{"id":669663,"date":"2025-01-02T14:30:33","date_gmt":"2025-01-02T14:30:33","guid":{"rendered":"https:\/\/wncen.com\/?p=669663"},"modified":"2025-01-02T10:04:38","modified_gmt":"2025-01-02T10:04:38","slug":"xrp-price-targets-13-details","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-targets-13-details\/","title":{"rendered":"XRP Price Targets $13 After Completing Highest Candle Body Close In History \u2013 Details"},"content":{"rendered":"

The XRP price ended the month of December at around $2.08 after a period of back and forth between gains and declines. Although it ended December just above the $2 mark, the XRP price went through a bullish period in the first half of the month, which saw it peaking around $2.9, its peak price in over six years.\u00a0<\/span><\/p>\n

Despite ending the month at a 28% decline from this six-year peak, XRP has nonetheless achieved the highest monthly candle body close in its history. This interesting phenomenon <\/span>was noted by <\/span><\/a>crypto analyst Tony Severino, who also suggested that the XRP price is on track to reach $13 this cycle.<\/span><\/p>\n

XRP Price Completes Highest Candle Body Close In History<\/h2>\n

XRP ended December at a 6.94% gain from where it started, building upon an unexpected 281.7% increase in November, according to <\/span>data from CryptoRank<\/span><\/a>. This period of price increases saw XRP receiving considerable attention from crypto analysts and investors, with various predictions of a continued bullish momentum into 2025.<\/span><\/p>\n

Related Reading: Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000<\/a><\/div>\n

However, Bitcoin’s <\/span>failure above the $100,000<\/span><\/a> price mark seems to have stalled XRP’s momentum <\/span>alongside many other cryptocurrencies<\/span><\/a>. This caused XRP to spend the latter half of December in a correction plus consolidation path. Nevertheless, <\/span>the bullish trajectory remains valid<\/span><\/a> for XRP, with recent technical analysis by crypto analyst Tony Severino also lending voice to this.<\/span><\/p>\n

The XRP price registered its current all-time high of $3.40 in January 2018 but closed out the month at $1.124 to kickstart consecutive bearish candles on the monthly timeframe. As pointed out on the XRP monthly candles by Tony Severino, December 2024 was the highest monthly close for the XRP price. <\/span><\/p>\n

Although the cryptocurrency failed to break past its current all-time high during December, it managed to accomplish this notable milestone. While this isn’t much of a technical indicator, it lends voice to the lingering bullish momentum surrounding the XRP price, which has prevented further price declines below the $2 mark.<\/span><\/p>\n

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

Technical Analysis Points To $13 Price Target<\/h2>\n

Crypto analyst Tony Severino<\/span> also highlighted<\/span><\/a> an interesting technical pattern playing out on XRP’s daily candlestick timeframe. According to the analyst, a bull flag seems to be emerging after XRP’s price correction in December.\u00a0<\/span><\/p>\n

Related Reading: Ethereum\u2019s Large Consolidation Trend Points To Possible Price Explosion To $8,000<\/a><\/div>\n

The bull flag pattern identified by Severino is a technical setup often associated with significant price surges. It is characterized by the steep upward movement in November, followed by a period of consolidation in a downward-sloping channel in December.\u00a0<\/span><\/p>\n

A breakout to the upside from the bull flag pattern typically leads to a <\/span>continuation of the initial rally.<\/span><\/a> In the case of XRP, Tony Severino projected a breakout that would see XRP surge to $13 in the coming months.\u00a0<\/span><\/p>\n

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

At the time of writing, XRP is trading at $2.37 and is up by about 12% in the past 24 hours. Reaching the projected $13 target would translate to a 450% gain from the current price level.<\/span><\/p>\n

\"XRP
Price reclaims $2.4 in impressive recovery | 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":"

