The post XRP Below $1? Not Happening, Claims Millionaire Analyst appeared on BitcoinEthereumNews.com.

Este artículo también está disponible en español. Ripple’s XRP has traded below the $1 level for nearly three years, affected primarily by the cases filed by the US Securities and Exchange Commission (SEC). Even during the mini bull run immediately after Donald Trump’s election, XRP had a sluggish price action, struggling to maintain its $0.57 price. But last November 16th, the altcoin hit the $1 price mark after surging by 14.72%. Related Reading Fast-forward to one week and XRP is trading at $1.50, which briefly hit $1.62 last November 23rd. For many analysts, there’s no turning back for XRP’s price, with one popular Twitter/X user saying it will no longer drop below $1. In a post on Twitter/X last November 23rd, a millionaire mentor, a.k.a. the “Bearable Bull,” boldly predicted that the market would never see XRP “go below $1 again”. We Will Never See XRP Go Below $1 AGAIN — The Bearable Bull (@thebearablebull) November 23, 2024 $1 As XRP’s Base For Further Growth Ripple’s XRP started the year at $0.61 and traded for the next few months on the $0.50 to $0.60 level. And while Bitcoin and other altcoins started to rally immediately after Trump’s election, XRP’s price movement remained sluggish. Only a few days ago, XRP’s price began to move before breaking the $1 level on November 16th. The previous time Ripple’s XRP held the price was in December 2021, when it dipped to $1.96. For many market analysts, the $1 price now serves as the base for consolidation and further growth. XRP is currently trading at $1.38. Chart: TradingView XRP’s Price Will Not Look Back To $1 – Analyst XRP’s recent price rally has caught the attention of many analysts and market observers. The Bearable Bull, a popular crypto mentor on Twitter/X, is one of those…

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Filed under: News - @ November 24, 2024 9:01 pm