{"id":659089,"date":"2024-12-07T23:00:41","date_gmt":"2024-12-07T23:00:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=659089"},"modified":"2024-12-07T13:52:54","modified_gmt":"2024-12-07T13:52:54","slug":"countdown-to-5-xrp-engineer-predicts-milestone-on-strong-fundamentals","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/countdown-to-5-xrp-engineer-predicts-milestone-on-strong-fundamentals\/","title":{"rendered":"Countdown To $5 XRP: Engineer Predicts Milestone On &#8216;Strong Fundamentals&#8217;"},"content":{"rendered":"<p>After hitting a high of $2.82 last December 3rd, Ripple\u2019s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/dogecoin-days-at-the-top-numbered-cardano-set-to-take-over-analyst\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Days At The Top Numbered? Cardano Set To Take Over \u2014 Analyst<\/a><\/div>\n<p>Like most digital assets in recent days, XRP is undergoing extreme market volatility. However, for Vincent Van Code, a software engineer, the Ripple\u2019s altcoin is poised to hit $5 under these market conditions.<\/p>\n<p>Van Code\u2019s comments come when the broader crypto market is experiencing a substantial downturn, driven by Bitcoin\u2019s erratic price movements, which briefly breached the $100k mark. The world\u2019s top asset briefly hit $104,088 on Thursday but immediately suffered a \u201cflash crash,\u201d dropping to $90,500.<\/p>\n<p>As of this writing, Bitcoin has regained strength and is trading above $98k.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XRP<\/a> is not dumping, it&#8217;s a whole market thing. Triggered by <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BTC<\/a> dump.<\/p>\n<p>Fundamentals are very strong for XRP, if you&#8217;re a holder, my gut is telling me it will hit $5 by Feb 2025. All this is noise.<\/p>\n<p>Not Financial Advice. I am not qualified to give any advice. <a href=\"https:\/\/t.co\/33dtboWwRl\" rel=\"nofollow\">pic.twitter.com\/33dtboWwRl<\/a><\/p>\n<p>\u2014 Vincent Van Code (@vincent_vancode) <a href=\"https:\/\/twitter.com\/vincent_vancode\/status\/56401804?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 5, 2024<\/a><\/p><\/blockquote>\n<h2><strong>Rising Market Concerns On Bitcoin And Crypto?<\/strong><\/h2>\n<p>The sudden Bitcoin crash was felt throughout the crypto market, spooking many retailers and investors. While the drop significantly affected the greater crypto market, the loss among top altcoins isn\u2019t as big as Bitcoin&#8217;s.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-659091\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d5e8d4.png?resize=604%2C903\" alt=\"\" width=\"604\" height=\"903\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d5e8d4.png?w=604 604w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d5e8d4.png?w=308 308w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d5e8d4.png?w=575 575w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\"><\/p>\n<p>Ripple\u2019s XRP is one of the top tokens that declined during Bitcoin\u2019s brief crash. XRP\u2019s price dropped from a high of $2.48 to $2.23, reflecting a 10% loss. Traditionally, altcoins often suffer massive price breakdowns every time Bitcoin corrects in price.<\/p>\n<h2><strong>Current Price Corrections Just &#8216;Noises&#8217; For Long-Term Holders<\/strong><\/h2>\n<p>Market observers, including Van Code, have weighed in on the situation, highlighting XRP\u2019s resilience amid Bitcoin\u2019s slump. He attributed this outcome to the coin&#8217;s strong fundamentals, emphasizing that they remain solid despite market turbulence.<\/p>\n<p>Van Code analyzed the situation and shared his optimism on XRP, and he expects the token\u2019s value to hit $5 by February 2025.<\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/xBcNvQhV\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">XRP is currently trading at $2.4. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>According to the commentator, the current price corrections are just \u201cnoises\u201d that can be ignored if you\u2019re on XRP for the long haul. Ripple\u2019s token has been following a range pattern for four days after momentarily hitting $2.85. Since then, XRP\u2019s momentum has slowed, pushing the price to revisit $2.10.<\/p>\n<h3><strong>XRP Holders And Traders Getting Ready For Another Run<\/strong><\/h3>\n<p>XRP holders are holding on to their optimism and looking for the next drivers to push the asset to revisit its all-time high and enter a price discovery mode.<\/p>\n<p>At $2.36, Ripple\u2019s XRP needs to surge by at least 112% to hit $5. Interestingly, XRP has increased by more than four times over the past month, keeping the hopes of holders and investors alive.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/XRPHolders?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XRPHolders<\/a>\ud83d\udea8 Get Ready <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XRP<\/a> Is About To Make New All Time High Of 3.50$ Very Soon. <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XRP<\/a> Printed Bull Flag Pattern \ud83d\udc40 <a href=\"https:\/\/t.co\/UyiMuGO6s3\" rel=\"nofollow\">pic.twitter.com\/UyiMuGO6s3<\/a><\/p>\n<p>\u2014 XRP CAPTAIN (@UniverseTwenty) <a href=\"https:\/\/twitter.com\/UniverseTwenty\/status\/43091384?