{"id":558036,"date":"2023-10-28T22:00:40","date_gmt":"2023-10-28T22:00:40","guid":{"rendered":"https:\/\/wncen.com\/?p=558036"},"modified":"2024-06-11T08:01:25","modified_gmt":"2024-06-11T08:01:25","slug":"xrp-price-prediction-bounce","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-bounce\/","title":{"rendered":"XRP Price Prediction: Analyst Points Out Incoming Mega Bounce, Here\u2019s The Target"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Another bullish prediction has come in for the XRP price which is arguably more optimistic than many would expect. This time around, a crypto analyst is expecting XRP to use up its stored energy for an explosive rally that could see the altcoin rally to $27, well above its all-time high.\u00a0<\/span><\/p>\n<h2>XRP Price Suppressed During Last Bull Run Because Of SEC Lawsuit<\/h2>\n<p><span style=\"font-weight: 400\">Crypto analyst ERGAG CRYPTO recently predicted that XRP is poised for a massive 4,000% price surge. ERGAG made this prediction in an X post, detailing how this price surge can be actually possible. According to the analyst, XRP&#8217;s price was suppressed during the last major crypto bull run in 2021 due to an ongoing lawsuit from the SEC against Ripple Labs, XRP&#8217;s creator.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/litecoin\/litecoin-whales-price-100\/\">Litecoin Whales Are Back In The Game, Can Price Reach $100?<\/a><\/div>\n<p><span style=\"font-weight: 400\">While Bitcoin and other altcoins were hitting new all-time highs, the XRP price struggled to keep up due to fears the lawsuit could severely impact the project&#8217;s future. For instance, during this time period, Bitcoin skyrocketed by 23X, and Ethereum also went up a whopping 58X.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A federal judge in the United States <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/ripple-victory-against-the-sec-may-be-short-lived\/\"><span style=\"font-weight: 400\">has since determined<\/span><\/a><span style=\"font-weight: 400\"> that the programmatic sales of XRP do not constitute the selling of securities. Now that the lawsuit seems to be coming to an end with a <\/span><a href=\"https:\/\/bitcoinist.com\/sec-ripple-founders-trial\/#:~:text=As%20part%20of%20his%20arguments,which%20Judge%20Torres%20had%20ruled\" rel=\"nofollow\"><span style=\"font-weight: 400\">settlement in sight<\/span><\/a><span style=\"font-weight: 400\">, XRP is poised to make up for lost time and shoot up with this lost energy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The analyst predicts the XRP price could rally 40 times from its current level to $27 in the subsequent bull run, which would exactly coincide with the Fibonacci 1.618 indicator from the 2017 peak to the 2020 bottom.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-558037 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=460&#038;resize=460%2C200\" alt=\"XRP price prediction\" width=\"460\" height=\"200\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=1281 1281w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/XRP-price-prediction.jpeg?w=1140 1140w\" sizes=\"(max-width: 460px) 100vw, 460px\"><\/p>\n<pre style=\"text-align: center\">Source: X<\/pre>\n<p><span style=\"font-weight: 400\">Although a timeline for the next bull run is not known at the moment, ERGAG puts this spike to happen around mid-2024.<\/span><\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">One day for sure. But suggestion March &#8211; May 2024 will be fire works.<\/p>\n<p>\u2014 EGRAG CRYPTO (@egragcrypto) <a href=\"https:\/\/twitter.com\/egragcrypto\/status\/30404078?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 26, 2023<\/a><\/p><\/blockquote>\n<h2>What\u2019s Next For XRP?<\/h2>\n<p><span style=\"font-weight: 400\">The entire crypto market <\/span><a href=\"https:\/\/wncen.com\/altcoin\/bitcoin-season-leading-the-charge-in-the-crypto-market\/\"><span style=\"font-weight: 400\">has witnessed gains<\/span><\/a><span style=\"font-weight: 400\"> since the middle of October, and the XRP price hasn&#8217;t been left out. Bitcoin, for instance, attained a new yearly high of $35,150. At the time of writing, XRP is trading at $0.547, up by 5.73% in the past seven days.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-shib-burn-shibarium\/\">Shiba Inu Team Member Clarifies SHIB Burn As Shibarium Grows<\/a><\/div>\n<p><span style=\"font-weight: 400\">Although its price is relatively low compared to other altcoins, XRP is still <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-1137-rise\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">one of the strongest<\/span><\/a><span style=\"font-weight: 400\"> in the entire market, occupying the 5th spot in terms of market cap.