After months of impressive gains, XRP is now standing at a make-or-break moment. Will it surge toward new heights or stumble into a pullback?
Prominent trader Credible Crypto believes XRP’s fate hinges on Bitcoin’s next move, with both assets hovering near key price levels. Adding to the buzz, speculation is heating up that XRP could revisit its all-time high (ATH) of $3.38 far sooner than expected.
With XRP’s performance outshining even Bitcoin and Ethereum, the stakes have never been higher. What’s next for this powerhouse token? Let’s dive into the key trends and predictions.
XRP has been on a remarkable run, with its price surging 90% over the past 90 days. This rally far exceeds Bitcoin’s 51% growth and Ethereum’s 20% gain during the same period. Many analysts believe this momentum signals a shift in the market, with XRP potentially outshining its rivals in the coming months.
Credible Crypto predicts XRP could surpass $2 if it holds steady in its current range. However, this depends on Bitcoin remaining above $94,000. If Bitcoin stays strong, XRP is likely to maintain its support above $1.10 and move toward new highs.
If Bitcoin dips below $94,000, however, XRP could lose its footing and fall below the $1.10 support. This would complete XRP’s first major Wave 1, which saw its price climb from $0.48 to a recent high of $1.62.
Such a drop might trigger a deeper pullback, potentially creating a prime buying opportunity for investors.
Should XRP slip below $1.10, Credible Crypto sees a chance for investors to accumulate the token within the range of $0.48 to just under $1.10. Alternatively, if XRP avoids a major dip and extends into a fifth wave of growth, the trader believes it could hold above $1 permanently, marking a new phase of bullish momentum.
As of now, XRP is trading at $1.43, reflecting a 27% rise over the past week. Its market capitalization has climbed to $82.1 billion, further boosting its status as a key player in the crypto market.
With its next move closely tied to Bitcoin’s trajectory, XRP’s future remains a hot topic among traders and investors. Will it rally toward new highs or retreat? All eyes are on its next steps.
XRP might reach a high of $2.49 or an average of $1.73.
XRP could be a strong buy if it maintains support above $1.10, but its future depends on Bitcoin’s price movement.
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