bullish

Block

Time

<p>XRP has been on a <a href="https://coinpedia.org/news/xrp-trend-hits-yearly-high-of-1-why-has-xrp-gone-up/" target="_blank" rel="noreferrer noopener">remarkable run</a>, soaring 119.905% since the <a href="https://coinpedia.org/news/donald-trump-wins-2024-us-election-crypto-voters-play-a-key-role-in-victory/" target="_blank" rel="noreferrer noopener">U.S. presidential election</a>. On November 16, the token hit a peak of $1.1205, up from its pre-election level of $0.5038. However, since November 17, XRP’s price has been consolidating within a range of $1.1220 to $1.0544. </p>   
<p>Could a significant breakout be around the corner? Here’s a closer look at the signals and predictions fueling market buzz.</p>   
<h2 class="wp-block-heading" id="h-history-tells-us-a-big-move-is-coming">History Tells Us - A Big Move Is Coming!</h2>   
<p>XRP’s recent price action mirrors patterns seen in the 2017-18 and 2020-21 cycles. These historical trends, coupled with a seven-year symmetrical triangle pattern, suggest a major price move could be on the horizon.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/TheBlockBull/status/1859292745573044229 
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<p>Over the last week, <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP's price</a> has risen by 59.2%, currently trading at $1.1200. Since November 5, it has surged by an impressive 119.905%. The daily chart indicates that a breakout from the current consolidation range of $1.0544 to $1.1220 could happen any moment, potentially setting the stage for another rally.</p>   
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</figure>   [post_titles_links postid="382772"]   
<h2 class="wp-block-heading" id="h-could-xrp-hit-1-96">Could XRP Hit $1.96?</h2>   
<p>According to The Block Bull, a respected crypto market analyst, if XRP can break above the critical resistance zone at $1.18 to $1.20, it may surge to $1.96 by November 24. This would represent a 75% increase from its current levels.</p>   
<p>The analyst’s projection is based on how the current price cycle blends elements of the 2017-18 and 2020-21 patterns. Additionally, the recent breakout from a seven-year symmetrical triangle pattern on November 11 signals strong bullish momentum that could propel XRP to new heights.</p>   
<p>Despite the optimistic forecast, The Block Bull has warned of a potential correction after the rally. If XRP hits $1.96, it could retrace to $0.50.</p>   
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</figure>   
<p>However, the analyst views this pullback as a prime buying opportunity for investors looking to enter the market at a lower price.</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732182845240">
  <strong class="schema-faq-question">Does XRP really have a future?</strong> 
  <p class="schema-faq-answer">XRP's future depends on legal outcomes and market conditions. While it shows potential, especially with recent gains, its success remains uncertain in the long term</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732182880666">
  <strong class="schema-faq-question"><strong><strong>How much is XRP worth?</strong></strong></strong> 
  <p class="schema-faq-answer">At the time of writing, the price of 1 XRP token was $1.12.</p> 
 </div> 
</div>   
<p><strong>XRP’s price action is proving once again that the crypto world never stands still. We're expecting something big ahead!</strong></p>

Ripple News: XRP Price Could Hit $1.96 by Nov 24, Says Analyst

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