Analyst Predicts XRP Price Peak in December 2024, 228 Days Post-Halving; Foresees Possible Supercycle with Three Major Surges

Quick Summary:

Historically, XRP tends to experience a significant breakout approximately 228 days after a Bitcoin halving.

He explained the importance of not getting stuck with assets when a market downturn happens, which is inevitable since what goes up must come down.This cycle is crucial.

These accounts, which hold large sums of money for international banking, could require XRP to be valued at this level to support the trillions of dollars in transactions.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: Crypto news Ripple (XRP) Price Analysis News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 06:55:55 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 33 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22204285

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