XRP (XRP): Predicted Major Price Surges in 2024 Could Revolutionize Crypto Market

XRP

XRP/USDT

$2.0702
-0.54%
24h Volume

$1,597,650,830.13

24h H/L

$2.1086 / $2.04

Change: $0.0686 (3.36%)

Long/Short
76.0%
Long: 76.0%Short: 24.0%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$2.072

0.87%

Volume (24h): -

Resistance Levels

Resistance 3$2.2261
Resistance 2$2.15
Resistance 1$2.0722
Price$2.072
Support 1$2.0506
Support 2$1.9405
Support 3$1.8123
Pivot (PP):$2.0724
Trend:Uptrend
RSI (14):52.5
Author
(09:55 AM UTC)
2 min read

Contents

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  • JackTheRippler, a well-known crypto analyst, predicts 2024 to be a pivotal year for XRP, with potential to reach new all-time highs.
  • Four key events are expected to drive this surge: Ripple-SEC lawsuit’s final judgment, XRP’s integration with banks, Ripple’s IPO, and the launch of XRP ETFs.
  • Despite a recent downward trend, XRP’s price has seen a marginal surge, boosting optimism within the crypto community.

Renowned crypto analyst JackTheRippler anticipates 2024 to be a transformative year for XRP, driven by four major events, potentially leading to new all-time highs.

2024: A Game-Changing Year for XRP

JackTheRippler, a prominent figure in the crypto community, has recently suggested a potential surge in XRP. He believes that 2024 will be a significant year for XRP holders, with four major events that could drive the cryptocurrency to new all-time highs. Despite a downward trend over the past month, a recent marginal surge in XRP’s price has sparked optimism within the community.

Four Key Events Driving XRP’s Potential Surge

According to JackTheRippler, the anticipated all-time high for XRP is “just a matter of time.” He cites four key events that could trigger massive surges: the final judgment in the Ripple-SEC lawsuit, XRP’s integration with banks, Ripple’s IPO, and the launch of XRP ETFs. The long-standing Ripple-SEC lawsuit is reportedly nearing its final judgment, with both parties having filed their briefs and awaiting the final verdict. Meanwhile, the adoption of XRP by banks, signaled by Ripple’s recent collaboration with HSBC, hints at wider acceptance of XRP and XRP Ledger (XRPL).

Ripple’s IPO and XRP ETFs: Additional Catalysts

Another anticipated event is Ripple’s Initial Public Offering (IPO). Despite a signaled delay by Ripple CEO Brad Garlinghouse, JackTheRippler remains optimistic about its imminent launch. Furthermore, the potential launch of XRP exchange-traded funds (ETFs) is seen as a positive factor that could propel XRP to new highs. Another prominent figure in the XRP community, KingXRP, has projected price appreciations in line with these key developments, predicting a hike to $18.57 following the lawsuit settlement and a surge to $257.21 with more bank integrations.

Conclusion

In conclusion, 2024 is shaping up to be a pivotal year for XRP, with several key events potentially driving the cryptocurrency to new all-time highs. While the market remains volatile, the optimism within the XRP community is palpable, and the coming years will undoubtedly be crucial for the digital asset’s trajectory.

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