Donald Trump

Gary

<p>Ripple’s XRP is down by more than five percent in the last 24 hours and is trading above the $1.50 level. The cryptocurrency is up by more than 40 percent in the last seven days and is now trying to break the $1.70 levels. Ripple's XRP saw a massive surge after <a href="https://coinpedia.org/news/big-breaking-sec-chair-gary-gensler-officially-resigns/">SEC Chairman Gary Gensler announced he will step down on January 20, 2025.</a> This date aligns with the expected inauguration of Donald Trump as the 47th President.</p>   
<p>The price has recently surpassed the 78.6% Fibonacci level, sitting around $1.30. As mentioned earlier, once XRP broke above this level, we anticipated a move towards the $1.60 to $1.70 range. </p>   
<p class="has-background" style="background-color:#c3dceb"><strong><em>Curious about XRP's future? Check out our in-depth <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP Price Prediction for 2025</a> to explore potential trends and market insights!</em></strong></p>   
<p>Here’s a breakdown of XRP’s price analysis by analyst <a href="https://www.youtube.com/watch?v=3s3phM-J7ag&amp;pp=ygUUSm9zaCBvZiBDcnlwdG8gV29ybGQ%3D">Josh of Crypto World</a>:&nbsp;</p>   
<h2 class="wp-block-heading" id="h-short-term-outlook"><strong>Short-Term Outlook</strong></h2>   
<p>XRP's bullish move continues as the price surges toward its $1.72 target, which comes from the flagpole pattern. The first target of $1.34 has already been achieved, and now the focus is on reaching the $1.72 level, which is slightly above the recent highs.</p>   
<p>The move from $1.30 to $1.72 represents a near-term goal. However, as previously mentioned in the weekly analysis, XRP may face resistance in this range. The breakout to $1.72 would complete the bullish continuation pattern, which would then set up a test of the $1.60-$1.70 resistance zone.</p>   
<h2 class="wp-block-heading" id="h-price-action-and-targets-above-1-30"><strong>Price Action and Targets Above $1.30</strong></h2>   
<p>The levels mentioned above are critical to watch because once XRP clears this range, we could see a surge towards $2. Historically, this price zone has acted as strong resistance, and breaking through it would significantly enhance the bullish momentum. Regulatory clarity or any favorable legal outcomes related to the SEC case could fuel investor confidence and increase demand for XRP.</p>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732416891912">
  <strong class="schema-faq-question">How High Will XRP Go?<br></strong> 
  <p class="schema-faq-answer">XRP could potentially surge toward the $2 mark if it breaks past the $1.60-$1.70 resistance zone and maintains bullish momentum.</p> 
 </div> 
</div>

XRP Price Prediction For 24 November

Table of Contents

CoinPedia News

Other articles published on Nov 24, 2024

Analysts Provide Price Predictions for TIA and FIL Coins

Stellar Price Surge Positions XLM as Market Leader

December 2024 Meme Coin Predictions: 5 Must-Buy Tokens for Big Gains!

100x Gains on the Horizon? This Insanely Cheap Altcoin Is Ready to Explode!

XRP Secures Golden Cross Against Bitcoin, What's Next?

Major Cryptocurrency Exchange Decided to Shut Down Its Chain: Users Need To Take Steps By 10 Janu...

Join our free newsletter for daily crypto updates!