2024

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A well-known crypto trader, who goes by the nickname<a href="https://x.com/CryptoDonAlt/status/1856678657722376202" rel="noopener noreferrer nofollow">"DonAlt,"</a> shared his views on the popular cryptocurrency XRP and its price performance. The trader's attention to XRP is likely due to the fact that the<a href="https://u.today/binance-unleashes-free-trading-for-xrp-doge-ada-in-japan" rel="noopener noreferrer nofollow">price of XRP</a> has risen 14% since the beginning of this week and 47% since the beginning of last week, reaching its highest level since July 2023. While many see this as a promising sign for XRP, DonAlt's analysis suggests that the outlook may be more complex than it appears.
<blockquote class="twitter-tweet">
 My gut feeling on XRP is that it prolly full sendsIDK though— DonAlt (@CryptoDonAlt) <a href="https://twitter.com/CryptoDonAlt/status/1856678657722376202?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 13, 2024</a>
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From a trader's point of view, XRP and similar old-timers of the crypto market may have a hard time maintaining the interest that is constantly changing. Instead of going back to the coins they know, he thinks many investors who have left the crypto market in the past may choose newer, trendier options over established ones like XRP. <img src="https://u.today/sites/default/files/inline-images/xrpusd_15.png" data-entity-uuid="8980e32d-dbeb-4797-abfb-1169afc38561" data-entity-type="file" alt="&quot;&quot;" data-caption="XRP to USD by <a href=&quot;https://coinmarketcap.com/currencies/xrp/&quot;>CoinMarketCap</a>">
That said, he has not ruled out a potential spike in<a href="https://u.today/xrp-all-over-the-place-highest-level-on-binance" rel="noopener noreferrer nofollow">XRP's price</a>. In fact, DonAlt reveals that he has a "gut feeling" that<a href="https://u.today/xrp-makes-first-step-toward-biggest-breakout-in-price-history" rel="noopener noreferrer nofollow">XRP</a> could see a strong upward move but doubts that it can sustain the interest of the newer generation of retail investors.
<h2 dir="ltr" id="new-all-time-high-for-crypto-crimes">New all-time high for crypto crimes</h2>
Aside from the fact that XRP is likely to skyrocket in the near future, the trader predicted that crypto-related crime could reach record levels in the next four years and warned that such issues could harm the long-term growth of the industry. The key suggestion is that security challenges, combined with regulatory pressure, could slow adoption and affect the market's development and stability.
Despite his caution, DonAlt's outlook is not all negative. His general advice for those navigating the crypto market is to stay balanced and avoid extremes, whether that means becoming too ambitious or too relaxed. <a href="https://u.today/top-crypto-trader-issues-very-controversial-xrp-price-outlook" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Top Crypto Trader Issues Very Controversial XRP Price Outlook

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