It appears that the cryptocurrency market is recovering after its recent drop. Bitcoin (BTC), which has been rising by 5.1% over the past 24 hours, has recovered the $64,000 level. In addition, the crypto-market cap for all of cryptocurrency has increased by 4.9% over 24 hours. It now stands at $2.45 trillion. Ripple XRP’s daily chart has seen a 1.9% increase in its value.
The weekly chart shows XRP down 18.2%, the 14-day chart 14.1%, and the 16.1% from the month before. XRP has also fallen by 4.3% in price since April 2023.
Also Read: Ripple XRP Price Prediction For This Weekend As Bitcoin Halving Nears
BTC’s impending halving could explain the recent rise in BTC. It is anticipated that the original cryptocurrency will undergo its halving in April. 20, 2024. Some consider half-offs to be bullish, as it reduces the amount of assets available. This could result in a spike in demand.
Ripple XRP price prediction for April end
CoinCodex estimates that Ripple XRP’s value could reach $0.646849 in April. 23, 2024. To reach $0.646849, from the current level of $0.006099 would represent a 29.6% increase. CoinCodex predicts that XRP will drop a bit after reaching $0.646849. Platform predicts that XRP will trade at $0.62 in April. 30, 2024.
Also Read: Ripple & SEC Settlement Rumored as XRP Falls; Is a Rally Close?
Changelly Also, XRP is expected to increase in price over time. next Few days. Platform predicts that XRP will reach $0.632210 by April. The platform predicts XRP to reach $0.632210 on April 30.
Ripple’s ongoing legal battle with the SEC, the Securities and Exchange Commission (SEC), is a major obstacle to XRP’s value. The fintech firm received a partial favorable verdict by a district judge, but the case is now before the high court. If the ruling of the high court is similar to that of the district court we could see a price surge for XRP.
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Source: watcher.guru