{"id":636468,"date":"2024-08-19T20:00:49","date_gmt":"2024-08-19T20:00:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=636468"},"modified":"2024-08-19T12:43:41","modified_gmt":"2024-08-19T12:43:41","slug":"xrp-next-price-target-will-shock-you","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/xrp\/xrp-next-price-target-will-shock-you\/","title":{"rendered":"XRP Primed For A Major Breakout, The Next Price Target Will Shock You"},"content":{"rendered":"

Amid recent market volatility, major cryptocurrencies like <\/span>XRP<\/span><\/a> have seen a wave of optimism among investors and traders as several crypto analysts continue to offer bold predictions regarding the altcoin. <\/span><\/p>\n

Even though XRP has not been able to witness a massive surge since its rally to its current all-time high in 2017, these analysts are confident that a similar move could take place in the ongoing bull cycle.<\/span><\/p>\n

Is XRP On The Brink Of Hitting A New All-Time High?<\/span><\/h2>\n

In an audacious <\/span>prediction<\/span><\/a>, well-known crypto expert and trader, Xaif, delving into the current price action of XRP, has claimed that the crypto asset is preparing for a possible significant breakout, suggesting renewed strength for a major rally ahead. Xaif made the bold prediction after citing a bullish Symmetrical Triangle pattern on the <\/span>altcoin<\/span><\/a>‘s chart in the weekly timeframe.<\/span><\/p>\n

Related Reading: Can The XRP Price Cross $250? Crypto Analyst Predicts 42,000% Breakout<\/a><\/div>\n

Specifically, this pattern develops when an ascending line connecting the lows and a descending line connecting the highs converge. Also, they suggest a consolidation phase before a potential breakout on the upside or the downside.<\/span><\/p>\n

However, in this scenario, the crypto expert has identified an impending massive breakout for XRP on the upside, indicating a possible <\/span>strong move<\/span><\/a> for the digital asset in the upcoming days. Analyzing the magnitude of the breakout, Xaif has set his next price target for XRP at the pivotal $150 level in the next 6 months.<\/span><\/p>\n

\"XRP\"
XRP forms a bullish symmetrical triangle | Source: Xaif on X<\/a><\/figcaption><\/figure>\n

Xaif’s prediction appears to have caused quite a frenzy in the community as crypto enthusiasts express their strong displeasure with the analyst’s bold forecast. Despite the nature of crypto assets to undergo wild price swings, these enthusiasts have criticized the analyst for his claims believed to impact the community negatively.<\/span><\/p>\n

While the community has slammed his projection, Xaif remains firm, noting that the token is a real-life utility and that the possibility of XRP handling transactions globally will catalyze this massive rally to the $150 threshold and even higher.<\/span><\/p>\n

However, Xaif, in another <\/span>post<\/span><\/a>, highlighted\u00a0that XRP is stabilizing with a rising trendline between the $0,5650 support range and the $0.6450 resistance level. Meanwhile, a decline below $0.5650 or the trendline may indicate a negative trend, while a <\/span>breakout<\/span><\/a> above $0.6450 would suggest a bullish move.<\/span><\/p>\n

The Altcoin Needs To Break Through Key Resistance Levels<\/span><\/h2>\n

Whether a move to the $150 level looms, XRP is poised for a bullish breakout. Another crypto analyst, Fiatleak<\/span>, has\u00a0forecasted<\/a> a breakout for\u00a0<\/span>altcoin in the short term.<\/span><\/p>\n

Related Reading: Analyst Says XRP Price Will Rally 10,400% To $60, Here\u2019s When<\/a><\/div>\n

According to Fiatleak, the altcoin has been displaying strong signs of an upsurge for the past 2 days, due to growing market optimism and recent encouraging developments in the US Securities and Exchange Commission’s (SEC) <\/span>legal battle<\/span><\/a> with financial behemoth, Ripple.<\/span><\/p>\n

During the period, the analyst stated that the token has been fluctuating between $0.57 and $0.65, and other experts believe that if XRP can overcome significant <\/span>resistance levels<\/span><\/a>, it may soar to new all-time highs.<\/span><\/p>\n

