{"id":602447,"date":"2024-04-10T18:00:21","date_gmt":"2024-04-10T18:00:21","guid":{"rendered":"https:\/\/wncen.com\/?p=602447"},"modified":"2024-06-11T08:18:38","modified_gmt":"2024-06-11T08:18:38","slug":"price-surge-xrp-price-20","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/price-surge-xrp-price-20\/","title":{"rendered":"Crypto Experts Predict Massive Price Surge For XRP Price, Is $20 Possible?"},"content":{"rendered":"

Crypto experts continue to be bullish on the XRP price<\/a> despite the poor performance that the altcoin has exhibited in recent times. Some of these experts see the cryptocurrency\u2019s price rising higher from its current level, with one analyst expecting XRP to rise as high as $20 in the coming bull market.<\/p>\n

XRP Price On The Verge Of Breakout<\/h2>\n

One of the crypto experts that has shown incredibly bullish sentiment toward the XRP<\/a> price is Matthew Dixon, the CEO of crypto rating platform, Evai. Dixon took to X (formerly Twitter) to share with the crypto community that the XRP trading volume had been seeing positive headwinds in recent times.<\/p>\n

Related Reading: Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here\u2019s What It Means<\/a><\/div>\n

At the time, the Evai chart shared<\/a> by the the crypto CEO showed that XRP had recorded an approximately 42% increase in its daily trading volume to cross $2.1 billion. Using this increase in trading volume, Dixon believes that it shows the rising interest in the altcoin.<\/p>\n

Naturally, increased interest often translates to increased demand, which can be bullish for a cryptocurrency\u2019s price. This was the thought shared by the Evai CEO who believed the surge in trading volume and interest meant that the XRP price was on the verge of a breakout<\/a>.<\/p>\n

However, this does not seem to be the case, at least in the short term, since the XRP price continues to trend around the same level since Dixon first made the post. It is hovering around $0.61 at the time of this writing, with a0.96% gain in the last 24 hours.<\/p>\n

Can Price Get To $20?<\/h2>\n

Predictions for the XRP price going into the next bull market have had a wide variety, from very conservative to very ambitious. For many, though, the expectation is\u00a0that the XRP price will rise<\/a> very quickly as regulatory clarity from the Ripple vs SEC case is fast approaching.<\/p>\n

Crypto analyst Armando Patoja takes the ambitious route with his own prediction, forecasting an over 3,000% price increase for XRP. According to Patoja, the predictions that put XRP\u2019s future price at $5 severely underestimate the ability of the altcoin<\/a>.<\/p>\n

On his own, the crypto analyst believes that the XRP price has the potential to rise even further to reach between $10 to $20. Patoja posits that saying XRP will reach just $5 is like expecting Bitcoin to top out at $1,000 in 2015.<\/p>\n

Related Reading: Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover?<\/a><\/div>\n
\n

There people saying #XRP<\/a> will reach $5 are significantly underestimating.<\/p>\n

This is similar to predicting #Bitcoin<\/a> would cap at $1,000 in 2015. XRP is on a trajectory akin to Bitcoin’s in 2015, with a rapidly growing network effect.$XRP<\/a> prediction: $10-$20. Thoughts?<\/p>\n

\u2014 Armando Pantoja (@_TallGuyTycoon) April 6, 2024<\/a><\/p><\/blockquote>\n

Despite the growing XRP<\/a> community, it is no doubt that Patoja\u2019s prediction has been received with a grain of salt. One community member responded<\/a> to the post saying XRP could not possibly rise that high because major projects who were building on the XRP Ledger<\/a> have been abandoning it for other chains because it is a dead chain. Due to the lack of builders, they do not believe that XRP<\/a> has the steam to run that high.<\/p>\n

