The post XRP price prediction for 2024 appeared on BitcoinEthereumNews.com.

With 2023 almost over and 2024 creeping closer, XRP (XRP) is looking green on all its charts, trading around the important price level at $0.63 and leaving cryptocurrency traders and investors to wonder at which price range(s) it could end up in the year to come. As it happens, the XRP token is showing signs of recovery despite its price still standing below its yearly high at $0.82 and the (by comparison) lower December high at $0.69, according to the most recent chart information retrieved by Finbold on December 27. $0.70 – $1 in the game That said, XRP could still be looking at a significant recovery at the start of 2024, as per the analysis shared by pseudonymous cryptocurrency expert CoinsKid in an X post on December 25, in which he noted that taking out the $0.6998 level “could spell danger to the XRP perma bears.” XRP price action analysis and prediction. Source: CoinsKid Furthermore, the positive resolution of the long-running legal battle between Ripple and the United States Securities and Exchange Commission (SEC) could further push the price of XRP upwards, perhaps even over the $1 price mark, as reported on December 25. On top of that, the analysis of numerous charts by another pseudonymous crypto market analyst, EGRAG CRYPTO, supports a confident projection of $1.30 – $1.50 on the horizon, reinforcing firm dollar targets, as per the analyst’s X post shared by Finbold on December 18. Possible outcomes for XRP price movement. Source: EGRAG CRYPTO Or a decline to $0.55 However, XRP could also take an opposite turn following a rejection at the mid-line of the ascending parallel channel from the past six months, undergoing a pullback and potentially retracing towards the lower boundary around $0.55, in the view of the renowned crypto expert Ali Martinez. XRP…

---

Filed under: News - @ December 27, 2023 6:16 pm