{"id":559751,"date":"2023-11-08T22:00:27","date_gmt":"2023-11-08T22:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=559751"},"modified":"2024-06-11T08:00:17","modified_gmt":"2024-06-11T08:00:17","slug":"xrp-price-10-one-week","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-price-10-one-week\/","title":{"rendered":"Crypto Analyst Says XRP Price Will Take Off In One Week, Here’s The Target"},"content":{"rendered":"

Crypto analyst and enthusiast Will Taylor, known as Cryptoinsightuk on social media, recently released his latest XRP price prediction and analysis. XRP’s price recently reached $0.73 for the first time since June, <\/span>fueled by whales increasing<\/span><\/a> their spot trading activity amidst a <\/span>consolidation from the entire<\/span><\/a> crypto market.\u00a0<\/span><\/p>\n

This rally briefly <\/span>pushed XRP to the fourth spot<\/span><\/a> in terms of market cap, overtaking BNB. XRP has since returned to the fifth spot, lost some of this gain, and consolidated in the past 24 hours to trade in a range between $0.70 and $0.66.\u00a0<\/span><\/p>\n

On-chain data still points to a <\/span>continued bull run<\/span><\/a> in the short term, as the crypto maintains resilience in the face of market pressures. According to Taylor, the XRP price is set to blast off in just seven days.<\/span><\/p>\n

Current XRP Price Levels and Recent Market Performance<\/h2>\n

The analyst took to social media platform X (formerly Twitter) to give his prediction about XRP, one of the many bullish predictions the crypto has received since it was <\/span>deemed not a security by a US federal judge<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4<\/a><\/div>\n

The price of XRP has been on a steady climb from $0.483 since October 13, and according to crypto analyst Will Taylor, it\u2019s poised to skyrocket even higher within one week. He made this prediction by analyzing XRP’s current price action using the Fibonacci Retracement indicator.\u00a0<\/span><\/p>\n

Although XRP traded at $0.73 on Monday, October 6, it retraced 9.5% to $0.66 on Tuesday, October 7, and is now trading at $0.69 at the time of writing.\u00a0<\/span><\/p>\n

\n

$XRP<\/a> blast off in T-7 days.<\/p>\n

Today we have seen a bit of a retracement for $XRP<\/a>.<\/p>\n

We ran into key Fibonacci Retracement levels, this is normal.
\nIndicators were massively over cooked.
\nI\u2019m unsure how deep this pull back will be. I wouldn\u2019t be unhappy about a bounce from here, or\u2026 pic.twitter.com\/eDEt1Mgh9l<\/a><\/p>\n

\u2014 Cryptoinsightuk (@Cryptoinsightuk) November 7, 2023<\/a><\/p><\/blockquote>\n

Using the retracement indicators, Cryptoinsightuk showed that XRP retraced from 0.618 to 0.5 Fibonacci levels while using August 14th’s price of $0.4232 as the base level for the indicator. This correction, in his opinion, is perfectly typical given that indicators revealed XRP was quite overbought at the time. Additionally, there is a possibility that XRP will go to a lower price, which would turn the <\/span>prior resistance level at $0.62<\/span><\/a> into a support.<\/span><\/p>\n

Related Reading: XRP News: Ripple CEO Teases Major Announcements At Swell Event<\/a><\/div>\n

On the other hand, the XRP price is still exhibiting signs of a continuing bull run, and it has continued to increase by 16% in a 7-day timeframe. According to Cryptoinsightuk, XRP will really get going once it clears the 0.618, 0.702, and 0.786 Fibonacci retracement levels.\u00a0<\/span><\/p>\n

In a previous <\/span>post<\/span><\/a>, the analyst predicted that when this blast-off happens, the XRP price will rally more than 1,400% to reach $10 at least. \u201cIf we get this price action and history repeats, it would put $XRP price between $10-14 dollars within 4\/5 weeks.\u201d<\/span><\/p>\n

XRP\u2019s price growth has largely been <\/span>suppressed in recent years<\/span><\/a> by the SEC lawsuit. <\/span>Recent data has shown<\/span><\/a> Americans are now more interested in XRP than Ethereum.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

