{"id":645423,"date":"2024-09-30T19:00:38","date_gmt":"2024-09-30T19:00:38","guid":{"rendered":"https:\/\/wncen.com\/?p=645423"},"modified":"2024-09-30T08:15:11","modified_gmt":"2024-09-30T08:15:11","slug":"xrp-price-ready-for-4x-jump","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-ready-for-4x-jump\/","title":{"rendered":"XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs"},"content":{"rendered":"

The XRP recent price movements<\/span><\/a> have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in <\/span>breaking a key bullish pattern<\/span><\/a>, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6.\u00a0<\/span><\/p>\n

XRP Price Set Sights On Midterm Target At $2.3<\/h2>\n

After experiencing <\/span>slow growth and bearish momentum<\/span><\/a> in the past few weeks, XRP has sparked renewed confidence amongst investors with its latest price surge. Over the last seven days, XRP has skyrocketed by 8.93% and is <\/span>showing signs of more gains<\/span><\/a> in the future.\u00a0<\/span><\/p>\n

Related Reading: PEPE Confirms Breakout From Symmetrical Triangle: How Far Can It Go?<\/a><\/div>\n

This bullish outlook is shared by prominent crypto analyst, Captain Faibik, who disclosed in an X (formerly Twitter) <\/span>post<\/span><\/a> on September 28, that XRP has just broken a unique bullish pattern, indicating a <\/span>potential for a major price rally<\/span><\/a>.\u00a0<\/span><\/p>\n

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

In Faibik\u2019s XRP price chart, a multi-year bullish symmetrical triangle pattern can be seen. This triangle pattern began forming in October 2021 and has extended through to September 2024, with <\/span>XRP undergoing significant price fluctuations<\/span><\/a> throughout this period.\u00a0<\/span><\/p>\n

After experiencing its first substantial price surge in weeks, XRP successfully <\/span>broke out of this bullish triangle pattern<\/span><\/a>. The extent of XRP\u2019s recent price increase is evident in CoinMarketCap\u2019s data, which indicates that the cryptocurrency has jumped by 4.73% in the last 24 hours.\u00a0<\/span><\/p>\n

This significant price increase suggests that XRP may be aiming to push significantly above its previous <\/span>consolidation levels<\/span><\/a> of around $0.5. As of writing, XRP is trading at $0.64, underscoring a possible rise in investor interest and demand for the cryptocurrency.\u00a0<\/span><\/p>\n

By breaking out of this bullish triangle pattern, Faibik believes that <\/span>XRP could be on track for a massive rally<\/span><\/a> that could push its price by 4X. The analyst has declared that XRP is currently heating up for a massive breakout to mid-term targets at $2.3.\u00a0<\/span><\/p>\n

XRP Breaks Critical Trendline<\/h2>\n

A crypto and Elliott Wave analyst, identified as \u2018XForceGlobal\u2019 on X has <\/span>highlighted<\/span><\/a> a unique <\/span>trendline in XRP\u2019s price chart<\/span><\/a>. According to the analyst, XRP has just broken the \u201cmultilayer BD trendline,\u2019 and may be heading towards a price increase.\u00a0<\/span><\/p>\n

Related Reading: Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court\u2019s Decision<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

XForceGlobal has suggested that if XRP can maintain a price above this trendline for a few more weeks, it could witness a price increase between $7 to $10. The analyst has expressed confidence in his <\/span>bullish forecast<\/span><\/a>, indicating that a surge within this range was inevitable if the right conditions were met.\u00a0<\/span><\/p>\n

To be more precise, the analyst predicts via a detailed chart that <\/span>XRP\u2019s price<\/span><\/a> could potentially rise to $8.67, marking a 1,482% increase from its current price of $0.6.\u00a0<\/span><\/p>\n

\"XRP
XRP still holding $0.64 | Source: XRPUST 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 recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in breaking a key bullish pattern, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6.\u00a0 XRP Price Set Sights On Midterm Target At $2.3 After experiencing slow growth and bearish momentum in the past few weeks, XRP has sparked renewed confidence amongst investors with its latest price surge. Over the last seven days, XRP has skyrocketed by 8.93% and is showing signs of more gains in the future.\u00a0 Related Reading: PEPE Confirms Breakout From Symmetrical Triangle: How Far Can It Go? This bullish outlook is shared by prominent crypto analyst, Captain Faibik, who disclosed in an X (formerly Twitter) post on September 28, that XRP has just broken a unique bullish pattern, indicating a potential for a major price rally.\u00a0 In Faibik\u2019s XRP price chart, a multi-year bullish symmetrical triangle pattern can be seen. This triangle pattern began forming in October 2021 and has extended through to September 2024, with XRP undergoing significant price fluctuations throughout this period.\u00a0 After experiencing its first substantial price surge in weeks, XRP successfully broke out of this bullish triangle pattern. The extent of XRP\u2019s recent price increase is evident in CoinMarketCap\u2019s data, which indicates that the cryptocurrency has jumped by 4.73% in the last 24 hours.\u00a0 This significant price increase suggests that XRP may be aiming to push significantly above its previous consolidation levels of around $0.5. As of writing, XRP is trading at $0.64, underscoring a possible rise in investor interest and demand for the cryptocurrency.\u00a0 By breaking out of this bullish triangle pattern, Faibik believes that XRP could be on track for a massive rally that could push its price by 4X. The analyst has declared that XRP is currently heating up for a massive breakout to mid-term targets at $2.3.\u00a0 XRP Breaks Critical Trendline A crypto and Elliott Wave analyst, identified as \u2018XForceGlobal\u2019 on X has highlighted a unique trendline in XRP\u2019s price chart. According to the analyst, XRP has just broken the \u201cmultilayer BD trendline,\u2019 and may be heading towards a price increase.\u00a0 Related Reading: Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court\u2019s Decision XForceGlobal has suggested that if XRP can maintain a price above this trendline for a few more weeks, it could witness a price increase between $7 to $10. The analyst has expressed confidence in his bullish forecast, indicating that a surge within this range was inevitable if the right conditions were met.\u00a0 To be more precise, the analyst predicts via a detailed chart that XRP\u2019s price could potentially rise to $8.67, marking a 1,482% increase from its current price of $0.6.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":645433,"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-645423","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 For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs<\/title>\n<meta name=\"description\" content=\"The XRP recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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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 For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs","url":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-ready-for-4x-jump\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/analysis\/xrp\/xrp-price-ready-for-4x-jump\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-price-6.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/XRP-price-6.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":"2024-09-30T19:00:38Z","datePublished":"2024-09-30T19:00:38Z","dateModified":"2024-09-30T19:00:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs\",\"url\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-ready-for-4x-jump\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/analysis\\\/xrp\\\/xrp-price-ready-for-4x-jump\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-price-6.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/XRP-price-6.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\":\"2024-09-30T19:00:38Z\",\"datePublished\":\"2024-09-30T19:00:38Z\",\"dateModified\":\"2024-09-30T19:00:38Z\"}<\/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\/09\/XRP-price-6.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/645423"}],"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=645423"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/645423\/revisions"}],"predecessor-version":[{"id":645436,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/645423\/revisions\/645436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/645433"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=645423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=645423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=645423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}