Satoshi

World

Coin

<p>Technical analysis shows XRP is starting to move in a positive direction being below par for a while. A crypto expert called <a href="https://x.com/WorldOfCharts1/status/1811654040666931403?t=MPWZ5wKLV6aJz_j6XsEFLA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">World of Charts</a> sees a falling wedge pattern, and from his chart, the price is going toward the resistance at the top.&nbsp;</p>
<p>The analyst says XRP is expected to break out. This price could go up by 55-60%.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="472" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-1024x472.png" alt="" class="wp-image-525166" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-1024x472.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-300x138.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-768x354.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-1536x708.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-2048x944.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-325x150.png 325w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-100x46.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-759x350.png 759w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428-788x363.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-428.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Their technical analysis shows that <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has been trading in a descending triangle pattern since January. The price is now closer to the top of this triangle, and a breakout could make it spike 60%.</p>
<h2 class="wp-block-heading" id="fundamental-factors-supporting-xrp-s-growth">Fundamental Factors Supporting XRP’s Growth</h2>
<p><a href="https://x.com/jfgrissom/status/1811609984674988102?t=zI1xHJSC_zFHn51xjdPzbg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">JayGrissom.ICP∞ (@jfgrissom)</a> lists several key reasons why XRP could increase in value:</p>
<ol>
 <li>Clearer Rules: Unlike many other cryptocurrencies, XRP has clearer rules from regulators. This has often led to big price increases in the crypto world.</li>
 <li>XRPL Stablecoin: The XRP Ledger will soon let people use a US-backed stablecoin (RLUSD). Other networks have seen their native coins rise a lot when they added stablecoins, like BNB going up 3,100%.</li>
 <li>XRP-backed ETP: A new investment product backed by physical XRP will launch, worth $12 per unit. This shows more institutions are interested in XRP.</li>
 <li>XRP Price Index: The CME has made an official price index for XRP; it signals more adoption.</li>
 <li>SEC Lawsuit Ending: XRP may be classified as a commodity through their ongoing case with the SEC. This could open new trading opportunities.</li>
 <li>Bitcoin Halving: Bitcoin halving usually leads to rallies across various cryptos, which could benefit XRP in the next 6 to 18 months.</li>
 <li>Partnerships: Bitstamp, an XRP liquidity provider, is being bought by Robinhood. This could expand XRP trading pairs with different currencies on a popular retail platform.</li>
</ol>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/chainlinks-link-maintains-macro-uptrend-as-suis-price-faces-critical-0-97-level-expert-analysis/" target="_blank" rel="noopener noreferrer nofollow">Chainlink’s LINK Maintains Macro Uptrend as SUI’s Price Faces Critical $0.97 Level: Expert Analysis</a></em></strong></p>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>When you look at the technical signs and important changes happening, it seems XRP could rise a lot in value soon. Of course, the crypto market is always unpredictable and many outside factors can affect prices. But right now, the outlook for XRP looks promising.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ripples-xrp-looking-bullish-analyst-predicts-60-surge-as-technical-and-fundamental-factors-align/" rel="noopener noreferrer nofollow">Ripple’s XRP Looking Bullish: Analyst Predicts 60% Surge as Technical and Fundamental Factors Align</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple’s XRP Looking Bullish: Analyst Predicts 60% Surge as Technical and Fundamental Factors Align

Table of Contents

CaptainAltcoin

Other articles published on Jul 12, 2024

Crypto Mining Fever: BlockDAG X1 Miner App Arrival on App Store Ignites FOMO In Mining Community

Germany Sells All Its Bitcoin Holdings

Is Meme Coin Hype Back? Top Meme Coins Poised for Explosive Gains

Monthly Wrap-Up February 2024: Crowdloan, Governance and Treasury

Must-Have Cryptocurrencies for Every Investor

Shiba Shootout Comes Out Guns Blazing With $600K Raised In Presale As Mobile Game Debuts

Join our free newsletter for daily crypto updates!