Token price holds $0.69 | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Bitcoin News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst and enthusiast Will Taylor, known as Cryptoinsightuk on social media, recently released his latest XRP price prediction and analysis. XRP’s price recently reached $0.73 for the first time since June, fueled by whales increasing their spot trading activity amidst a consolidation from the entire crypto market.\u00a0 This rally briefly pushed XRP to the fourth spot in terms of market cap, overtaking BNB. XRP has since returned to the fifth spot, lost some of this gain, and consolidated in the past 24 hours to trade in a range between $0.70 and $0.66.\u00a0 On-chain data still points to a continued bull run in the short term, as the crypto maintains resilience in the face of market pressures. According to Taylor, the XRP price is set to blast off in just seven days. Current XRP Price Levels and Recent Market Performance The analyst took to social media platform X (formerly Twitter) to give his prediction about XRP, one of the many bullish predictions the crypto has received since it was deemed not a security by a US federal judge.\u00a0 Related Reading: Cardano Whales Go On $600 Million Buying Spree That Could Trigger Run To $0.4 The price of XRP has been on a steady climb from $0.483 since October 13, and according to crypto analyst Will Taylor, it\u2019s poised to skyrocket even higher within one week. He made this prediction by analyzing XRP’s current price action using the Fibonacci Retracement indicator.\u00a0 Although XRP traded at $0.73 on Monday, October 6, it retraced 9.5% to $0.66 on Tuesday, October 7, and is now trading at $0.69 at the time of writing.\u00a0 $XRP blast off in T-7 days. Today we have seen a bit of a retracement for $XRP. We ran into key Fibonacci Retracement levels, this is normal. Indicators were massively over cooked. I\u2019m unsure how deep this pull back will be. I wouldn\u2019t be unhappy about a bounce from here, or\u2026 pic.twitter.com\/eDEt1Mgh9l \u2014 Cryptoinsightuk (@Cryptoinsightuk) November 7, 2023 Using the retracement indicators, Cryptoinsightuk showed that XRP retraced from 0.618 to 0.5 Fibonacci levels while using August 14th’s price of $0.4232 as the base level for the indicator. This correction, in his opinion, is perfectly typical given that indicators revealed XRP was quite overbought at the time. Additionally, there is a possibility that XRP will go to a lower price, which would turn the prior resistance level at $0.62 into a support. Related Reading: XRP News: Ripple CEO Teases Major Announcements At Swell Event On the other hand, the XRP price is still exhibiting signs of a continuing bull run, and it has continued to increase by 16% in a 7-day timeframe. According to Cryptoinsightuk, XRP will really get going once it clears the 0.618, 0.702, and 0.786 Fibonacci retracement levels.\u00a0 In a previous post, the analyst predicted that when this blast-off happens, the XRP price will rally more than 1,400% to reach $10 at least. \u201cIf we get this price action and history repeats, it would put $XRP price between $10-14 dollars within 4\/5 weeks.\u201d XRP\u2019s price growth has largely been suppressed in recent years by the SEC lawsuit. Recent data has shown Americans are now more interested in XRP than Ethereum.\u00a0 Token price holds $0.69 | Source: XRPUSD on Tradingview.com Featured image from Bitcoin News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":559757,"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":[3680,17209,4531,83637,13172,89506,16289,10972,78763],"class_list":["post-559751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","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":"\nCrypto Analyst Says XRP Price Will Take Off In One Week, Here's The Target<\/title>\n<meta name=\"description\" content=\"Crypto analyst Will 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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":"Crypto Analyst Says XRP Price Will Take Off In One Week, Here’s The Target","url":"http:\/\/wncen.com\/news\/ripple\/xrp-price-10-one-week\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-price-10-one-week\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/XRP-price-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/XRP-price-Small.jpeg?fit=320%2C180"},"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":["ripple","ripple news","xrp","xrp news","xrp price","xrp price performance","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2023-11-08T22:00:27Z","datePublished":"2023-11-08T22:00:27Z","dateModified":"2024-06-11T08:00:17Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Says XRP Price Will Take Off In One Week, Here’s The Target\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-10-one-week\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-price-10-one-week\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/XRP-price-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/XRP-price-Small.jpeg?fit=320%2C180\"},\"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\":[\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price performance\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-11-08T22:00:27Z\",\"datePublished\":\"2023-11-08T22:00:27Z\",\"dateModified\":\"2024-06-11T08:00:17Z\"}<\/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\/XRP-price-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559751"}],"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=559751"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/559757"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=559751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=559751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=559751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}