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 5, 2024<\/a><\/p><\/blockquote>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-659092\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?resize=1024%2C501\" alt=\"\" width=\"1024\" height=\"501\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=1612 1612w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=130 130w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=104 104w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=83 83w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/12\/a_d1bce7.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/market-expert-not-long-on-xrp-youre-disrespecting-yourself\/\" target=\"_blank\" rel=\"noopener \">Market Expert: Not Long On XRP? You\u2019re \u2018Disrespecting\u2019 Yourself<\/a><\/div>\n<p>Some analysts also point to different bullish patterns for XRP on the charts. In one Twitter\/X post, user \u201cXRP Captain\u201d urged the tokens\u2019 holders to prepare for a breakout soon. He argued that the coin is ready to reach an all-time high, as suggested by a bull flag on the charts.<\/p>\n<p><em>Featured image from Forbes, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After hitting a high of $2.82 last December 3rd, Ripple\u2019s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days. Related Reading: Dogecoin Days At The Top Numbered? Cardano Set To Take Over \u2014 Analyst Like most digital assets in recent days, XRP is undergoing extreme market volatility. However, for Vincent Van Code, a software engineer, the Ripple\u2019s altcoin is poised to hit $5 under these market conditions. Van Code\u2019s comments come when the broader crypto market is experiencing a substantial downturn, driven by Bitcoin\u2019s erratic price movements, which briefly breached the $100k mark. The world\u2019s top asset briefly hit $104,088 on Thursday but immediately suffered a \u201cflash crash,\u201d dropping to $90,500. As of this writing, Bitcoin has regained strength and is trading above $98k. #XRP is not dumping, it&#8217;s a whole market thing. Triggered by #BTC dump. Fundamentals are very strong for XRP, if you&#8217;re a holder, my gut is telling me it will hit $5 by Feb 2025. All this is noise. Not Financial Advice. I am not qualified to give any advice. pic.twitter.com\/33dtboWwRl \u2014 Vincent Van Code (@vincent_vancode) December 5, 2024 Rising Market Concerns On Bitcoin And Crypto? The sudden Bitcoin crash was felt throughout the crypto market, spooking many retailers and investors. While the drop significantly affected the greater crypto market, the loss among top altcoins isn\u2019t as big as Bitcoin&#8217;s. Ripple\u2019s XRP is one of the top tokens that declined during Bitcoin\u2019s brief crash. XRP\u2019s price dropped from a high of $2.48 to $2.23, reflecting a 10% loss. Traditionally, altcoins often suffer massive price breakdowns every time Bitcoin corrects in price. Current Price Corrections Just &#8216;Noises&#8217; For Long-Term Holders Market observers, including Van Code, have weighed in on the situation, highlighting XRP\u2019s resilience amid Bitcoin\u2019s slump. He attributed this outcome to the coin&#8217;s strong fundamentals, emphasizing that they remain solid despite market turbulence. Van Code analyzed the situation and shared his optimism on XRP, and he expects the token\u2019s value to hit $5 by February 2025. According to the commentator, the current price corrections are just \u201cnoises\u201d that can be ignored if you\u2019re on XRP for the long haul. Ripple\u2019s token has been following a range pattern for four days after momentarily hitting $2.85. Since then, XRP\u2019s momentum has slowed, pushing the price to revisit $2.10. XRP Holders And Traders Getting Ready For Another Run XRP holders are holding on to their optimism and looking for the next drivers to push the asset to revisit its all-time high and enter a price discovery mode. At $2.36, Ripple\u2019s XRP needs to surge by at least 112% to hit $5. Interestingly, XRP has increased by more than four times over the past month, keeping the hopes of holders and investors alive. #XRPHolders\ud83d\udea8 Get Ready #XRP Is About To Make New All Time High Of 3.50$ Very Soon. #XRP Printed Bull Flag Pattern \ud83d\udc40 pic.twitter.com\/UyiMuGO6s3 \u2014 XRP CAPTAIN (@UniverseTwenty) December 5, 2024 Related Reading: Market Expert: Not Long On XRP? You\u2019re \u2018Disrespecting\u2019 Yourself Some analysts also point to different bullish patterns for XRP on the charts. In one Twitter\/X post, user \u201cXRP Captain\u201d urged the tokens\u2019 holders to prepare for a breakout soon. He argued that the coin is ready to reach an all-time high, as suggested by a bull flag on the charts. Featured image from Forbes, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":659095,"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-659089","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>$5 XRP: Engineer Predicts Milestone On &#039;Strong Fundamentals&#039;<\/title>\n<meta name=\"description\" content=\"After hitting a high of $2.82 last December 3rd, Ripple\u2019s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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