{"id":599741,"date":"2024-03-26T22:00:20","date_gmt":"2024-03-26T22:00:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=599741"},"modified":"2024-06-11T08:30:15","modified_gmt":"2024-06-11T08:30:15","slug":"crypto-analyst-xrp-price-800-6","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ripple\/crypto-analyst-xrp-price-800-6\/","title":{"rendered":"Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here\u2019s When"},"content":{"rendered":"

The XRP price continues to disappoint investors<\/a> who expect that it would\u2019ve crossed $1 by now since Ripple\u2019s battle with the United States Securities and Exchange Commission (SEC) is nearing its end. However, this has not discouraged investors and traders who believe that there are big things in store for the altcoin.<\/p>\n

Crypto Analyst Predicts XRP Will Reach $6<\/h1>\n

Pseudonymous crypto analyst Mikybull has been bullish on the XRP price for a long time, taking to X (formerly Twitter) to, once again, reiterate their stance that the altcoin is going to do well. At the start of March, Mikybull had put forward an analysis that showed that the XRP price is primed for an over 800% run.<\/p>\n

Related Reading: Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy?<\/a><\/div>\n

At the time, the crypto analyst pointed out that XRP had broken out of a symmetrical triangle<\/a>, which is bullish for the price. A similar breakout had taken place back in 2017 which led to an over 1,000% increase in the price, and Mikybull references in the analysis. However, like the rest of the crypto market, XRP<\/a> ended up dipping as the Bitcoin price crashed from $73,000 to $61,000. But now that the market is starting to recover, the crypto analyst believes that the altcoin is primed for a big move.<\/p>\n

Over the course of March, Mikybull has consistently talked about this prediction, especially as the price retested various resistance points. Then, on Monday, March 25, the crypto analyst shared another chart showing that the XRP price has completed its retest and is ready to move upward.<\/p>\n

\n

$XRP<\/a><\/p>\n

It has concluded its retest and it’s now preparing for an explosive upward move\ud83d\ude80<\/p>\n

\ud83c\udfafTargets: $1-$6 https:\/\/t.co\/3Vsr67s32z<\/a> pic.twitter.com\/Dbdu2kVhpa<\/a><\/p>\n

\u2014 Mikybull \ud83d\udc02Crypto (@MikybullCrypto) March 25, 2024<\/a><\/p><\/blockquote>\n

Mikybull shared that the targets for this move lie between $1 and $6, with the upper end of this target being an 833% move from its current price.<\/p>\n

When Will The XRP Price Hit This Target?<\/h2>\n

While Mikybull does not present a particular timeframe in their analysis, the charts shared provide some insight into when they expect this move to occur for XRP<\/a>. Just like in 2017, the crypto analyst expects the rally to take place in the same year as the breakout from the symmetrical triangle, which means it could happen this year.<\/p>\n

Related Reading: Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next<\/a><\/div>\n

The breakout could happen toward the middle of the year and this would mean that it would happen after the Bitcoin halving<\/a> is completed. This is not surprising given that the Bitcoin halving is regarded as the ultimate bull signal and altcoins rally once Bitcoin\u2019s price<\/a> picks up.<\/p>\n

Presently, the XRP<\/a> price is showing a lot of strength after rallying 11.73% in the last week. It is currently trading at $0.648 at the time of writing, with a market cap of $35.5 billion, which makes its the 6th-largest cryptocurrency by market cap.<\/p>\n

\"XRP<\/p>\n

Token price trending at $0.64 | Source: XRPUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from Bitcoinist, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The XRP price continues to disappoint investors who expect that it would\u2019ve crossed $1 by now since Ripple\u2019s battle with the United States Securities and Exchange Commission (SEC) is nearing its end. However, this has not discouraged investors and traders who believe that there are big things in store for the altcoin. Crypto Analyst Predicts XRP Will Reach $6 Pseudonymous crypto analyst Mikybull has been bullish on the XRP price for a long time, taking to X (formerly Twitter) to, once again, reiterate their stance that the altcoin is going to do well. At the start of March, Mikybull had put forward an analysis that showed that the XRP price is primed for an over 800% run. Related Reading: Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy? At the time, the crypto analyst pointed out that XRP had broken out of a symmetrical triangle, which is bullish for the price. A similar breakout had taken place back in 2017 which led to an over 1,000% increase in the price, and Mikybull references in the analysis. However, like the rest of the crypto market, XRP ended up dipping as the Bitcoin price crashed from $73,000 to $61,000. But now that the market is starting to recover, the crypto analyst believes that the altcoin is primed for a big move. Over the course of March, Mikybull has consistently talked about this prediction, especially as the price retested various resistance points. Then, on Monday, March 25, the crypto analyst shared another chart showing that the XRP price has completed its retest and is ready to move upward. $XRP It has concluded its retest and it’s now preparing for an explosive upward move\ud83d\ude80 \ud83c\udfafTargets: $1-$6 https:\/\/t.co\/3Vsr67s32z pic.twitter.com\/Dbdu2kVhpa \u2014 Mikybull \ud83d\udc02Crypto (@MikybullCrypto) March 25, 2024 Mikybull shared that the targets for this move lie between $1 and $6, with the upper end of this target being an 833% move from its current price. When Will The XRP Price Hit This Target? While Mikybull does not present a particular timeframe in their analysis, the charts shared provide some insight into when they expect this move to occur for XRP. Just like in 2017, the crypto analyst expects the rally to take place in the same year as the breakout from the symmetrical triangle, which means it could happen this year. Related Reading: Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next The breakout could happen toward the middle of the year and this would mean that it would happen after the Bitcoin halving is completed. This is not surprising given that the Bitcoin halving is regarded as the ultimate bull signal and altcoins rally once Bitcoin\u2019s price picks up. Presently, the XRP price is showing a lot of strength after rallying 11.73% in the last week. It is currently trading at $0.648 at the time of writing, with a market cap of $35.5 billion, which makes its the 6th-largest cryptocurrency by market cap. Token price trending at $0.64 | Source: XRPUSDT on Tradingview.com Featured image from Bitcoinist, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":599761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-599741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts XRP Price Will Rally 800% To $6, Here\u2019s When<\/title>\n<meta name=\"description\" content=\"The XRP price continues to disappoint investors 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here\u2019s When","url":"http:\/\/ktsl888.com\/news\/ripple\/crypto-analyst-xrp-price-800-6\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ripple\/crypto-analyst-xrp-price-800-6\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/XRP-price-4.jpeg?resize=200%2C168","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/XRP-price-4.jpeg?fit=300%2C168"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrp price prediction","xrpusd","xrpusdt"],"dateCreated":"2024-03-26T22:00:20Z","datePublished":"2024-03-26T22:00:20Z","dateModified":"2024-06-11T08:30:15Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here\\u2019s When\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/crypto-analyst-xrp-price-800-6\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ripple\\\/crypto-analyst-xrp-price-800-6\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-price-4.jpeg?resize=200%2C168\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/XRP-price-4.jpeg?fit=300%2C168\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrp price prediction\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-03-26T22:00:20Z\",\"datePublished\":\"2024-03-26T22:00:20Z\",\"dateModified\":\"2024-06-11T08:30:15Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/03\/XRP-price-4.jpeg?fit=300%2C168","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/599741"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=599741"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/599741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/599761"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=599741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=599741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=599741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}