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">ERGAG CRYPTO has also had some very <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-5000-30\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">optimistic price predictions for XRP<\/span><\/a><span style=\"font-weight: 400\"> in the past. While a $27 price point seems very overachieving, XRP <\/span><a href=\"https:\/\/bitcoinist.com\/buy-xrp-price-prediction\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">could easily smash through<\/span><\/a><span style=\"font-weight: 400\"> its previous all-time high of $3.84 in the next bull market. The analyst had initially predicted that the altcoin might not see a new all-time high <\/span><a href=\"https:\/\/bitcoinist.com\/crypto-analyst-points-out-how-long-it-will-take-for-xrp-price-to-hit-new-ath\/#:~:text=Expert%20Predicts%20XRP%20May%20Not%20Reach%20New%20ATH%20For%205%20Years&amp;text=A%20crypto%20analyst%20who%20goes,a%20new%20all%2Dtime%20high.\" rel=\"nofollow\"><span style=\"font-weight: 400\">by July 2028<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/ZBzy6fuh\/\" alt=\"Shiba Inu price chart from Tradingview.com (SHIB whales)\" width=\"2650\" height=\"1758\"><\/p>\n<pre style=\"text-align: center\">XRP sees slight retracement | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another bullish prediction has come in for the XRP price which is arguably more optimistic than many would expect. This time around, a crypto analyst is expecting XRP to use up its stored energy for an explosive rally that could see the altcoin rally to $27, well above its all-time high.\u00a0 XRP Price Suppressed During Last Bull Run Because Of SEC Lawsuit Crypto analyst ERGAG CRYPTO recently predicted that XRP is poised for a massive 4,000% price surge. ERGAG made this prediction in an X post, detailing how this price surge can be actually possible. According to the analyst, XRP&#8217;s price was suppressed during the last major crypto bull run in 2021 due to an ongoing lawsuit from the SEC against Ripple Labs, XRP&#8217;s creator.\u00a0 Related Reading: Litecoin Whales Are Back In The Game, Can Price Reach $100? While Bitcoin and other altcoins were hitting new all-time highs, the XRP price struggled to keep up due to fears the lawsuit could severely impact the project&#8217;s future. For instance, during this time period, Bitcoin skyrocketed by 23X, and Ethereum also went up a whopping 58X.\u00a0 A federal judge in the United States has since determined that the programmatic sales of XRP do not constitute the selling of securities. Now that the lawsuit seems to be coming to an end with a settlement in sight, XRP is poised to make up for lost time and shoot up with this lost energy.\u00a0 The analyst predicts the XRP price could rally 40 times from its current level to $27 in the subsequent bull run, which would exactly coincide with the Fibonacci 1.618 indicator from the 2017 peak to the 2020 bottom. Source: X Although a timeline for the next bull run is not known at the moment, ERGAG puts this spike to happen around mid-2024. &nbsp; One day for sure. But suggestion March &#8211; May 2024 will be fire works. \u2014 EGRAG CRYPTO (@egragcrypto) October 26, 2023 What\u2019s Next For XRP? The entire crypto market has witnessed gains since the middle of October, and the XRP price hasn&#8217;t been left out. Bitcoin, for instance, attained a new yearly high of $35,150. At the time of writing, XRP is trading at $0.547, up by 5.73% in the past seven days.\u00a0 Related Reading: Shiba Inu Team Member Clarifies SHIB Burn As Shibarium Grows Although its price is relatively low compared to other altcoins, XRP is still one of the strongest in the entire market, occupying the 5th spot in terms of market cap.\u00a0 ERGAG CRYPTO has also had some very optimistic price predictions for XRP in the past. While a $27 price point seems very overachieving, XRP could easily smash through its previous all-time high of $3.84 in the next bull market. The analyst had initially predicted that the altcoin might not see a new all-time high by July 2028. XRP sees slight retracement | Source: XRPUSD on Tradingview.com Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":558042,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-558036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>XRP Price Prediction: Analyst Points Out Incoming Mega Bounce, Here\u2019s The Target<\/title>\n<meta name=\"description\" content=\"Another bullish prediction has come in 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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