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-0.0082 (-1.55%)
12:39:47 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Ripple XRPUSD Crypto 28,343,191,916 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  -0.0082 -1.55% 0.5193 0.5192 0.5194
High Price Low Price Open Price Prev. Close 52 Week Range
0.5307 0.5151 0.5278 0.5275 0.399480 - 0.950000
Exchange Last Trade Size Trade Price Currency
GDAX 12:39:46 1,192.14 0.5195 USD
Price x Volume Volume Base Symbol Related Pairs
16,537,371.09 31,549,591.82 XRP XRPEUR XRPGBP XRPBTC

XRP Refuses To Back Down As Crypto Analyst Identifies When Price Will Rally To $2

20/02/2024 5:00pm


Several analysts continue to make bullish predictions for the XRP token despite its lacklustre price action. This time, crypto analyst Dark Defender has identified emerging patterns that suggest that XRP could rise to $2 soon.  The XRP Bull Run Is Here Dark Defender mentioned in an X (formerly Twitter) post that the RSI (Relative Strength Index) for the XRP/BTC pair in the weekly time frame “stands in the same place as it did before the 2017 and 2021 XRP bull runs.” Going by the RSI indicator, he affirmed that the 2024 bull run is already here.  Related Reading: Finance Expert Predicts Bitcoin Will Touch $100,000 Soon, Here’s When Source: X From the accompanying chart which he shared, XRP hitting $2 looks to be just the starting point as the crypto token could still rise to as high as $12. This is also a possibility, considering that bull runs are known to bring new all-time highs (ATH) for different crypto tokens. XRP’s ATH currently stands at $3.84, a milestone it hit at the peak of the 2017 bull run.  XRP’s failure to surpass its ATH in the last bull run is believed to have been due to the regulatory uncertainty which handicapped the crypto token. However, having achieved regulatory clarity, XRP is projected to make a significant run this time around.  Interestingly, analysts like CryptoInsightUK have hinted at the token replicating a similar price surge to the one which occurred in 2017, when it saw a price gain of 61,000%. That price surge in 2017 is also serving as the basis for crypto analyst Egrag Crypto’s prediction that XRP could rise to as high as $27 in the next bull run.  XRP’s Road To $27 Crypto analyst Egrag Crypto recently gave an update on XRP’s current price action and further revealed how the crypto token will rise to $27. Firstly, he noted that a bullish pattern had emerged, with XRP achieving multiple daily closes above FSRF (Fibonacci Speed Resistance Fan) 0.5, a level believed to represent significant support for the crypto token.  Related Reading: Bitcoin Spot ETFs: Issuers Set New Record As Weekly Inflows Cross $2.2 Billion With XRP holding above this level, the analyst hinted that it could rise to almost $2 soon. Once that happens, Egrag expects XRP to continue the upward trend and eventually breach the $2 resistance area. He predicts that FOMO (fear of missing out) will kick in once XRP rises above $2, something which Egrag believes will propel the crypto token towards the $27 price target.  At the time of writing, XRP is trading at around $0.56, up over 1% in the last 24 hours, according to data from CoinMarketCap.  Price recovers from dips | Source: XRPUSD on Featured image from CoinGape, chart from

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