Ripple XRP shows signs that a price rise is imminent. The token still hasn’t broken into this bullish path. Ripple has been on a partnership and collaboration spree but the token is yet to show a bullish trend. The ripple community is not yet dismayed by the sluggish XRP price, as they are confident that XRP will soon reach a new ATH.
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What is the current price of XRP?
Egrag Crypto, an acclaimed crypto analyst has released another optimistic price forecast for XRP. The analyst noted a development that was new on X. He added that XRP shows signs of mild consolidation, which is natural for its growth. The expert, while discussing in detail the XRP charts, highlighted how XRP’s candle is closing above the fib levels 0.236 and referred to it as a natural consolidate.
“With all the saga in the last couple of weeks, the monthly time frame candle formation is closing above Fib 0.236. This is simply a natural consolidation! 📈.”
He then highlighted a fib threshold, a point that could help XRP reach new highs. According to the analyst, XRP must target the fib 0.5 threshold, as this can give the token momentum, and help it surpass the fib 1.618. Once this level is crossed, it can help XRP to trade above the $6 level.
“Next target:🎯 Fib 0.5! Flip it with conviction, and then we fly to Fib 1.618 ($6.4)! 🌠#XRPArmy, STAY STEADY! Our time will come, and it will be as bright as Sirius! 🌌📝 N.B: Sirius is the brightest star in the night sky.”
Egrag crypto has uploaded a chart that shows the price of XRP by the end of 2025.
Ripple XRP Forecast for July
Ripple’s price is still not gaining traction or increasing in price despite the bullish predictions. The price of Ripple is yet to receive intense traction and rise in value. CoinCodexThe token’s price may increase by 20 percent in July to $0.57
“According to our current XRP price prediction, the price of XRP is predicted to rise by 20.72% and reach $ 0.577493 by July 31, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 53 (Neutral). XRP recorded 13/30 (43%) green days with 3.47% price volatility over the last 30 days.”
By the end the year, the portal expects XRP’s price to reach $1.
“XRP is forecasted to trade within a range of $ 0.301398 and $ 1.486503. If it reaches the upper price target, XRP could increase by 210.30% and reach $ 1.486503.”
As per CoinpediaThe price of XRP in 2025 will be somewhere around $3.
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“With the remittances market growing every year, XRP is set to capitalize its gains in the cross-border payments market…XRP price prediction for 2025 sets the high at $3.38 and creates a new all-time high. However, in case of a global crisis, the XRP price might rest at $2.47, making an average of $2.925.”
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Source: watcher.guru