{"id":612252,"date":"2024-06-11T01:00:13","date_gmt":"2024-06-11T01:00:13","guid":{"rendered":"https:\/\/uniquehot.com\/?p=612252"},"modified":"2024-06-11T07:40:50","modified_gmt":"2024-06-11T07:40:50","slug":"xrp-price-rally-50000-to-250","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/xrp-price-rally-50000-to-250\/","title":{"rendered":"Crypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here\u2019s When"},"content":{"rendered":"

Crypto analyst Chad Steingraber<\/span><\/a> has made an <\/span>ultra-bullish price prediction<\/span><\/a> for the XRP price, stating that the crypto token\u2019s price could rise to three figures. The analyst also outlined when this price target will be attained.\u00a0<\/span><\/p>\n

XRP Will Hit $250 In This Market Cycle<\/h2>\n

Steingraber mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that XRP will reach $250 by 2025, which he believes will represent the <\/span>market top<\/span><\/a> for the crypto token in <\/span>this bull run<\/span><\/a>. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top.<\/span><\/p>\n

Related Reading: Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon<\/a><\/div>\n

Steingraber has <\/span>previously provided <\/span><\/a>several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for the <\/span>XRP ETFs<\/span><\/a> will direct their assets into an institutional liquidity hub.\u00a0<\/span><\/p>\n

He believes an <\/span>XRP ETF<\/span><\/a> will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that the <\/span>Securities and Exchange Commission\u2019s (SEC)<\/span><\/a> lawsuit against Ripple is one of the factors suppressing XRP\u2019s price up until now.\u00a0<\/span><\/p>\n

He had earlier claimed that XRP\u2019s price wasn\u2019t going up because new money wasn\u2019t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once the <\/span>SEC\u2019s case against Ripple<\/span><\/a> is over. Steingraber isn\u2019t the only one who believes that XRP\u2019s price could skyrocket and climb to three figures once the lawsuit ends.\u00a0<\/span><\/p>\n

Crypto analyst JackTheRippler<\/span><\/a> also <\/span>predicted<\/span><\/a> that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraber\u2019s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull also <\/span>predicted<\/span><\/a> that XRP could reach three figures, rallying 28,900% to $154.\u00a0<\/span><\/p>\n

XRP Price To $7.5 In The Meantime<\/h2>\n

Crypto analyst Egrag Crypto<\/span><\/a> has suggested that XRP rising to $7.5 is the price target to watch before the crypto token reaches the heights analysts like Steingraber predict. In an <\/span>X post<\/span><\/a>, he stated that \u201c$7.5 is target number 1.\u201d Egrag went on to outline how this <\/span>move to $7.5<\/span><\/a> will likely take place.\u00a0<\/span><\/p>\n

Related Reading: Litecoin Sees Massive 75% Surge In Major Metric \u2013 Can This Trigger A Rally To $200?<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

He stated he is highly convinced that XRP will break the white triangle (on the chart he shared) and hit the <\/span>measured move at $1.5<\/span><\/a>. From there, he expects XRP to make its move to $7.5. However, he warned that the Fib 1.618 zone where $7.5 is situated is \u201ccritical\u201d and that a lot of <\/span>profit-taking<\/span><\/a> will happen there, suggesting that XRP could significantly decline once it reaches such heights.\u00a0<\/span><\/p>\n

Egrag added that the next targets for XRP will be \u201cmid-double digits near Fib 2.414 & 2.618\u201d if XRP archives a weekly close above Fib 1.618.\u00a0<\/span><\/p>\n

\"XRP
Price drops below $0.5 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token\u2019s price could rise to three figures. The analyst also outlined when this price target will be attained.\u00a0 XRP Will Hit $250 In This Market Cycle Steingraber mentioned in an X (formerly Twitter) post that XRP will reach $250 by 2025, which he believes will represent the market top for the crypto token in this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000 in 2025, which will also be their market top. Related Reading: Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon Steingraber has previously provided several reasons why he is so bullish on XRP and believes the crypto token could attain such heights. He once alluded to a potential XRP ETF as one factor that could trigger significant price surges for XRP. He explained that an XRP ETF would give the crypto token an added utility as fund issuers for the XRP ETFs will direct their assets into an institutional liquidity hub.\u00a0 He believes an XRP ETF will drive more demand for the crypto token, ultimately driving up its price when a supply shock occurs. Steingraber also believes that the Securities and Exchange Commission\u2019s (SEC) lawsuit against Ripple is one of the factors suppressing XRP\u2019s price up until now.\u00a0 He had earlier claimed that XRP\u2019s price wasn\u2019t going up because new money wasn\u2019t flowing into its ecosystem and affirmed that the crypto token would likely see an influx of new money once the SEC\u2019s case against Ripple is over. Steingraber isn\u2019t the only one who believes that XRP\u2019s price could skyrocket and climb to three figures once the lawsuit ends.\u00a0 Crypto analyst JackTheRippler also predicted that XRP would rise above $100 once the case ends. The analyst even gave a more bullish prediction than Steingraber\u2019s, stating that XRP hitting $10,000 was achievable after the lawsuit. Crypto analyst CryptoBull also predicted that XRP could reach three figures, rallying 28,900% to $154.\u00a0 XRP Price To $7.5 In The Meantime Crypto analyst Egrag Crypto has suggested that XRP rising to $7.5 is the price target to watch before the crypto token reaches the heights analysts like Steingraber predict. In an X post, he stated that \u201c$7.5 is target number 1.\u201d Egrag went on to outline how this move to $7.5 will likely take place.\u00a0 Related Reading: Litecoin Sees Massive 75% Surge In Major Metric \u2013 Can This Trigger A Rally To $200? He stated he is highly convinced that XRP will break the white triangle (on the chart he shared) and hit the measured move at $1.5. From there, he expects XRP to make its move to $7.5. However, he warned that the Fib 1.618 zone where $7.5 is situated is \u201ccritical\u201d and that a lot of profit-taking will happen there, suggesting that XRP could significantly decline once it reaches such heights.\u00a0 Egrag added that the next targets for XRP will be \u201cmid-double digits near Fib 2.414 & 2.618\u201d if XRP archives a weekly close above Fib 1.618.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":612270,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-612252","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-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here\u2019s When<\/title>\n<meta name=\"description\" content=\"Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that it could rise to three figures.\" \/>\n<meta name=\"robots\" content=\"index, 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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. 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