{"id":558592,"date":"2023-11-01T14:00:31","date_gmt":"2023-11-01T14:00:31","guid":{"rendered":"https:\/\/wncen.com\/?p=558592"},"modified":"2024-06-11T08:01:18","modified_gmt":"2024-06-11T08:01:18","slug":"xrp-price-prediction-0-9","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-0-9\/","title":{"rendered":"XRP Price Prediction: Crypto Analyst Says Price Will Jump To $0.9"},"content":{"rendered":"

XRP price predictions<\/span><\/a> continue <\/span>to make the rounds<\/span><\/a>, and one of the latest price predictions happens to be that of prominent <\/span>crypto analyst<\/span><\/a> CrediBULL Crypto, who recently gave a comprehensive analysis of the <\/span>token\u2019s future trajectory<\/span><\/a>.\u00a0<\/span><\/p>\n

How XRP Price Could Rise To $0.9<\/h2>\n

In a <\/span>post<\/span><\/a> shared on his X (formerly Twitter) platform, the crypto analyst highlighted that while analyzing the XRP\/USD chart, the fact that <\/span>XRP is currently enjoying<\/span><\/a> an upward trend, but that could soon come to an end as it faces a resistance level at around the price range of $0.63.\u00a0<\/span><\/p>\n

Related Reading: Ripple Partner\u2019s Staggering XRP Holdings Revealed, Do They Know Something You Don\u2019t?<\/a><\/div>\n

He was, however, quick to alleviate any fear of a potential dump as he noted that the rejection doesn\u2019t necessarily translate to a massive dump down but could simply mean a consolidation around that price range.\u00a0\u00a0<\/span><\/p>\n

He also sounded optimistic when he stated that there is a \u201cdecent chance\u201d that the <\/span>XRP<\/span><\/a> price breaks that resistance level, which, if it does, could see the token <\/span>rise to as high as $0.9<\/span><\/a>. He didn\u2019t, however, provide a timeframe for when this could happen, as he mentioned that XRP holders might have to be patient.\u00a0<\/span><\/p>\n

On the bright side, <\/span>XRP\u2019s fundamentals<\/span><\/a> are looking stronger, especially with Ripple\u2019s latest win against the SEC, with the Commission dismissing its case against the company\u2019s founders. Ripple is also actively building to expand its services, which could see <\/span>XRP\u2019s utility increase<\/span><\/a> as a result of the company\u2019s efforts.\u00a0<\/span><\/p>\n

What Could Hinder XRP\u2019s Rise?<\/h2>\n

CrediBULL Crypto also mentioned the factor that was hindering a massive rally from the XRP price. According to him, the token is simply facing the same problem that other altcoins are encountering, which is a <\/span>lack of liquidity in the market<\/span><\/a>.\u00a0<\/span><\/p>\n

He stated that this was what ultimately affected XRP\u2019s decline in the months leading up to now, as he had predicted that XRP was going to rise above $1 following <\/span>Judge Analisa Torres\u2019 ruling<\/span><\/a> in favor of Ripple <\/span>in its case<\/span><\/a> against the US <\/span>Securities and Exchange Commission<\/span><\/a> (SEC).\u00a0<\/span><\/p>\n

Related Reading: Trader Who Bought Dogecoin In 2017 Maps Out Meteoric 37500% Rise To $26<\/a><\/div>\n

Another factor that could see the XRP price decline in the short term is the projected parabolic rise of the <\/span>flagship cryptocurrency, Bitcoin<\/span><\/a>. While analyzing the XRP\/BTC chart, CrediBULL Crypto hinted that XRP could experience as much as a 30% decline against BTC. This decline doesn\u2019t only apply to XRP, as he expects that other altcoins will bleed against the <\/span>foremost cryptocurrency<\/span><\/a>.<\/span><\/p>\n

The crypto analyst, however, does not doubt XRP\u2019s potential, as he stated that the token would be one of the biggest benefactors once, there is an \u201cinflux of new money\u201d in the market, which is likely to happen as <\/span>Bitcoin continues to rise<\/span><\/a>.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

