Thursday, July 31, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Ripple (XRP): Weekend Price Prediction

Simon Osuji by Simon Osuji
August 10, 2024
in Business
0
Ripple (XRP): Weekend Price Prediction
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

XRP has recently won its case against the US SEC. With Ripple securing a massive win against the US SEC, the crypto market is rejoining the collective success, delivering stable gains in return. At press time, XRP is trading at $0.5996, up 0.9% in the last 24 hours.

With the legal hurdles now sorted, XRP enthusiasts hope the token will carve its independent price path. Crossing Ripple’s $0.65 price barrier would entail significant relief, compelling the coin to climb to new price highs. Will XRP be able to cross past the critical juncture?

Also Read: Ripple Gears Up To Launch RLUSD, Will It Help XRP Surge To $1?

Ripple’s Celebrated SEC Win

It’s been quite a week for Ripple XRP, as the token was recently liberated from the 4-year legal spat it was embroiled in with the US SEC. The court’s ruling finally supports Ripple, declaring that the token is officially not a security.

Market Reaction to the SEC Win

This development ushered in a wave of change in the crypto market, bringing significant gains for the collective altcoin market. According to Santiment, the market is recovering, as XRP’s win is celebrated across all fronts.

“The most volatile week crypto has seen since the FTX collapse two years ago, markets are ending it with a celebratory bang. XRP’s bullish reaction to its lawsuit has led to price gains, while BTC and ETH continue punishing the Monday and Tuesday bottom sellers.👍”

📈 In the most volatile week crypto has seen since the FTX collapse two years ago, markets are ending it with a celebratory bang. XRP’s bullish reaction to its lawsuit has led price gains, while BTC and ETH continue punishing the Monday & Tuesday bottom sellers.👍 pic.twitter.com/k6aYI93m0C

— Santiment (@santimentfeed) August 8, 2024

XRP’s Future Price Path

Now that the token is free from the SEC’s rulings, XRP can carve its price path. According to CoinCodex, the token can encounter severe resistance at certain price levels. This means XRP may have difficulty crossing specific price barriers due to low technical support. However, it can break into a stunning bullish streak once it crosses such price barriers.

“Based on today’s classical pivot point (P1) with a value of $0.578636, XRP has support levels of $0.521687, $0.439374, and the strongest at $0.382425. Similarly, XRP resistance levels are at $ 0.660949, $ 0.717897, and $ 0.80021.”

🌟 Big news! Ripple’s new partnership with DIFC Innovation Hub is set to supercharge blockchain innovation in the UAE. 🚀 With 1 billion XRP committed, expect exciting advancements and a boost for global developers. 💡 The UAE is rising as a fintech powerhouse! 🌐… pic.twitter.com/LuWMwKRxdk

— Collin Brown (@CollinBrownXRP) August 7, 2024

With its current price of $0.59, XRP needs a solid push to enter the $0.65 club. With Ripple forging global collaborations and partnerships and preparing for the RLUSD launch, the token may soon explore a bullish price path.

XRP Price Prediction for the Weekend

coincodex XRP price predictioncoincodex XRP price prediction

According to CoinCodex, XRP may soon explore a new price threshold of $0.79 by August 11, 2024. However, it may quickly stabilize at the $0,72 price level by August 15.

“The XRP price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these XRP projections, XRP will be changing hands at $0.724839 on August 15, 2024, gaining 18.52% in the process.”

By the end of the month, the token can surge by 20% to hit the $0.73 price mark.

“The price of XRP is predicted to rise to $0.739266 by September 7, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 20 (extreme fear). XRP recorded 19/30 (63%) green days with 10.37% price volatility over the last 30 days.”

Related posts

These Are The Top Ethereum Holding Public Companies

These Are The Top Ethereum Holding Public Companies

July 31, 2025
Why Kenya’s Youth Must Lead the National Rebirth

Why Kenya’s Youth Must Lead the National Rebirth

July 30, 2025

Source link

Previous Post

South African CEO competing in multi-billion dollar pet food industry

Next Post

“Immersive Hong Kong” roving exhibition opens in Guangzhou

Next Post
“Immersive Hong Kong” roving exhibition opens in Guangzhou

"Immersive Hong Kong" roving exhibition opens in Guangzhou

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Infrastructure Maintenance For December Period To Enhance Rand Water Overall System Efficiency

Infrastructure Maintenance For December Period To Enhance Rand Water Overall System Efficiency

8 months ago
Elon Musk Net Worth Hits $300B as Tesla Passes $1T Market Cap

Elon Musk Net Worth Hits $300B as Tesla Passes $1T Market Cap

9 months ago
These Are the Best States to Start a Small Business: Study

These Are the Best States to Start a Small Business: Study

9 months ago
Alibaba Cloud overhauls AI partner initiative

Alibaba Cloud overhauls AI partner initiative

8 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.