Current cryptocurrency market momentum has pushed XRP up to $2. Positive price momentum in the cryptocurrency market has brought a positive wave to the marketplace. Several analysts are now assessing how Ripple will be able to claim higher prices within no time.
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XRP To Claim $18? Experts Say Yes
Now, the bullish wave in the market is pushing XRP up to new heights. The token is now at the $2 price point, attracting a fresh influx of new investors who are eager to learn more about the token. According to Egrag Crypto – a notable crypto analyst – XRP has yet to reach its maximum price.
Egrag Crypto, in a post on X that was updated regularly, explained how XRP could easily reach the $18 level, as the token is now carving its own trajectory. He explained how certain candlesticks on the XRP charts are indicating a rise that will be meteoric for the token. Analyst noted, for instance, that the December candle of the XRP Price Chart signals a 830% increase, which may catapult XRP’s price up to $18.
“#XRP: $18 by Dec 2024, $150 by Jan 2025? 🧐 Hold on tight, and don’t shoot the messenger! 🎯 During this critical phase of the #BullRun, I tread carefully when projecting high price targets. My goal is to balance realistic expectations while not letting you miss the opportunity of a lifetime. This is not financial advice—just my analysis shared freely to help guide you. How Can XRP Reach $18 and $150 in Two Months? A) November’s “Moonvember” Candle: A 300% pump already aligns closely with 2017’s 328% surge. (Yellow Candle) 🌙📈 B) December Candle: If we see an 830% pump, XRP could skyrocket to $18. But remember, in 2017, this candle had a 60% drop in its wick—can you stomach that volatility? ⚡💎.”
Egrag Crypto, on the other hand, shared an impressive new analysis. It claimed that, with luck, the token could also reach the $150 price point by January 2025.
#XRP : $18 by Dec 2024, $150 by Jan 2025? 🧐
Hold on tight, and don’t shoot the messenger! 🎯
During this critical phase of the #BullRun, I tread carefully when projecting high price targets. My goal is to balance realistic expectations while not letting you miss the… pic.twitter.com/J8814hm8c4
— EGRAG CRYPTO (@egragcrypto) December 1, 2024
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The XRP price forecast for December
In addition to the positive forecasts of prices, technical portals also have an updated analysis on Ripple’s price. The price analysis for Ripple has also been updated by the technical portals. CoinCodexXRP will see a drop in price of around 33% at the end of the month of December, stabilizing near the $1.56 level.
“According to our current Ripple price prediction, the price of Ripple is predicted to drop by -33.24% and reach $ 1.561629 by January 1, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 81 (extreme greed). XRP recorded 19/30 (63%) green days with 43.91% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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“This article is not financial advice.”
“Always do your own research before making any type of investment.”
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Source: watcher.guru
