Could XRP Finally Hit $1? Key Factors To Consider, According To Analysts

Quick Summary:

According to him, XRP will trade between $0.43 and $0.67 until Bitcoin overcomes its $70K resistance.for people asking me when will $XRP moon or is it over, etc etc.i will repeat for the millionth time$XRP and other lagging altcoins will do NOTHING significant until $BTC breaks into price discovery it’ll range between 0.43 – 0.67 until then monthly bollinger bands continue… pic.twitter.com/GwSrwJEDI0 — Charting Guy (@ChartingGuy) October 6, 2024 Bitcoin’s Impact On XRP’s Future Bitcoin has been in a quite limited trading range and has not yet broken beyond $70,000.

Related Reading: Analyst Foresees 90% Cardano Price Drop in Next 6 Months Bollinger Band Tightening: What It Means For The Altcoin Meanwhile, XRP’s Bollinger Bands have tightened on the monthly chart.

Just accumulate coming year is very bullish! #Crypto pic.twitter.com/Dk0ARRnjE9 — THE GOAT TRADERS (@TheGoatTraders) October 6, 2024 Key Resistance Levels To Watch Even with these positive outlooks, XRP still has to break over a few significant resistance levels before a real bull run can start.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Altcoins Ripple Crypto Cryptocurrency Market News Xrp

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 08:00:07 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22976499

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