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<p>In the YouTube video titled <em>“How Ripple XRP gets to $100!”</em> posted by Cheeky Crypto, the analyst explores the potential for Ripple’s XRP to embark on a significant bullish run, reminiscent of its 2017 performance.</p>
<p>The crypto analyst begins by noting that many analysts are optimistic about XRP’s future. They see signs that a bullish trend could be emerging, much like the substantial rise seen in 2017.</p>
<h2 class="wp-block-heading" id="positive-price-indicator-possible-breakout">Positive Price Indicator: Possible Breakout</h2>
<p>A noteworthy mention is a tweet from crypto analyst Javon Marx, who highlights unusual patterns in XRP’s trading behavior. He points out a seven-year pendant pattern and positive movements in the Relative Strength Index (RSI), suggesting that a breakout could be imminent.</p>
<p>Despite this optimism, the community exhibits mixed feelings. While some investors are excited about the prospects, others express skepticism, particularly on social media platforms like X (formerly Twitter).</p>
<p>Some users argue 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> may have missed its prime opportunity, even suggesting that Dogecoin could surpass XRP in market capitalization. This division in sentiment reflects the broader uncertainty in the market.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/how-much-will-sui-be-worth-in-2025-if-bitcoin-price-hits-100k/" target="_blank" rel="noopener noreferrer nofollow">How Much Will SUI Be Worth in 2025 If Bitcoin Price Hits $100k?</a></em></strong></p>
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<h2 class="wp-block-heading" id="institutional-interest-in-xrp">Institutional Interest in XRP</h2>
<p>The video also delves into the role of institutional interest, particularly focusing on Grayscale’s initiatives. Grayscale is pushing to convert its $520 million Digital Large Cap Fund, which includes XRP, into a spot ETF.</p>
<p>If this proposal gains approval from the SEC, it could enhance XRP’s market profile, attracting more institutional investors and potentially driving up demand</p>
<h2 class="wp-block-heading" id="potential-for-an-xrp-etf-and-ongoing-accumulation">Potential for an XRP ETF and Ongoing Accumulation</h2>
<p>The analyst brings attention to predictions made by crypto analyst Levy, who asserts that XRP could soar to $100 once certain market conditions are met. Levy highlights that a significant accumulation phase is currently underway, which may lead to explosive price movements sooner than anticipated.</p>
<p>He draws on insights from <a href="https://en.wikipedia.org/wiki/Cathie_Wood" target="_blank" rel="noopener noreferrer nofollow">Cathie Wood, CEO of Ark Invest</a>, who has made bullish predictions for Bitcoin, suggesting that as major financial institutions like BlackRock and JP Morgan enter the crypto space, the resulting liquidity could benefit altcoins like XRP.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/analyst-reveals-good-signs-for-kaspa-kas-updates-his-bitcoin-and-altcoin-outlooks/" target="_blank" rel="noopener noreferrer nofollow">Analyst Reveals ‘Good Signs’ For Kaspa (KAS), Updates His Bitcoin and Altcoin Outlooks</a></em></strong></p>
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<h2 class="wp-block-heading" id="xrp-price-at-100-is-possible">XRP Price at $100 Is Possible</h2>
<p>Levy further argues that if Bitcoin were to reach $1.5 million per coin, XRP could easily exceed $100. He emphasizes XRP’s unique technology, which allows it access to markets that Bitcoin cannot reach, positioning it as a potentially multi-trillion dollar asset.</p>
<p>Currently valued at approximately 55 cents, reaching $100 would necessitate an increase of over 17,000%, while Bitcoin’s ascent to $1.5 million would represent a 2,444% rise.</p>
<p>Levy backs his predictions with technical analysis, noting bullish signals on the<a href="https://www.kucoin.com/learn/trading/what-is-stochastic-rsi-and-how-to-apply-it-to-crypto-trading#:~:text=The%20Stochastic%20RSI%20combines%20two,asset's%20overbought%20and%20oversold%20conditions." target="_blank" rel="noopener noreferrer nofollow"> Stochastic RSI f</a>or XRP. He mentions his own 5x leveraged position on XRP, encouraging viewers to consider leveraging their investments in light of current market conditions.</p>
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<p>The post <a href="https://captainaltcoin.com/ripples-xrp-price-flashes-bullish-signals-across-multiple-indicators-analyst-draws-path-to-100-per-coin/" rel="noopener noreferrer nofollow">Ripple’s XRP Price Flashes Bullish Signals Across Multiple Indicators: Analyst Draws Path to $100 Per Coin</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple’s XRP Price Flashes Bullish Signals Across Multiple Indicators: Analyst Draws Path to $100 Per Coin

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