Super Bullish Ripple (XRP) Price Prediction for 2024: Analyst Chips In

TL;DR

• XRP surpassed $0.62, its highest since August, and stays bullish regardless of a slight drop to round $0.60, with constructive market sentiment.
• Analyst Darkish Defender predicts a possible rally to $0.66 by week’s finish, with an optimistic long-term forecast of reaching $18.22 if it surpasses the $1.88 Fibonacci stage.
• A extra conservative prediction from analyst CrediBull sees XRP probably rising to $0.90 by the summer time of 2024, offered it maintains above the $0.40-$0.50 help zone.

XRP to Skyrocket by 3,000%?

Ripple’s native token – XRP – not too long ago surpassed the $0.62 stage (for the primary time since August) and has been among the many best-performing crypto belongings up to now a number of weeks. Regardless of at present’s slight plunge to roughly $0.60 (per CoinGecko’s information), the general sentiment surrounding the coin stays bullish.

One well-liked analyst, utilizing the X (Twitter) deal with Darkish Defender, believes XRP is poised for a rally towards $0.66 by the top of this week and an extra explosion within the following months. They assume its uptrend might proceed all the best way to $18.22, assuming it closes above the $1.88 Fibonacci goal, which was set as “a short-term goal.”

“Now we have one mid-level resistance @ $1.05 after eliminating $0.66. I don’t assume XRP will keep lengthy across the $1 stage because the Sub-Wave 3 has 3 major targets: $1.88, $5.85 & $18.22 Par/SAR indicator is predicted to show inexperienced quickly, which can add quantity to the transfer. We’re above Ichimoku within the weekly, which is constructive,” the analyst surmised.

A Extra Life like XRP Forecast

Whereas the $18 price ticket may sound a bit preposterous, one other analyst (named CrediBull on X) laid out a considerably believable prediction.

Of their view, XRP might soar to $0.90 in the summertime of 2024, assuming it stays above the $0.40-$0.50 resistance stage.

These keen to search out out whether or not Ripple’s token may head north within the remaining months of the continuing yr might check out our devoted video under: