{"id":656475,"date":"2024-12-04T02:00:41","date_gmt":"2024-12-04T02:00:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=656475"},"modified":"2024-12-03T13:26:25","modified_gmt":"2024-12-03T13:26:25","slug":"xrp-still-below-its-all-time-high-as-crypto-explodes-107-psychologist-says","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/xrp-still-below-its-all-time-high-as-crypto-explodes-107-psychologist-says\/","title":{"rendered":"XRP Still Below Its All-Time High As Crypto Explodes 107%, Psychologist Says"},"content":{"rendered":"<p>If you\u2019re a crypto holder, a keen market observer, or just reading the headlines lately, you\u2019ll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple\u2019s XRP is creating a price surge: the altcoin is enjoying a solid<a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\"> 107% gain<\/a> in the last week, data from Coingecko shows.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/cardano-to-hit-10-analyst-thinks-its-happening-this-cycle\/\" target=\"_blank\" rel=\"noopener \">Cardano To Hit $10? Analyst Thinks It\u2019s Happening This Cycle<\/a><\/div>\n<p>To fully understand XRP\u2019s surge, we must take a step back to its price during the November 5th elections and its value at the start of the year. Immediately after Donald Trump won, the coin was off to a sluggish start, trading at $1.50 levels.<\/p>\n<figure id=\"attachment_656521\" aria-describedby=\"caption-attachment-656521\" style=\"width: 684px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-656521 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_e63181.png?resize=684%2C568\" alt=\"\" width=\"684\" height=\"568\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_e63181.png?w=684 684w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_e63181.png?w=460 460w\" sizes=\"auto, (max-width: 684px) 100vw, 684px\"><figcaption id=\"caption-attachment-656521\" class=\"wp-caption-text\">XRP showing solid numbers in the weekly chart. Source: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\" target=\"_blank\" rel=\"noopener nofollow\">Coingecko<\/a><\/figcaption><\/figure>\n<p>But at the beginning of the year, it was trading at $0.61, reflecting a 350% increase. Thanks to XRP\u2019s bullish movement, Tether has been dethroned from the top cryptos in terms of market caps.<\/p>\n<p>But if you think that Ripple\u2019s XRP momentum is about to end, well &#8211; think again. According to Crypto Michael, a market psychologist, the altcoin is still trading below its potential peak, and he expects a bigger <a href=\"https:\/\/www.investopedia.com\/deal-with-crypto-fomo-6455103#:~:text=Many%20investors%20are%20terrified%20of,and%20sometimes%20unsubstantiated%20trading%20decisions.\" target=\"_blank\" rel=\"noopener nofollow\">\u201cFOMO\u201d<\/a> frenzy soon.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The craziest thing about this XRP rally is that it still hasn\u2019t broken its ATH<\/p>\n<p>Imagine what will happen when it breaks ATH and enters price discovery<\/p>\n<p>They laughed at me when I called for a major breakout back at $0.5<\/p>\n<p>I think it\u2019s time you stopped underestimating this coin<\/p>\n<p>\u2014 Crypto Michael (@MichaelXBT) <a href=\"https:\/\/twitter.com\/MichaelXBT\/status\/59382147?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 2, 2024<\/a><\/p><\/blockquote>\n<h2><strong>Ripple\u2019s XRP Is Having A Moment<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">XRP is arguably the hottest crypto right now, and its gains outperform those of Bitcoin and Ethereum. Today, XRP is <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" target=\"_blank\" rel=\"noopener nofollow\">trading at around $2.73<\/a>, consolidating its price above $2.50. Last month, its price was hovering near the $0.60 level just before the elections, reflecting a growth of over 400% in just one month.<\/span><\/p>\n<p>XRP\u2019s thrilling price rally has attracted considerable attention from holders, traders, market analysts, and psychologists. Crypto Michael, who regularly shares his bullish calls on XRP, has contributed his insights on the current market action. In a Twitter\/X post, he shared that the token\u2019s wild days aren\u2019t over.<\/p>\n<figure style=\"width: 1634px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/PzWKvp8c\/\" width=\"1634\" height=\"883\"><figcaption class=\"wp-caption-text\">XRP is currently trading at $2.69. