRP continued to struggle. However, this is understandable given that the United States Securities and Exchange Commission (SEC) sued Ripple in 2020, which adversely affected XRP\u2019s performance. Related Reading: Solana On A Roll: Crypto Analyst Predicts Push To $600 The XRP price had crashed off the back of the announcement alone and did not recover as well as expected. There is a light at the end of the tunnel, though, as the lawsuit with the SEC seems to be coming to an end. The court looks to be leaning toward a settlement, which would put an end to the case once and for all. To get an idea of what could happen with the XRP price when the lawsuit is over, we can take a look at what happened when Ripple secured a partial victory over the SEC in 2023. After Judge Analisa Torres declared that XRP programmatic sales did not qualify as securities, XRP jumped more than 60% in a single day. The lawsuit is currently the biggest hindrance to the XRP price performance, and expectations are that the price will surge once it\u2019s over. If it does so, then CryptoBull\u2019s prediction could end up playing out. XRP trending at $0.58 | Source: XRPUSD on Tradingview.com Featured image from Bitcoinist, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":590919,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-590905","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-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Reveals Why Most Realistic XRP Price Lies Between $13 And $39<\/title>\n<meta name=\"description\" content=\"The future of the XRP price has been a hot topic of 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Reveals Why Most Realistic XRP Price Lies Between $13 And $39","url":"http:\/\/uniquehot.com\/news\/ripple\/realistic-xrp-price-13-and-39\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/realistic-xrp-price-13-and-39\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/XRP-Price-Small.jpeg?resize=200%2C167","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/XRP-Price-Small.jpeg?fit=320%2C167"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2024-03-01T13:45:37Z","datePublished":"2024-03-01T13:45:37Z","dateModified":"2024-06-11T08:12:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Reveals Why Most Realistic XRP Price Lies Between $13 And $39\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/realistic-xrp-price-13-and-39\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/realistic-xrp-price-13-and-39\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-Price-Small.jpeg?resize=200%2C167\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-Price-Small.jpeg?fit=320%2C167\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-03-01T13:45:37Z\",\"datePublished\":\"2024-03-01T13:45:37Z\",\"dateModified\":\"2024-06-11T08:12:13Z\"}<\/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\/2024\/03\/XRP-Price-Small.jpeg?fit=320%2C167","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/590905"}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=590905"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/590905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/590919"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=590905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=590905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=590905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}