\"XRP<\/p>\n

XRP trading at $0.61 | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto experts continue to be bullish on the XRP price despite the poor performance that the altcoin has exhibited in recent times. Some of these experts see the cryptocurrency\u2019s price rising higher from its current level, with one analyst expecting XRP to rise as high as $20 in the coming bull market. XRP Price On The Verge Of Breakout One of the crypto experts that has shown incredibly bullish sentiment toward the XRP price is Matthew Dixon, the CEO of crypto rating platform, Evai. Dixon took to X (formerly Twitter) to share with the crypto community that the XRP trading volume had been seeing positive headwinds in recent times. Related Reading: Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here\u2019s What It Means At the time, the Evai chart shared by the the crypto CEO showed that XRP had recorded an approximately 42% increase in its daily trading volume to cross $2.1 billion. Using this increase in trading volume, Dixon believes that it shows the rising interest in the altcoin. Naturally, increased interest often translates to increased demand, which can be bullish for a cryptocurrency\u2019s price. This was the thought shared by the Evai CEO who believed the surge in trading volume and interest meant that the XRP price was on the verge of a breakout. However, this does not seem to be the case, at least in the short term, since the XRP price continues to trend around the same level since Dixon first made the post. It is hovering around $0.61 at the time of this writing, with a0.96% gain in the last 24 hours. Can Price Get To $20? Predictions for the XRP price going into the next bull market have had a wide variety, from very conservative to very ambitious. For many, though, the expectation is\u00a0that the XRP price will rise very quickly as regulatory clarity from the Ripple vs SEC case is fast approaching. Crypto analyst Armando Patoja takes the ambitious route with his own prediction, forecasting an over 3,000% price increase for XRP. According to Patoja, the predictions that put XRP\u2019s future price at $5 severely underestimate the ability of the altcoin. On his own, the crypto analyst believes that the XRP price has the potential to rise even further to reach between $10 to $20. Patoja posits that saying XRP will reach just $5 is like expecting Bitcoin to top out at $1,000 in 2015. Related Reading: Shiba Inu Sees Bullish Reversal In On-Chain Metrics, Can SHIB Price Recover? There people saying #XRP will reach $5 are significantly underestimating. This is similar to predicting #Bitcoin would cap at $1,000 in 2015. XRP is on a trajectory akin to Bitcoin’s in 2015, with a rapidly growing network effect.$XRP prediction: $10-$20. Thoughts? \u2014 Armando Pantoja (@_TallGuyTycoon) April 6, 2024 Despite the growing XRP community, it is no doubt that Patoja\u2019s prediction has been received with a grain of salt. One community member responded to the post saying XRP could not possibly rise that high because major projects who were building on the XRP Ledger have been abandoning it for other chains because it is a dead chain. Due to the lack of builders, they do not believe that XRP has the steam to run that high. XRP trading at $0.61 | Source: XRPUSDT on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":602471,"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-602447","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 Experts Predict Massive Price Surge For XRP Price, Is $20 Possible?<\/title>\n<meta name=\"description\" content=\"Crypto experts continue to be bullish on the XRP price despite the poor performance that 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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":"Crypto Experts Predict Massive Price Surge For XRP Price, Is $20 Possible?","url":"http:\/\/wncen.com\/news\/ripple\/price-surge-xrp-price-20\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/price-surge-xrp-price-20\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/XRP-Price-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/XRP-Price-2.jpeg?fit=800%2C457"},"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":"2024-04-10T18:00:21Z","datePublished":"2024-04-10T18:00:21Z","dateModified":"2024-06-11T08:18:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Experts Predict Massive Price Surge For XRP Price, Is $20 Possible?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/price-surge-xrp-price-20\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/price-surge-xrp-price-20\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/XRP-Price-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/XRP-Price-2.jpeg?fit=800%2C457\"},\"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\":\"2024-04-10T18:00:21Z\",\"datePublished\":\"2024-04-10T18:00:21Z\",\"dateModified\":\"2024-06-11T08:18:38Z\"}<\/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\/04\/XRP-Price-2.jpeg?fit=800%2C457","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/602447"}],"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=602447"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/602447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/602471"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=602447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=602447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=602447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}