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<h3><strong>Altcoin To Break ATH And Enter &#8216;Price Discovery&#8217;<\/strong><\/h3>\n<p>In the same Twitter\/X post that garnered over 72k views, Crypto Michael argued that XRP\u2019s current rally hasn\u2019t broken its all-time high. He added that if XRP breaks out and hits another all-time high, it enters its price discovery, and all bets are off.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/shiba-inu-all-set-for-bull-show-eyes-180-rally-analyst\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu All Set For \u2018Bull Show\u2019, Eyes 180% Rally \u2013 Analyst<\/a><\/div>\n<h3><strong>Is It FOMO Time For Ripple\u2019s XRP?<\/strong><\/h3>\n<p>The analyst also challenged everyone to imagine a scenario in which XRP finally hits another all-time high and enters price discovery mode. Michael thinks a FOMO moment will break out if this happens.<\/p>\n<p>Crypto Michael\u2019s continuous bullish call on XRP has continued to receive criticism. Still, the market psychologist remains firm in his position. In an August 10th posting, he targeted $2 for XRP. However, with the recent rally, Michael has re-assessed his position and decided to hold.<\/p>\n<p><em>Featured image from Fortune, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re a crypto holder, a keen market observer, or just reading the headlines lately, you\u2019ll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple\u2019s XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows. Related Reading: Cardano To Hit $10? Analyst Thinks It\u2019s Happening This Cycle To fully understand XRP\u2019s surge, we must take a step back to its price during the November 5th elections and its value at the start of the year. Immediately after Donald Trump won, the coin was off to a sluggish start, trading at $1.50 levels. But at the beginning of the year, it was trading at $0.61, reflecting a 350% increase. Thanks to XRP\u2019s bullish movement, Tether has been dethroned from the top cryptos in terms of market caps. But if you think that Ripple\u2019s XRP momentum is about to end, well &#8211; think again. According to Crypto Michael, a market psychologist, the altcoin is still trading below its potential peak, and he expects a bigger \u201cFOMO\u201d frenzy soon. The craziest thing about this XRP rally is that it still hasn\u2019t broken its ATH Imagine what will happen when it breaks ATH and enters price discovery They laughed at me when I called for a major breakout back at $0.5 I think it\u2019s time you stopped underestimating this coin \u2014 Crypto Michael (@MichaelXBT) December 2, 2024 Ripple\u2019s XRP Is Having A Moment XRP is arguably the hottest crypto right now, and its gains outperform those of Bitcoin and Ethereum. Today, XRP is trading at around $2.73, consolidating its price above $2.50. Last month, its price was hovering near the $0.60 level just before the elections, reflecting a growth of over 400% in just one month. XRP\u2019s thrilling price rally has attracted considerable attention from holders, traders, market analysts, and psychologists. Crypto Michael, who regularly shares his bullish calls on XRP, has contributed his insights on the current market action. In a Twitter\/X post, he shared that the token\u2019s wild days aren\u2019t over. Altcoin To Break ATH And Enter &#8216;Price Discovery&#8217; In the same Twitter\/X post that garnered over 72k views, Crypto Michael argued that XRP\u2019s current rally hasn\u2019t broken its all-time high. He added that if XRP breaks out and hits another all-time high, it enters its price discovery, and all bets are off. Related Reading: Shiba Inu All Set For \u2018Bull Show\u2019, Eyes 180% Rally \u2013 Analyst Is It FOMO Time For Ripple\u2019s XRP? The analyst also challenged everyone to imagine a scenario in which XRP finally hits another all-time high and enters price discovery mode. Michael thinks a FOMO moment will break out if this happens. Crypto Michael\u2019s continuous bullish call on XRP has continued to receive criticism. Still, the market psychologist remains firm in his position. In an August 10th posting, he targeted $2 for XRP. However, with the recent rally, Michael has re-assessed his position and decided to hold. Featured image from Fortune, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":656532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,428,6664,3680,4531],"class_list":["post-656475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\n<title>XRP Still Below Its All-Time High As Crypto Explodes 107%:<\/title>\n<meta name=\"description\" content=\"If you\u2019re a crypto holder, a keen market observer, or just reading the headlines lately, you\u2019ll know that a few cryptocurrencies are making waves. 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