Why Is XRP’s Price ‘Not Moving’ Despite Win Against the SEC? Ripple Price Prediction

2024-8-15 01:15

Common Sense Crypto created a video to address concerns about why the price of XRP has not been spiking despite the win against the Securities and Exchange Commission.

At the time of the video, the price of Ripple’s XRP was sitting at $0.58 with no significant price movement. This has raised various questions among people, especially because XRP is still trading under $1.

Many people believed there would be a major breakout and continued rally as soon as the judge declared Ripple the winner, but the spike that followed the news did not last long.

Factors That Can Affect XRP Price

The analyst discussed various factors that can affect the price of XRP and how these factors could help the price grow in the long term.

.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} Next Meme Coin to Explode? Look No Further If You Are Looking for the Next PEPE or POPCAT.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}

Meet PandaWorld, the new meme coin currently selling at discounted presale prices! The project was inspired by the adventures of six panda siblings, utilizing their unique abilities to bring together gaming, staking, and other features.

Show more +Show less –

He discussed the Ripple IPO and the launch of RLUSD, mentioning that they will affect the token’s price and make it move.

Also, there have been various speculations about an upcoming alt season, and since there are no cases that could stop the price of XRP again, the analyst thinks XRP would pump at such a time.

The speaker sees XRP spiking to an all-time high during the altcoin season, after which he expects XRP utility and upcoming features to keep the price up.

Read Also: Injective Reclaims $18 Support: Expert Eyes INJ Bullish Surge

XRP Price Predictions and Expectations

The crypto analyst spoke about some analysts’ views and predictions. He noted that many expect a price spike to $8 by the end of the year.

They also think it could reach $1 at the end of August. However, the crypto analyst mentioned that no one is sure of what is going to happen, but he is certain we are going to experience an alt season.

The analysts also say that institutions will start to accumulate more XRP soon, which will make it scarcer and potentially increase its value.

Japanese banks and institutions like SBI Ripple Asia are leading the way in using XRP for cross-border payments. This growing utility is expected to drive price increases in the future.

Another factor expected to spike the price is having the right regulations in place. The analyst also thinks clearer regulation can increase the adoption of XRP and drive up the price. That’s when he thinks the “flip of the switch” moment will happen.

Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?
Get all our future calls by joining our FREE Telegram group.

We recommend eToro 74% of retail CFD accounts lose money. 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.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Why Is XRP’s Price ‘Not Moving’ Despite Win Against the SEC? Ripple Price Prediction appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price xrp ripple against video despite win

Источник: captainaltcoin.com

price xrp → Результатов: 126


Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000

A recent buzz on the X (formerly Twitter) social media platform has sparked speculation that the XRP price could hit $1,000. However, a crypto pundit has slammed these overly inflated and seemingly unrealistic predictions, pointing to market capitalization and the coin’s current fundamentals as clear obstacles to such a price surge.  Analyst Criticizes $1,000 XRP […]

2024-9-18 05:00


Фото:

XRP Price Nears Major Converging Point: Analyst Predicts 3,600% Jump To $20

A crypto analyst has predicted the next price target for the XRP price, noting that the altcoin was nearing a key point that could potentially trigger a major bull rally for the cryptocurrency.   XRP Price Roadmap to $20 In an X (formerly Twitter) post on May 20, Crypto analyst, Javon Marks forecasted a strong bullish breakout for the XRP price in this market cycle.

2024-5-23 02:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Solana Unveils ‘Seeker’: Next-Gen Web3 Mobile Device, SOL Price Surges

Solana recently announced its new initiative, Solana Mobile, unveiling the Solana Seeker—a mobile device designed specifically for the web3 experience. The Seeker aims to blend hardware and software seamlessly, offering a lighter and brighter design, improved camera capabilities, and extended battery life, all at a more affordable price point.