{"id":642532,"date":"2024-09-17T20:00:18","date_gmt":"2024-09-17T20:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=642532"},"modified":"2024-09-17T10:24:01","modified_gmt":"2024-09-17T10:24:01","slug":"0-75-crucial-target-xrp-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/0-75-crucial-target-xrp-price\/","title":{"rendered":"Analyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1"},"content":{"rendered":"

The XRP price has experienced a notable surge in recent days amidst the wider backdrop of the crypto industry. At the time of writing, many cryptocurrencies are starting to reverse their seven-day gains due to Bitcoin’s failure to break above $60,000 on Monday. However, XRP continues to stand firm, registering a 2.23% gain in the past 24 hours. This positive price movement has sparked discussions within the crypto community about the <\/span>potential for a significant <\/span><\/a>breakthrough.\u00a0<\/span><\/p>\n

Analyst Identifies $0.75 As A Crucial Target<\/h2>\n

EGRAG CRYPTO’s <\/span>highlight <\/span><\/a>of the $0.75 price mark for XRP is based on an XRP\/USD price chart on the weekly candlestick timeframe, which he shared on social media platform X. Interestingly, the latest highlight comes as an update to his XRP <\/span>analysis from January<\/span><\/a> 2024. This analysis focuses on XRP\u2019s price structural formation, sentiment status, MACRO range, and psychological zone, all in critical price zones. The most notable are the MACRO range, which starts at $0.71, and the psychological zone at $0.932.<\/span><\/p>\n

Related Reading: Dogecoin At $0.1 Is A \u2018Gift\u2019, Falling Wedge Breaking Bullish To Send Price To $0.2<\/a><\/div>\n

According to crypto analyst EGRAG Crypto, the key resistance level for XRP is $0.75, which could make or break its journey to $1. As EGRAG noted, all these levels can be shattered with just one strong daily candle, with emphasis on $0.75. For XRP, the $0.75 mark is within the MACRO range. <\/span><\/p>\n

Interestingly, XRP is yet to break above $0.75 this year, with its highest point so far being $0.718. Should the cryptocurrency manage to close above this level on a weekly timeframe, it could pave the way for a more substantial price rally.\u00a0<\/span><\/p>\n

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

Will The XRP Price Sustain A Rally To $1?<\/h2>\n

At the time of writing, the XRP price is trading at $0.5851 and is still on 8.4% gains in seven days. Based on the recent update, EGRAG noted that the move towards $1 is still in play, as XRP is poised for a massive breakout.\u00a0<\/span><\/p>\n

Although EGRAG only noted the $0.75 price as the most crucial for a breakthrough, there exist other resistance levels that serve as forerunners. Looking at the XRP price chart, XRP has been trading below $0.62 since March. Interestingly, the cryptocurrency has retested this price level at least six times since then and has failed to break above.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?<\/a><\/div>\n

From a technical perspective, $0.62 has emerged as a pivotal price point, acting as a short-term hurdle that XRP bulls must conquer before setting their sights on the more significant $0.75 resistance. A clear break above these levels would signal increasing buyer strength and potentially open the door for a campaign to $1.<\/span><\/p>\n

From a fundamental point of view, the XRP price is starting to campaign to the $1 mark in light of recent events in the XRP ecosystem. One such event is <\/span>Grayscale’s recent unveiling <\/span><\/a>of the first XRP trust in the US. This move has <\/span>prompted speculation<\/span><\/a> that an XRP ETF will hit the market soon. Another noteworthy development <\/span>is the relisting of XRP<\/span><\/a> on the European version of Robinhood.<\/span><\/p>\n

\"XRP
XRP price still above $0.58 | 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 has experienced a notable surge in recent days amidst the wider backdrop of the crypto industry. At the time of writing, many cryptocurrencies are starting to reverse their seven-day gains due to Bitcoin’s failure to break above $60,000 on Monday. However, XRP continues to stand firm, registering a 2.23% gain in the past 24 hours. This positive price movement has sparked discussions within the crypto community about the potential for a significant breakthrough.\u00a0 Analyst Identifies $0.75 As A Crucial Target EGRAG CRYPTO’s highlight of the $0.75 price mark for XRP is based on an XRP\/USD price chart on the weekly candlestick timeframe, which he shared on social media platform X. Interestingly, the latest highlight comes as an update to his XRP analysis from January 2024. This analysis focuses on XRP\u2019s price structural formation, sentiment status, MACRO range, and psychological zone, all in critical price zones. The most notable are the MACRO range, which starts at $0.71, and the psychological zone at $0.932. Related Reading: Dogecoin At $0.1 Is A \u2018Gift\u2019, Falling Wedge Breaking Bullish To Send Price To $0.2 According to crypto analyst EGRAG Crypto, the key resistance level for XRP is $0.75, which could make or break its journey to $1. As EGRAG noted, all these levels can be shattered with just one strong daily candle, with emphasis on $0.75. For XRP, the $0.75 mark is within the MACRO range. Interestingly, XRP is yet to break above $0.75 this year, with its highest point so far being $0.718. Should the cryptocurrency manage to close above this level on a weekly timeframe, it could pave the way for a more substantial price rally.\u00a0 Will The XRP Price Sustain A Rally To $1? At the time of writing, the XRP price is trading at $0.5851 and is still on 8.4% gains in seven days. Based on the recent update, EGRAG noted that the move towards $1 is still in play, as XRP is poised for a massive breakout.\u00a0 Although EGRAG only noted the $0.75 price as the most crucial for a breakthrough, there exist other resistance levels that serve as forerunners. Looking at the XRP price chart, XRP has been trading below $0.62 since March. Interestingly, the cryptocurrency has retested this price level at least six times since then and has failed to break above.\u00a0 Related Reading: Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next? From a technical perspective, $0.62 has emerged as a pivotal price point, acting as a short-term hurdle that XRP bulls must conquer before setting their sights on the more significant $0.75 resistance. A clear break above these levels would signal increasing buyer strength and potentially open the door for a campaign to $1. From a fundamental point of view, the XRP price is starting to campaign to the $1 mark in light of recent events in the XRP ecosystem. One such event is Grayscale’s recent unveiling of the first XRP trust in the US. This move has prompted speculation that an XRP ETF will hit the market soon. Another noteworthy development is the relisting of XRP on the European version of Robinhood. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":642546,"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-642532","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":"\nAnalyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1<\/title>\n<meta name=\"description\" content=\"The XRP price has experienced a notable surge in recent days amidst the wider backdrop of the crypto industry.\" \/>\n<meta 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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":"Analyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1","url":"http:\/\/wncen.com\/analysis\/xrp\/0-75-crucial-target-xrp-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/0-75-crucial-target-xrp-price\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-price-3.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-price-3.jpeg?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":"2024-09-17T20:00:18Z","datePublished":"2024-09-17T20:00:18Z","dateModified":"2024-09-17T20:00:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/0-75-crucial-target-xrp-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/0-75-crucial-target-xrp-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-price-3.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-price-3.jpeg?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\":\"2024-09-17T20:00:18Z\",\"datePublished\":\"2024-09-17T20:00:18Z\",\"dateModified\":\"2024-09-17T20:00:18Z\"}<\/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\/09\/XRP-price-3.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/642532"}],"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=642532"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/642532\/revisions"}],"predecessor-version":[{"id":642552,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/642532\/revisions\/642552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/642546"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=642532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=642532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=642532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}