đŽ$XRP to Soon Reach $1 đŽ
XRP Price Predictions: Bullish Momentum Ahead?
XRP traded sideways this week, hovering around $0.60. Despite the slow price action, this area could serve as a foundation for future price increases. The SEC rescheduled its closed-door meeting to July 25, 2024, sparking rumors of a settlement with Ripple. Analysts see this as bullish momentum, especially after XRPâs price jumped from $0.40 to $0.60 this month.
Crypto analyst JAVONMARKS predicts a massive bullish breakout for XRP, potentially leading to a 41,400% run and pushing the price to $1503. Another analyst, Armando Pantoja, foresees XRP reaching $8+ if it breaks the $0.70-$0.75
resistance, citing significant accumulation since June.
Rippleâs strong community support also contributes to positive sentiment around XRP.
A more realistic approach suggests XRP could reach over $1 if the SEC meeting yields positive news. Conversely, unfavorable news might see the price revisit the $0.40-$0.50 range
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