\"XRP\"
XRP trading at $0.5818 on the 1D chart | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Adobe Stock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Amid recent market volatility, major cryptocurrencies like XRP have seen a wave of optimism among investors and traders as several crypto analysts continue to offer bold predictions regarding the altcoin. Even though XRP has not been able to witness a massive surge since its rally to its current all-time high in 2017, these analysts are confident that a similar move could take place in the ongoing bull cycle. Is XRP On The Brink Of Hitting A New All-Time High? In an audacious prediction, well-known crypto expert and trader, Xaif, delving into the current price action of XRP, has claimed that the crypto asset is preparing for a possible significant breakout, suggesting renewed strength for a major rally ahead. Xaif made the bold prediction after citing a bullish Symmetrical Triangle pattern on the altcoin‘s chart in the weekly timeframe. Related Reading: Can The XRP Price Cross $250? Crypto Analyst Predicts 42,000% Breakout Specifically, this pattern develops when an ascending line connecting the lows and a descending line connecting the highs converge. Also, they suggest a consolidation phase before a potential breakout on the upside or the downside. However, in this scenario, the crypto expert has identified an impending massive breakout for XRP on the upside, indicating a possible strong move for the digital asset in the upcoming days. Analyzing the magnitude of the breakout, Xaif has set his next price target for XRP at the pivotal $150 level in the next 6 months. Xaif’s prediction appears to have caused quite a frenzy in the community as crypto enthusiasts express their strong displeasure with the analyst’s bold forecast. Despite the nature of crypto assets to undergo wild price swings, these enthusiasts have criticized the analyst for his claims believed to impact the community negatively. While the community has slammed his projection, Xaif remains firm, noting that the token is a real-life utility and that the possibility of XRP handling transactions globally will catalyze this massive rally to the $150 threshold and even higher. However, Xaif, in another post, highlighted\u00a0that XRP is stabilizing with a rising trendline between the $0,5650 support range and the $0.6450 resistance level. Meanwhile, a decline below $0.5650 or the trendline may indicate a negative trend, while a breakout above $0.6450 would suggest a bullish move. The Altcoin Needs To Break Through Key Resistance Levels Whether a move to the $150 level looms, XRP is poised for a bullish breakout. Another crypto analyst, Fiatleak, has\u00a0forecasted a breakout for\u00a0altcoin in the short term. Related Reading: Analyst Says XRP Price Will Rally 10,400% To $60, Here\u2019s When According to Fiatleak, the altcoin has been displaying strong signs of an upsurge for the past 2 days, due to growing market optimism and recent encouraging developments in the US Securities and Exchange Commission’s (SEC) legal battle with financial behemoth, Ripple. During the period, the analyst stated that the token has been fluctuating between $0.57 and $0.65, and other experts believe that if XRP can overcome significant resistance levels, it may soar to new all-time highs. Featured image from Adobe Stock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":636469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[92913,3680,3799,6759,92914,92912,4531,10972,78763],"class_list":["post-636468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-fiatleak","tag-ripple","tag-sec","tag-securities-and-exchange-commission","tag-symmetrical-traingle","tag-xaif","tag-xrp","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Primed For A Major Breakout, The Next Price Target Will Shock You<\/title>\n<meta name=\"description\" content=\"crypto expert, Xaif delving into the current price action of XRP has claimed that the asset is preparing for a possible significant breakout\" \/>\n<meta name=\"robots\" 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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":"XRP Primed For A Major Breakout, The Next Price Target Will Shock You","url":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-next-price-target-will-shock-you\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/analysis\/xrp\/xrp-next-price-target-will-shock-you\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/XRP-from-Adobe-Stock-7.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/08\/XRP-from-Adobe-Stock-7.jpg?fit=639%2C360"},"articleSection":"XRP","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":["fiatleak","ripple","sec","securities and exchange commission","symmetrical traingle","xaif","xrp","xrpusd","xrpusdt"],"dateCreated":"2024-08-19T20:00:49Z","datePublished":"2024-08-19T20:00:49Z","dateModified":"2024-08-19T20:00:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Primed For A Major Breakout, The Next Price Target Will Shock You\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-next-price-target-will-shock-you\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/analysis\\\/xrp\\\/xrp-next-price-target-will-shock-you\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XRP-from-Adobe-Stock-7.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XRP-from-Adobe-Stock-7.jpg?fit=639%2C360\"},\"articleSection\":\"XRP\",\"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\":[\"fiatleak\",\"ripple\",\"sec\",\"securities and exchange commission\",\"symmetrical traingle\",\"xaif\",\"xrp\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-08-19T20:00:49Z\",\"datePublished\":\"2024-08-19T20:00:49Z\",\"dateModified\":\"2024-08-19T20:00:49Z\"}<\/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\/08\/XRP-from-Adobe-Stock-7.jpg?fit=639%2C360","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/636468"}],"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=636468"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/636468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/636469"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=636468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=636468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=636468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}