{"id":564848,"date":"2023-12-11T15:00:51","date_gmt":"2023-12-11T15:00:51","guid":{"rendered":"https:\/\/wncen.com\/?p=564848"},"modified":"2024-06-11T08:38:22","modified_gmt":"2024-06-11T08:38:22","slug":"crypto-analyst-xrp-price-18","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/crypto-analyst-xrp-price-18\/","title":{"rendered":"Crypto Analyst Predicts Short-Term XRP Price Rally To $18"},"content":{"rendered":"

A crypto analyst has provided <\/span>some optimism<\/span><\/a> regarding the XRP price as many contemplate whether or not to continue to hold on to their <\/span>XRP tokens<\/span><\/a>. This comes as the crypto token\u2019s underperformance has been a cause of concern to holders, with talks about a <\/span>potential manipulation<\/span><\/a> resounding through the community.<\/span><\/p>\n

XRP Price To Hit $18 In The Short-Term<\/h2>\n

In a post on his X (formerly Twitter) platform, crypto analyst Dark Defender shared an interesting analysis where he noted that XRP <\/span>could hit $18 soon enough<\/span><\/a>. To back up his prediction, he noted that XRP was retesting the $0.6649. According to him, this level is \u201cnot a joke\u201d as it is a very crucial one. An upward trend is expected from that price level based on his assertions.\u00a0<\/span><\/p>\n

Related Reading: Crypto Market Experts Predict When Cardano (ADA) Price Will Cross $7<\/a><\/div>\n

Meanwhile, Dark Defender also shared XRP\u2019s monthly chart in his post. From the chart, he noted that <\/span>XRP<\/span><\/a> was currently above the price level of $0.6649, which he had earlier referenced. This happening could see XRP move close to $1. On the chart, he highlighted $0.88 and $1.05 as targets that will be \u201cachievable shortly.\u201d<\/span><\/p>\n

The rally, however, doesn\u2019t stop there, as the crypto analyst claimed the \u201c5 Wave EW Structure in the Monthly Chart is still in play.\u201d This indicator points to XRP hitting <\/span>$18.22 in the short mid-term<\/span><\/a>. The journey to $18 isn\u2019t expected to be all smooth, as he mentioned that XRP would face a strong resistance at $1.08.\u00a0<\/span><\/p>\n

The good news is that once XRP is able to break from that level, \u201cit will be Kaboom,\u201d in the words of Dark Defender. As to how soon XRP could hit $18, the accompanying chart suggests that this could happen between July and October 2024.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

