{"id":637096,"date":"2024-08-22T11:30:48","date_gmt":"2024-08-22T11:30:48","guid":{"rendered":"https:\/\/uniquehot.com\/?p=637096"},"modified":"2024-08-22T13:02:29","modified_gmt":"2024-08-22T13:02:29","slug":"xrp-smashes-through-resistance-could-soar-15-analyst-says","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/xrp-smashes-through-resistance-could-soar-15-analyst-says\/","title":{"rendered":"XRP Smashes Through Resistance, Could Soar 15%, Analyst Says"},"content":{"rendered":"

Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such.<\/p>\n

Related Reading: Tron Rises 24% Amid New Developments \u2013 Will The Uptrend Continue?<\/a><\/div>\n

Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the price of XRP.<\/p>\n

Against this backdrop, XRP <\/a>is currently trading at the level of $0.603, which is a 4% in profit over the past 24 hours. Over a seven-day period, the digital asset managed to soar in price by almost 5%, but its monthly gain was more modest at 1.29%.<\/p>\n

Several factors are driving this momentum from technical analysis to more speculative influences. Let’s jump into what’s going on with XRP and what could be next.<\/p>\n

Analyst’s Bullish Comments<\/strong><\/h2>\n

One of the big voices right now in the XRP room is crypto analyst Bret Hill. He just pointed out the importance of this break above consolidation, as seen by XRP’s recent movements.<\/p>\n

\n

\ud83d\ude80 **XRP\/USDT Daily Chart Update:**<\/p>\n

The XRP\/USDT pair has just **blasted through its consolidation phase** with a **bullish breakout** that’s got the charts screaming “LFG!” The price has surged to **$0.6054**, and the momentum is clearly with the bulls.<\/p>\n

**Next Big Target:**\u2026 pic.twitter.com\/Qp6HLL6pEn<\/a><\/p>\n

\u2014 Brett (@Brett_Crypto_X) August 20, 2024<\/a><\/p><\/blockquote>\n

This, according to Hill, paves the way for further upside toward the next resistance level target of $0.684\u2014the very level that will not be a walk in the park for the bulls. This level of interest isn’t a usual random one, but rather, a critical point that, once breached, shall signal larger upside waves.<\/p>\n

\"\"<\/p>\n

Traders should now eye the $0.684 level. If the altcoin can finally break over this critical level, it may be the spark for greater gains. The excitement is tangible in the market, and this excitement could prove to be the fuel propelling XRP to higher prices.<\/p>\n

Prophetic Predictions Rouse Interest<\/strong><\/h2>\n

While technical analyses present one view, there is another controversial perspective covered. One of the most famous Christian prophets, Pastor Brandon Biggs, hit the headlines lately on his latest prediction related to XRP.<\/p>\n

Particularly, Biggs claims that XRP could experience an overnight surge that will see the cryptocurrency<\/a> regain its past glory. His prophecy, although speculative, caught eyes in the crypto community.<\/p>\n

XRP is currently trading at $0.60, Chart: TradingView<\/a><\/figcaption><\/figure>\n

He described a vision of a financial shift tied to the crypto, with a “rapid acceleration” in the token’s value. He believes it could be so fast that it catches investors by surprise.<\/p>\n

By no means are these based on traditional market analysis, yet his predictions do add an intriguing layer to the ongoing conversation about XRP. And, for those few that believe Biggs truly does see the bigger picture, then XRP may mean something other than a financial asset\u2014that XRP may be part of an even bigger, spiritually significant event.<\/p>\n

Related Reading: Celestia: Market Dip Leaves TIA Investors 16% In The Red<\/a><\/div>\n

Market Sentiment And Investor Behavior<\/strong><\/h3>\n

In this respect, the technicals on XRP suggest that the cryptocurrency could be poised for higher prices. On the other hand, we see speculative and “spiritual” predictions by Biggs, which make the situation even more intriguing.<\/p>\n

\"\"
Source: CoinCheckup<\/a><\/figcaption><\/figure>\n

XRP Price Forecast<\/strong><\/h3>\n

XRP looks to subject itself to a trending move in the coming seven days, as the market points to the possibility of a bullish performance<\/a>, data from crypto price prediction platform CoinCheckup shows.<\/p>\n

