{"id":664316,"date":"2024-12-18T22:30:29","date_gmt":"2024-12-18T22:30:29","guid":{"rendered":"https:\/\/wncen.com\/?p=664316"},"modified":"2024-12-18T11:21:10","modified_gmt":"2024-12-18T11:21:10","slug":"xrp-price-ready-to-run-11-ath","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-ready-to-run-11-ath\/","title":{"rendered":"XRP Price Ready To Run To $11 ATH? Alternative Larger Metrics Show The Answer"},"content":{"rendered":"

A crypto analyst has shared an <\/span>XRP price chart<\/span><\/a>, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP is preparing for a significant run to $11, marking a new All-Time High (ATH).\u00a0<\/span><\/p>\n

Key Metrics Suggest XRP Price Set For $11 Surge<\/h2>\n

In an X (formerly Twitter)<\/span> post<\/span><\/a> on Tuesday, prominent crypto analyst Javon Marks shared key observations of <\/span>XRP\u2019s price behavior<\/span><\/a>, noting signs of strength through crucial metrics and a <\/span>potential for a significant price rally<\/span><\/a> to a new ATH at $11. The analyst has suggested that XRP shows clear upward momentum, with a sharp increase visible on the presented price chart.\u00a0<\/span><\/p>\n

Related Reading: Ethereum Price Crash Incoming? Tron\u2019s Justin Sun Unstakes $209 Million ETH From Lido Finance<\/a><\/div>\n
\"XRP
Source: TradingView<\/figcaption><\/figure>\n

Looking at the chart, XRP has been breaking recent <\/span>resistance levels<\/span><\/a> and maintaining bullish momentum. XRP\u2019s strongest resistance at $0.5, which lasted for over three years, was broken earlier in November, jumping above $1 following <\/span>Donald Trump\u2019s victory<\/span><\/a> in the US Presidential elections. Currently, the XRP price is trading above $2.5, underscoring the massive growth surge it has experienced in less than two months.\u00a0<\/span><\/p>\n

Marks has revealed that he was keeping a close watch on alternative larger-term metrics for the XRP price that signal a <\/span>potential surge to new ATHs<\/span><\/a>. The volume bars below the price chart indicate steady buying pressure for XRP, with increasing trading volume during upward trends.\u00a0<\/span><\/p>\n

Recently, the XRP accumulation trend among large holders has increased significantly. Crypto analyst Ali Martinez<\/span> revealed<\/span><\/a> via a price chart that whales have purchased a staggering 30 million XRP within the last 24 hours. This increased buying activity reflects the growing confidence in XRP, possibly fueled by the <\/span>market\u2019s bullish sentiment<\/span><\/a> and expectations of a price rally.\u00a0<\/span><\/p>\n

\"XRP
Source: TradingView<\/figcaption><\/figure>\n

At the bottom of the XRP chart shared by Marks, the <\/span>Relative Strength Index (RSI)<\/span><\/a> illustrates a sharp upward curve, signaling the potential for a bull rally. The RSI appears as a fluctuating black line, clearly reflecting rising momentum. If XRP can sustain its current uptrend, it could surpass its current all-time high of $3.84 set during <\/span>the 2021 bull market<\/span><\/a>, potentially reaching a new high above $11 in this bull cycle.\u00a0<\/span><\/p>\n

Update On XRP Analysis\u00a0<\/span><\/h2>\n

The XRP price has been persistently attempting to break through the <\/span>resistance area at $2.5<\/span><\/a>, aiming to reach new highs. Over the past month, XRP has had an impressive performance, recording a whopping 119.5% price increase. Despite <\/span>being in consolidation<\/span><\/a>, the cryptocurrency continues to exhibit strong growth, with its price climbing nearly 8% in the last seven days as it attempted to break through key resistance levels.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Moves Similarly To The Elliot Wave Count From 2017, Why Price Can Jump Another 80%<\/a><\/div>\n

Data from CoinMarketCap has revealed that the XRP price is currently trading at $0.252. The cryptocurrency remains the third largest based on market capitalization after Bitcoin and Ethereum. Additionally, XRP has seen a notable increase in its daily trading volume, surging by 53.72% at the time of writing.\u00a0<\/span><\/p>\n

\"XRP
XRP shooting for $3 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

A crypto analyst has shared an XRP price chart, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP is preparing for a significant run to $11, marking a new All-Time High (ATH).\u00a0 Key Metrics Suggest XRP Price Set For $11 Surge In an X (formerly Twitter) post on Tuesday, prominent crypto analyst Javon Marks shared key observations of XRP\u2019s price behavior, noting signs of strength through crucial metrics and a potential for a significant price rally to a new ATH at $11. The analyst has suggested that XRP shows clear upward momentum, with a sharp increase visible on the presented price chart.\u00a0 Related Reading: Ethereum Price Crash Incoming? Tron\u2019s Justin Sun Unstakes $209 Million ETH From Lido Finance Looking at the chart, XRP has been breaking recent resistance levels and maintaining bullish momentum. XRP\u2019s strongest resistance at $0.5, which lasted for over three years, was broken earlier in November, jumping above $1 following Donald Trump\u2019s victory in the US Presidential elections. Currently, the XRP price is trading above $2.5, underscoring the massive growth surge it has experienced in less than two months.\u00a0 Marks has revealed that he was keeping a close watch on alternative larger-term metrics for the XRP price that signal a potential surge to new ATHs. The volume bars below the price chart indicate steady buying pressure for XRP, with increasing trading volume during upward trends.\u00a0 Recently, the XRP accumulation trend among large holders has increased significantly. Crypto analyst Ali Martinez revealed via a price chart that whales have purchased a staggering 30 million XRP within the last 24 hours. This increased buying activity reflects the growing confidence in XRP, possibly fueled by the market\u2019s bullish sentiment and expectations of a price rally.\u00a0 At the bottom of the XRP chart shared by Marks, the Relative Strength Index (RSI) illustrates a sharp upward curve, signaling the potential for a bull rally. The RSI appears as a fluctuating black line, clearly reflecting rising momentum. If XRP can sustain its current uptrend, it could surpass its current all-time high of $3.84 set during the 2021 bull market, potentially reaching a new high above $11 in this bull cycle.\u00a0 Update On XRP Analysis\u00a0 The XRP price has been persistently attempting to break through the resistance area at $2.5, aiming to reach new highs. Over the past month, XRP has had an impressive performance, recording a whopping 119.5% price increase. Despite being in consolidation, the cryptocurrency continues to exhibit strong growth, with its price climbing nearly 8% in the last seven days as it attempted to break through key resistance levels.\u00a0 Related Reading: Bitcoin Price Moves Similarly To The Elliot Wave Count From 2017, Why Price Can Jump Another 80% Data from CoinMarketCap has revealed that the XRP price is currently trading at $0.252. The cryptocurrency remains the third largest based on market capitalization after Bitcoin and Ethereum. Additionally, XRP has seen a notable increase in its daily trading volume, surging by 53.72% at the time of writing.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":647397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-664316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","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":"\nXRP Price Ready To Run To $11 ATH? 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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 Ready To Run To $11 ATH? 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