Token price falls to $0.62 | Source: XRPUSD on Tradingview.com\u00a0<\/a><\/pre>\n
A Growing Frustration In The XRP Community?<\/h2>\n
Over the weekend, a pro-XRP crypto influencer, Chloe, released an <\/span>X post<\/span><\/a> where she voiced her frustration at <\/span>XRP\u2019s price decline<\/span><\/a> and stated that she had \u201csold it all.\u201d Before that post suggesting that she had sold her XRP holdings, she had made an <\/span>earlier post<\/span><\/a> where she seemed very displeased with XRP\u2019s price action.\u00a0<\/span><\/p>\n
Related Reading: Bitcoin Bull Signal Returns: Exchange Supply Hits Lowest Level Since 2017<\/a><\/div>\n
Although Chloe later came out to <\/span>clarify<\/span><\/a> that she didn\u2019t sell any \u201csingle XRP,\u201d her earlier posts exemplify the growing frustration in the XRP community. At the moment, <\/span>many seem puzzled<\/span><\/a> by XRP\u2019s abysmal price action. One of them is <\/span>pro-XRP legal expert Bill Morgan<\/span><\/a>, who recently questioned the reason for XRP\u2019s underperformance.<\/span><\/p>\n
In an <\/span>X post<\/span><\/a>, the lawyer stated that XRP has failed to outperform most of the other tokens in the top 10 by market cap despite <\/span>gaining regulatory clarity<\/span><\/a>. Interestingly, he noted that XRP\u2019s price was higher five years ago than it is now. According to Morgan, there needs to be a better explanation for XRP\u2019s price movement than just \u201csaying it follows the market.\u201d<\/span><\/p>\n
Featured image from CoinGape, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
A crypto analyst has provided some optimism regarding the XRP price as many contemplate whether or not to continue to hold on to their XRP tokens. This comes as the crypto token\u2019s underperformance has been a cause of concern to holders, with talks about a potential manipulation resounding through the community. XRP Price To Hit $18 In The Short-Term In a post on his X (formerly Twitter) platform, crypto analyst Dark Defender shared an interesting analysis where he noted that XRP could hit $18 soon enough. To back up his prediction, he noted that XRP was retesting the $0.6649. According to him, this level is \u201cnot a joke\u201d as it is a very crucial one. An upward trend is expected from that price level based on his assertions.\u00a0 Related Reading: Crypto Market Experts Predict When Cardano (ADA) Price Will Cross $7 Meanwhile, Dark Defender also shared XRP\u2019s monthly chart in his post. From the chart, he noted that XRP was currently above the price level of $0.6649, which he had earlier referenced. This happening could see XRP move close to $1. On the chart, he highlighted $0.88 and $1.05 as targets that will be \u201cachievable shortly.\u201d The rally, however, doesn\u2019t stop there, as the crypto analyst claimed the \u201c5 Wave EW Structure in the Monthly Chart is still in play.\u201d This indicator points to XRP hitting $18.22 in the short mid-term. The journey to $18 isn\u2019t expected to be all smooth, as he mentioned that XRP would face a strong resistance at $1.08.\u00a0 The good news is that once XRP is able to break from that level, \u201cit will be Kaboom,\u201d in the words of Dark Defender. As to how soon XRP could hit $18, the accompanying chart suggests that this could happen between July and October 2024.\u00a0 Token price falls to $0.62 | Source: XRPUSD on Tradingview.com\u00a0 A Growing Frustration In The XRP Community? Over the weekend, a pro-XRP crypto influencer, Chloe, released an X post where she voiced her frustration at XRP\u2019s price decline and stated that she had \u201csold it all.\u201d Before that post suggesting that she had sold her XRP holdings, she had made an earlier post where she seemed very displeased with XRP\u2019s price action.\u00a0 Related Reading: Bitcoin Bull Signal Returns: Exchange Supply Hits Lowest Level Since 2017 Although Chloe later came out to clarify that she didn\u2019t sell any \u201csingle XRP,\u201d her earlier posts exemplify the growing frustration in the XRP community. At the moment, many seem puzzled by XRP\u2019s abysmal price action. One of them is pro-XRP legal expert Bill Morgan, who recently questioned the reason for XRP\u2019s underperformance. In an X post, the lawyer stated that XRP has failed to outperform most of the other tokens in the top 10 by market cap despite gaining regulatory clarity. Interestingly, he noted that XRP\u2019s price was higher five years ago than it is now. According to Morgan, there needs to be a better explanation for XRP\u2019s price movement than just \u201csaying it follows the market.\u201d Featured image from CoinGape, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":564854,"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":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-564848","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-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts Short-Term XRP Price Rally To $18<\/title>\n<meta name=\"description\" content=\"A crypto analyst has 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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 Predicts Short-Term XRP Price Rally To $18","url":"http:\/\/wncen.com\/news\/ripple\/crypto-analyst-xrp-price-18\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/crypto-analyst-xrp-price-18\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-price-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/XRP-price-2.jpeg?fit=1200%2C800"},"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","xrpusd","xrpusdt"],"dateCreated":"2023-12-11T15:00:51Z","datePublished":"2023-12-11T15:00:51Z","dateModified":"2024-06-11T08:38:22Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts Short-Term XRP Price Rally To $18\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/crypto-analyst-xrp-price-18\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/crypto-analyst-xrp-price-18\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/XRP-price-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/XRP-price-2.jpeg?fit=1200%2C800\"},\"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\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-12-11T15:00:51Z\",\"datePublished\":\"2023-12-11T15:00:51Z\",\"dateModified\":\"2024-06-11T08:38:22Z\"}<\/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\/12\/XRP-price-2.jpeg?fit=1200%2C800","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/564848"}],"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=564848"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/564848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/564854"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=564848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=564848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=564848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}