XRP: The big rally is coming – push to 4.50 USD as early as Monday?
The crypto market is moving in a field of tension that could escalate in the coming days. While Bitcoin is in the spotlight due to the expiration of options, investors' attention is increasingly turning to XRP, Ripple's cryptocurrency. The signs of an impending massive rally are increasing - with price targets ranging from USD 2.95 to USD 4.50. But when will it start? And what is behind this hype?
Monday, December 30, 2024: The starting signal for XRP?
Analysts agree: The decisive movements in XRP could begin on Monday, December 30, 2024. The crypto market has calmed down after the Bitcoin options expired, and many of the speculative positions have disappeared from the market. This means that the stage is clear for organic price developments.
On-chain data and technical indicators show that XRP is on the verge of a massive push. The first target area is between $2.95 and $3.20, and the move could start as early as Monday. Investors should prepare for increased volatility, as this phase could be the start of one of the biggest XRP rallies in years.
Why now? Three reasons for the XRP push
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1. The introduction of the stablecoin RLUSD: A game changer
Ripple recently launched the stablecoin RLUSD, which is fully backed by US dollars and issued on both the XRP Ledger and Ethereum blockchain. This development could revolutionize Ripple's ecosystem. Stablecoins like RLUSD create stability and trust, and every transaction using the XRP Ledger increases the demand for XRP as fuel.
This move will not only boost the adoption of the XRP Ledger but also lay the foundation for further innovation in the DeFi and payments sector. The launch of RLUSD could be a catalyst for institutional investors who are now taking notice of XRP.
2. Regulatory clarity after the Ripple-SEC litigation
After years of uncertainty, Ripple has won a significant partial victory against the SEC. This has not only increased confidence in XRP, but also paved the way for institutional investors to trade XRP without legal concerns. The prospect of further regulatory clarity in 2025 provides additional optimism.
Regulatory security is a crucial factor for large investors, and XRP has gained a clear advantage over other cryptocurrencies in recent months. The increasing transactions by institutional players on the XRP blockchain speak for themselves.
3. Technical Analysis: The rocket has been ignited
Technical indicators show an impressive market structure for XRP. The current resistance is at $2.95-$3.20, and analysts are optimistic that this level will be breached in the coming days.
After the initial push, many expect a short correction to around $2.60. But that would only be a respite before XRP makes the next big move - with a price target of $4.50. This target is based on long-term chart patterns and XRP's growing market strength.
Schedule: How could the rally go?
Monday, December 30, 2024:First push into the $2.95-3.20 range. The market is showing strength and volatility is increasing.
End of the week:After reaching the resistance, a correction to around $2.60 follows. This movement is considered healthy and necessary to create the basis for the next phase.
January 2025: The big move begins. XRP could quickly target the $4.50 mark, reaching a new milestone.
....To be continued (10-30$) Q1
Strategy for investors: Get in now or wait?
The current market phase offers a unique opportunity. Investors who are already invested could benefit from the push to $2.95-3.20. For follow-up purchases, the expected correction to $2.60 could be a perfect opportunity before XRP makes its final jump.
Still, investors should exercise caution. The crypto market remains volatile, and it is important to only invest amounts that you are willing to lose. The prospect of a massive rally is real, but risks are always part of it.
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Conclusion: The first big pull is imminent
Next week could catapult XRP into a whole new league. With the launch of RLUSD, regulatory progress, and a solid technical base, all the ingredients are in place for a massive rally. The push to $2.95-3.20 is just the beginning, followed by a brief consolidation and a rapid rise to $4.50.
The stage is set - now it's time to watch and be prepared. XRP is entering one of its most exciting phases, and the next steps could be crucial. Monday, December 30, 2024, could be the starting signal for one of the biggest moves in the crypto market. Be there, the rocket is taking off! 🚀
