Token

bullish

Story

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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>   
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   <li>Ripple price achieves a new yearly high at $0.7354.</li>   
   <li>24-hour volume record 20.86% jump, comes close to $10 billion.</li>   
   <li>XRP price reclaims its 07th position in the global crypto market.</li> 
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<p>By achieving a new 52-week high, the Ripple price has displayed a strong bullish price action over the past few days. Notably, this altcoin has achieved a new high of $0.7354 pushing its value closer to its target price of $1.</p>   
<p>However, with the recent price pullback, is the XRP price preparing itself to record a multi-level breakout? Or is this a sign of a bearish reversal? In this article, we have uncovered the possibilities of this altcoin.</p>   
<h2 class="wp-block-heading" id="h-xrp-token-records-a-new-yearly-high">XRP Token Records A New Yearly High!</h2>   
<p>With a jump of ~2% in the past 24 hours, the Ripple price has defied the market odds by recording a bullish price action. However, the altcoin has dropped 9.74% over the past few hours, highlighting an increase in the price action.</p>   
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 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/13202134/image-218-1024x540.png" alt="Ripple Price Analysis 13th November 2024" class="wp-image-379475">
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  TradingView: XRP/USDT
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<p>Positively, this altcoin has surged 24.14% over the past week and 22.36% during the past 30 days. With a market capitalization of $37.541 billion, it has reclaimed the 7th position by surpassing “USDC” which has a market cap of $36.508 billion.</p>   
<h2 class="wp-block-heading" id="h-ripple-technical-sentiments">Ripple Technical Sentiments</h2>   
<p>The EMA 50/200-day shows a Golden Cross in the 1D time frame. This shows that the altcoin may experience significant growth during the upcoming time.</p>   
<p>Further, the RSI indicator continues trading above the overbought range in the XRP price chart. This suggests an increase in the buying-over-selling pressure for the altcoin in the crypto space.</p>   
<h2 class="wp-block-heading" id="h-will-xrp-price-retest-0-75-this-week">Will XRP Price Retest $0.75 This Week?</h2>   
<p>Maintaining the price above the resistance level of $0.690 could result in the Ripple price retesting its upper target price of $0.7450. Furthermore, if the bullish sentiment sustains, this altcoin could head toward its resistance level of $0.80 this month.</p>   
<p>On the contrary, if a bearish reversal occurs, the Ripple token may retest its support level of $0.630. Moreover, if the bears continue to maintain their dominance, this could result in it testing its lower support level of $0.560.</p>   
<p>Planning on investing in this altcoin before it achieves the $1 mark, Read our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP Price Prediction</a> to understand the long-term possibilities!</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
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 <div class="schema-faq-section" id="faq-question-1731509463205">
  <strong class="schema-faq-question"><strong>What will 1 Ripple be worth in 2025?</strong></strong> 
  <p class="schema-faq-answer">With a potential surge, this crypto token may achieve a high of $1.36 during 2025.</p> 
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 <div class="schema-faq-section" id="faq-question-1731509464055">
  <strong class="schema-faq-question"><strong>Is XRP a strong buy?</strong></strong> 
  <p class="schema-faq-answer">At this point, the XRP token is highly volatile, making it a risky investment.</p> 
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 <div class="schema-faq-section" id="faq-question-1731509464646">
  <strong class="schema-faq-question"><strong>Will Ripple price retest its yearly high tomorrow?</strong></strong> 
  <p class="schema-faq-answer">With increasing bullish sentiment, this altcoin may head toward a new yearly high soon.</p> 
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Ripple Price Analysis: XRP Price Waves Pattern Hints A $1 Retest?

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