The XRP price ended the month of December at around $2.08 after a period of back and forth between gains and declines. Although it ended December just above the $2 mark, the XRP price went through a bullish period in the first half of the month, which saw it peaking around $2.9, its peak price in over six years.\u00a0 Despite ending the month at a 28% decline from this six-year peak, XRP has nonetheless achieved the highest monthly candle body close in its history. This interesting phenomenon was noted by crypto analyst Tony Severino, who also suggested that the XRP price is on track to reach $13 this cycle. XRP Price Completes Highest Candle Body Close In History XRP ended December at a 6.94% gain from where it started, building upon an unexpected 281.7% increase in November, according to data from CryptoRank. This period of price increases saw XRP receiving considerable attention from crypto analysts and investors, with various predictions of a continued bullish momentum into 2025. Related Reading: Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000 However, Bitcoin’s failure above the $100,000 price mark seems to have stalled XRP’s momentum alongside many other cryptocurrencies. This caused XRP to spend the latter half of December in a correction plus consolidation path. Nevertheless, the bullish trajectory remains valid for XRP, with recent technical analysis by crypto analyst Tony Severino also lending voice to this. The XRP price registered its current all-time high of $3.40 in January 2018 but closed out the month at $1.124 to kickstart consecutive bearish candles on the monthly timeframe. As pointed out on the XRP monthly candles by Tony Severino, December 2024 was the highest monthly close for the XRP price. Although the cryptocurrency failed to break past its current all-time high during December, it managed to accomplish this notable milestone. While this isn’t much of a technical indicator, it lends voice to the lingering bullish momentum surrounding the XRP price, which has prevented further price declines below the $2 mark. Technical Analysis Points To $13 Price Target Crypto analyst Tony Severino also highlighted an interesting technical pattern playing out on XRP’s daily candlestick timeframe. According to the analyst, a bull flag seems to be emerging after XRP’s price correction in December.\u00a0 Related Reading: Ethereum\u2019s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The bull flag pattern identified by Severino is a technical setup often associated with significant price surges. It is characterized by the steep upward movement in November, followed by a period of consolidation in a downward-sloping channel in December.\u00a0 A breakout to the upside from the bull flag pattern typically leads to a continuation of the initial rally. In the case of XRP, Tony Severino projected a breakout that would see XRP surge to $13 in the coming months.\u00a0 At the time of writing, XRP is trading at $2.37 and is up by about 12% in the past 24 hours. Reaching the projected $13 target would translate to a 450% gain from the current price level. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":655088,"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-669663","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 Targets $13 After Completing Highest Candle Body Close In History \u2013 Details<\/title>\n<meta name=\"description\" content=\"The XRP price ended the month of December around $2.08 after a period of back and forths between gains and declines.\" \/>\n<meta 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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. 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 Targets $13 After Completing Highest Candle Body Close In History \u2013 Details","url":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-targets-13-details\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-targets-13-details\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/XRP-Price-Stabilizes.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/XRP-Price-Stabilizes.jpg?fit=1792%2C1024"},"articleSection":"XRP","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":"2025-01-02T14:30:33Z","datePublished":"2025-01-02T14:30:33Z","dateModified":"2025-01-02T14:30:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Targets $13 After Completing Highest Candle Body Close In History \\u2013 Details\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-targets-13-details\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-targets-13-details\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/XRP-Price-Stabilizes.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/XRP-Price-Stabilizes.jpg?fit=1792%2C1024\"},\"articleSection\":\"XRP\",\"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\":\"2025-01-02T14:30:33Z\",\"datePublished\":\"2025-01-02T14:30:33Z\",\"dateModified\":\"2025-01-02T14:30:33Z\"}<\/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\/2024\/11\/XRP-Price-Stabilizes.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/669663","targetHints":{"allow":["GET"]}}],"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=669663"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/669663\/revisions"}],"predecessor-version":[{"id":669673,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/669663\/revisions\/669673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/655088"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=669663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=669663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=669663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}