Token price sets sight on $0.6 | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
XRP price predictions continue to make the rounds, and one of the latest price predictions happens to be that of prominent crypto analyst CrediBULL Crypto, who recently gave a comprehensive analysis of the token\u2019s future trajectory.\u00a0 How XRP Price Could Rise To $0.9 In a post shared on his X (formerly Twitter) platform, the crypto analyst highlighted that while analyzing the XRP\/USD chart, the fact that XRP is currently enjoying an upward trend, but that could soon come to an end as it faces a resistance level at around the price range of $0.63.\u00a0 Related Reading: Ripple Partner\u2019s Staggering XRP Holdings Revealed, Do They Know Something You Don\u2019t? He was, however, quick to alleviate any fear of a potential dump as he noted that the rejection doesn\u2019t necessarily translate to a massive dump down but could simply mean a consolidation around that price range.\u00a0\u00a0 He also sounded optimistic when he stated that there is a \u201cdecent chance\u201d that the XRP price breaks that resistance level, which, if it does, could see the token rise to as high as $0.9. He didn\u2019t, however, provide a timeframe for when this could happen, as he mentioned that XRP holders might have to be patient.\u00a0 On the bright side, XRP\u2019s fundamentals are looking stronger, especially with Ripple\u2019s latest win against the SEC, with the Commission dismissing its case against the company\u2019s founders. Ripple is also actively building to expand its services, which could see XRP\u2019s utility increase as a result of the company\u2019s efforts.\u00a0 What Could Hinder XRP\u2019s Rise? CrediBULL Crypto also mentioned the factor that was hindering a massive rally from the XRP price. According to him, the token is simply facing the same problem that other altcoins are encountering, which is a lack of liquidity in the market.\u00a0 He stated that this was what ultimately affected XRP\u2019s decline in the months leading up to now, as he had predicted that XRP was going to rise above $1 following Judge Analisa Torres\u2019 ruling in favor of Ripple in its case against the US Securities and Exchange Commission (SEC).\u00a0 Related Reading: Trader Who Bought Dogecoin In 2017 Maps Out Meteoric 37500% Rise To $26 Another factor that could see the XRP price decline in the short term is the projected parabolic rise of the flagship cryptocurrency, Bitcoin. While analyzing the XRP\/BTC chart, CrediBULL Crypto hinted that XRP could experience as much as a 30% decline against BTC. This decline doesn\u2019t only apply to XRP, as he expects that other altcoins will bleed against the foremost cryptocurrency. The crypto analyst, however, does not doubt XRP\u2019s potential, as he stated that the token would be one of the biggest benefactors once, there is an \u201cinflux of new money\u201d in the market, which is likely to happen as Bitcoin continues to rise.\u00a0 Token price sets sight on $0.6 | Source: XRPUSD on Tradingview.com Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":558605,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,89506,16289,10972,78763],"class_list":["post-558592","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-performance","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Prediction: Crypto Analyst Says Price Will Jump To $0.9<\/title>\n<meta name=\"description\" content=\"XRP price predictions continue to make the rounds, and one of the latest price predictions happens comes from crypto analyst CrediBULL 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. 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. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Prediction: Crypto Analyst Says Price Will Jump To $0.9","url":"http:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-0-9\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-price-prediction-0-9\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/iStock-1415215518-Small.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/iStock-1415215518-Small.jpeg?fit=320%2C213"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrp price performance","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2023-11-01T14:00:31Z","datePublished":"2023-11-01T14:00:31Z","dateModified":"2024-06-11T08:01:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Prediction: Crypto Analyst Says Price Will Jump To $0.9\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-prediction-0-9\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-prediction-0-9\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1415215518-Small.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/iStock-1415215518-Small.jpeg?fit=320%2C213\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price performance\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-11-01T14:00:31Z\",\"datePublished\":\"2023-11-01T14:00:31Z\",\"dateModified\":\"2024-06-11T08:01:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/iStock-1415215518-Small.jpeg?fit=320%2C213","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/558592"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=558592"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/558592\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/558605"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=558592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=558592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=558592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}