Here’s Why Ripple (XRP) Price Could Hit $3, According to This Analyst

2024-11-17 16:00

XRP is starting to turn heads again in crypto. Looking at the price charts, things are looking up for Ripple’s coin. Popular analyst, Mikybull Crypto, thinks XRP’s price has room to grow. He sees it potentially hitting $3-$5 soon. And if it follows a similar path to its 2017 run? It might even climb to $9-$10.The technical signs on XRP’s chart back up this positive outlook.

XRP Price Trading in an Ascending Channel

XRP had two big price runs – one in 2017 and another in 2020 when the whole crypto market was strong. Right now, the XRP price is moving up steadily between two trend lines that mark where it usually bounces up and down.

The lower boundary of the channel, alongside historical support levels around $0.30-$0.50, has provided a robust base for recent price movements. On the upper end, the channel aligns with Fibonacci extension targets near $9-$10.

The XRP price just broke through a triangle pattern it was stuck in, which usually means it wants to keep moving up. If it stays above this breakout point, we might see XRP climb back to its old high prices between $3 and $5.

Image Source: X/MikybullCrypto Fibonacci Levels and EMA Indicators Suggest Bullish Potential

Key Fibonacci retracement levels on the chart further validate the analyst’s outlook. Historical data highlights the 1.618 Fibonacci extension at $0.15 as a critical breakout level during past rallies. Similarly, the current Fibonacci projection places $9-$10 as a potential peak if XRP matches its 2017 performance.

Exponential Moving Averages (EMAs) provide additional insight. Bullish crossovers on the EMA ribbons, seen before major rallies in the past, are forming again. This suggests price compression and the possibility of an imminent upward move, aligning with the analyst’s conservative targets.

Read Also: Crypto Analyst Maps Solana’s (SOL) Price Path Beyond $450 Following This Key Resistance Break

Analyst’s Prediction and Market Context

Mikybull Crypto emphasized a conservative price range of $3-$5 for XRP, with the possibility of $9-$10 in an ideal bullish scenario. The reference to the 2017 rally resonates with long-term investors, suggesting the potential for history to repeat if favorable market conditions align.

The combination of strong technical indicators, historical trends, and the optimistic projection by Mikybull underscores XRP’s price potential for upward movement. As market participants monitor these developments, XRP remains a token to watch in the coming months.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Here’s Why Ripple (XRP) Price Could Hit $3, According to This Analyst appeared first on CaptainAltcoin.

origin »

Ripple (XRP) на Currencies.ru

$ 1.979 (+1.14%)
Объем 24H $3.537b
Изменеия 24h: -3.63 %, 7d: -3.60 %
Cегодня L: $1.9318 - H: $2.0608
Капитализация $120.301b Rank 5
Цена в час новости $ 1.0714 (84.71%)

xrp price analyst looking crypto ripple thinks

Источник: captainaltcoin.com

xrp price → Результатов: 126


XRP Leads Market Rally with 12% Surge: What’s Driving the Spike?

XRP surged 12% to reach $2. 42 on January 6, marking its highest price since mid-November 2025, before hovering around the current $2. 35 mark. Related Reading: Here’s Why The Shiba Inu Price Jumped Over 13% The jump coincided with a strong influx of capital into XRP-focused exchange-traded funds (ETFs), technical breakout patterns, and a sharp reduction in short positions.

2026-1-7 02:00


XRP Price Is Not Out Of The Woods As A 56% Crash Could Be Coming, Here’s Why

XRP price may be stabilizing above recent lows, but underlying signals suggest the asset remains structurally vulnerable. While short-term price action shows marginal recovery, market analyst Ali Martinez argues that weakening network fundamentals, large-holder distribution, and fragile technical support indicate downside risk has not been neutralized.

2026-1-1 03:00


Banks Could Favor A Higher XRP Price, Finance Expert Says

XRP has continued to trade lower as crypto prices weaken across the board, with the total market shedding more than $1. 3 trillion since October. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn During the past three months, XRP has dropped more than 30%, keeping pressure on sentiment even as some commentators argue the token’s purpose goes far beyond short-term price moves.

2025-12-21 00:00


XRP Dominates Institutional Inflows, But Why Is Price Still Low?

XRP is at the center of the institutional flows, leading the crypto market in streaks of capital inflows even as its price is locked around $2. Recent data shows that money is still entering into Spot XRP ETF products, but despite this steady demand and a clear shift toward bullish sentiment across social platforms, XRP’s spot price has struggled to break higher, and this raises questions as to why inflows and price action appear out of sync.

2025-12-16 01:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Bottom Signal? This On-Chain Flip Has Preceded Every Major Rally

Bitcoin might be quietly doing something important right now. While price action still looks messy on the surface, on-chain data is starting to tell a calmer story.   A signal shared by Crypto Patel shows the Short-Term Holder Supply Ratio flipping back above break-even, a move that has historically appeared before some of Bitcoin’s strongest rallies.

ChatGPT Predicts BTC and ETH Prices Following Newest Trump Tariffs

Crypto markets are once again being pulled into the center of global politics after Donald Trump escalated trade tensions with Europe. The US president has threatened 10% tariffs on imports from several European countries starting February 1, 2026, with the rate potentially rising to 25% by June if negotiations fail.