Currently, the value is transacting 20% down from its forecast for the coming month, which means that there can be a possible temporary dip before a climactic shift upwards.<\/p>\n

Traders will most likely benefit from the projected gains derivable during what looks like a short-lived correction. Technical indicators are pointing towards XRP gaining momentum, which could buoy the price higher as market sentiment improves.<\/p>\n

Looking at a three-month timescale ahead, it appears that XRP will witness an upsurge of 25%, while the view is steadily bullish over the next six months, showing approximately 170% growth.<\/p>\n

Featured image from PremiumBeat, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Related Reading: Tron Rises 24% Amid New Developments \u2013 Will The Uptrend Continue? Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the price of XRP. Against this backdrop, XRP is currently trading at the level of $0.603, which is a 4% in profit over the past 24 hours. Over a seven-day period, the digital asset managed to soar in price by almost 5%, but its monthly gain was more modest at 1.29%. Several factors are driving this momentum from technical analysis to more speculative influences. Let’s jump into what’s going on with XRP and what could be next. Analyst’s Bullish Comments One of the big voices right now in the XRP room is crypto analyst Bret Hill. He just pointed out the importance of this break above consolidation, as seen by XRP’s recent movements. \ud83d\ude80 **XRP\/USDT Daily Chart Update:** The XRP\/USDT pair has just **blasted through its consolidation phase** with a **bullish breakout** that’s got the charts screaming “LFG!” The price has surged to **$0.6054**, and the momentum is clearly with the bulls. **Next Big Target:**\u2026 pic.twitter.com\/Qp6HLL6pEn \u2014 Brett (@Brett_Crypto_X) August 20, 2024 This, according to Hill, paves the way for further upside toward the next resistance level target of $0.684\u2014the very level that will not be a walk in the park for the bulls. This level of interest isn’t a usual random one, but rather, a critical point that, once breached, shall signal larger upside waves. Traders should now eye the $0.684 level. If the altcoin can finally break over this critical level, it may be the spark for greater gains. The excitement is tangible in the market, and this excitement could prove to be the fuel propelling XRP to higher prices. Prophetic Predictions Rouse Interest While technical analyses present one view, there is another controversial perspective covered. One of the most famous Christian prophets, Pastor Brandon Biggs, hit the headlines lately on his latest prediction related to XRP. Particularly, Biggs claims that XRP could experience an overnight surge that will see the cryptocurrency regain its past glory. His prophecy, although speculative, caught eyes in the crypto community. He described a vision of a financial shift tied to the crypto, with a “rapid acceleration” in the token’s value. He believes it could be so fast that it catches investors by surprise. By no means are these based on traditional market analysis, yet his predictions do add an intriguing layer to the ongoing conversation about XRP. And, for those few that believe Biggs truly does see the bigger picture, then XRP may mean something other than a financial asset\u2014that XRP may be part of an even bigger, spiritually significant event. Related Reading: Celestia: Market Dip Leaves TIA Investors 16% In The Red Market Sentiment And Investor Behavior In this respect, the technicals on XRP suggest that the cryptocurrency could be poised for higher prices. On the other hand, we see speculative and “spiritual” predictions by Biggs, which make the situation even more intriguing. XRP Price Forecast XRP looks to subject itself to a trending move in the coming seven days, as the market points to the possibility of a bullish performance, data from crypto price prediction platform CoinCheckup shows. Currently, the value is transacting 20% down from its forecast for the coming month, which means that there can be a possible temporary dip before a climactic shift upwards. Traders will most likely benefit from the projected gains derivable during what looks like a short-lived correction. Technical indicators are pointing towards XRP gaining momentum, which could buoy the price higher as market sentiment improves. Looking at a three-month timescale ahead, it appears that XRP will witness an upsurge of 25%, while the view is steadily bullish over the next six months, showing approximately 170% growth. Featured image from PremiumBeat, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":637119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,1742,4531,10972],"class_list":["post-637096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-digital-currency","tag-xrp","tag-xrpusd"],"acf":[],"yoast_head":"\nXRP Smashes Through Resistance, Could Soar 15%, Analyst Says<\/title>\n<meta name=\"description\" content=\"Ripple's XRP is on a rampage, breaking through a key resistance level of late. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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