Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	31,824,030,499	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

31,824,030,499

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0415	7.72%	0.5793	0.5792	0.5793

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0415

7.72%

0.5793

0.5792

0.5793

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.5883	0.5326	0.538	0.5378	0.382490 - 0.852600

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.5883

0.5326

0.538

0.5378

0.382490 - 0.852600

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:34:34	1,708.96	0.5793	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

16:34:34

1,708.96

0.5793

USD

Price x Volume	Volume	Base Symbol	Related Pairs
77,144,056.25	138,295,708.54	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

77,144,056.25

138,295,708.54

Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

30/09/2023 4:00pm

NEWSBTC

Following its victory against the US Securities and Exchange Commission, the XRP price has been displaying bullish sentiments, effectively gaining the attention of long-term investors seeking to buy and hold to gain more profits. In light of this, a crypto CEO has disclosed his insights on XRP’s bullish outlook, acknowledging the prospects of a bull run in the future. Crypto CEO Concedes Possible XRP Bull Run The market sentiment surrounding Ripple Labs’ native token, XRP has taken a bullish trajectory, increasing investors’ confidence and expectations of a possible bull run. Related Reading: CRV Price Surges 16% – What’s The Next Move For Curve DAO Token? Matthew Dixon, Chief Executive Officer of Evai, a renowned crypto valuation platform, has recognized and highlighted this shift in market sentiment and aired his remarks on the token’s bullish position in an X (formerly Twitter) post on Friday. A price surge for the XRP price may be inevitable according to Dixon who used market insights from well-known crypto market analysts who were bullish on the crypto as a basis for his belief. “Listening to other market commentators I hear a lot of Bullishness in the air for XRP. They may well be right,” Dixon stated. XRP price still holding at $0.51 support | Source: XRPUSD on Tradingview.com Dixon Exercises Caution Amidst XRP Price Bullish Sentiment Amid the backdrop of crypto market volatilities and regulatory uncertainties that have plagued the XRP ecosystem, the cryptocurrency’s bullish trend comes as great news for the XRP community and its investors. There have been many price predictions for the XRP token. Some market analysts have predicted that the XRP price may see an increase as high as $250. Another analyst also forecasted a price surge of 2500% for the XRP token, pushing the cryptocurrency as high as $20 in the future. Related Reading: Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today XRP’s bullish trend started taking effect after its win over the SEC when US District Judge Analisa Torres ruled in favor of XRP, stating that programmatic XRP sales do not qualify as securities. Market observers are presently watching the XRP price and the developments in its ecosystem closely. The cryptocurrency has had its fair share of gains and losses this year. Therefore, it remains to be seen if XRP can sustain its bullish sentiment. Dixon has stated that he would remain cautious of XRP’s bullish momentum while waiting for more compelling evidence of a bull run in the future. The crypto CEO explained that he would remain a short-term investor to avoid significant losses. Nevertheless, he stated that he was also open to being a long-term investor of XRP if the prospects of a bullish run remain strong and the overheard resistance is overcome. “I will remain cautious until that overhead resistance is convincingly breached. If it is I’m happy to go long but until then shorts are favored with close stop losses,” Dixon stated. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from: Invezz

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