Ripple XRP Price Prediction: New Year 2024

Ripple’s XRP token has seen a significant rise in its price this year. Since January 2023, the asset has surged by over 80%. However, the popular cryptocurrency remains overshadowed by others, such as Solana (SOL), which grew by over 1000%, and Bitcoin (BTC), which rallied by nearly 160% in the same time frame.

Also Read: Ripple XRP Forecasted To Surpass its ATH of $3.40, Here is When

XRP saw a massive spike in its price, reaching $0.82 after a US district court ruled that Ripple selling the token to retail clients did not breach securities law. However, the US SEC (Securities and Exchange Commission) has taken the lawsuit to the high court. There is a possibility that the high court will rule similarly to the district court. However, XRP’s price has stagnated over its legal unclarity. The asset has yet to reclaim its July 2023 levels and is since down almost 24%.

Ripple XRP price prediction for New Year 2024

XRP
Source – The Coin Republic

According to Changelly, Ripple’s XRP token could reach a price of $0.73 on Dec. 31, 2023, an increase of about 17.7% from current levels. However, the platform predicts the token’s price to drop to $0.72 on Jan. 1, 2024. Nonetheless, Changelly anticipates XRP to gain momentum in the first week of January, hitting $0.82 on Jan. 7, 2024, a price increase of about 32% from current levels.

Also Read: Ripple: Here is Why XRP Could Hit an All-Time High in 2024

Source: CoinCodex

CoinCodex also paints a bullish picture for XRP on New Year’s Eve. According to the platform, Ripple’s XRP token could hit $0.81 on Dec. 31, 2024, a price increase of about 30% from current levels. However, CoinCodex anticipates XRP’s price to drop in January 2024. The platform predicts the token will fall below $0.70 by the end of January next year.

  • Ripple
  • xrp

Comments

Post a Comment

Popular posts from this blog

Bitcoin Cash Price Prediction for Today, February 11 – BCH Technical Analysis

Image
The Bitcoin Cash price prediction adds a tremendous 7.35% gain, and the coin touches the resistance level of $277.46. Bitcoin Cash (BCH) Trades Bullishly After Facing Challenges Bitcoin Cash (BCH) has encountered difficulties in upholding its price consistency, fluctuating within the $234 to $235 range throughout the past week, experiencing a modest uptick of 0.2%. Nevertheless, Bitcoin Cash (BCH) is showing signs of relief, maintaining a range between $246 and $277 respectively. Bitcoin Cash Prediction Statistics Data: Bitcoin Cash price now – $266.0 Bitcoin Cash market cap – $5.28 billion Bitcoin Cash circulating supply – 19.6 million Bitcoin Cash total supply – 19.6 million Bitcoin Cash Coinmarketcap ranking – #20 BCH/USD Market Key Levels: Resistance levels: $300, $320, $340 Support levels: $220, $200, $180 BCHUSD – Daily Chart BCH/USD is fetching a decent hike in the last 24 hours, which takes the coin toward the resistance level of $280 level. The Bitcoin Cash pri
Read more

C+Charge Carbon Credit Crypto Project Approved by Leading Auditing Firm – Raises $360,000 in Presale

Image
Source: SolidProof Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. C+Charge has passed a security audit conducted by Germany-based blockchain auditor SolidProof, which examined its core smart contracts and found no issues at all. Its publication comes just as the BNB Chain-based carbon credit platform marks raising $370,000 in its ongoing token sale, indicating the growing market interest in its plans to create a blockchain-based network of EV-charging stations. Offering CCHG at a price of $0.013, the presale aims to raise $2,080,000 and is due to end on March 31, when the altcoin will receive its first exchange listings. This will also potentially be the time when early CCHG investors make a market-beating profit, with C+Charge having some of the strongest fundamentals of any new project in the ecosystem. C+Charge Carbon Credit Crypto Project Approved by Leading Auditi
Read more

Bitcoin 5-Week Bullish Streak Falters; Can CPI Data Perform Wonders?

Bitcoin saw a notable five-week surge, lifting its value by nearly 40%, only to face a bearish downturn and consolidate around $36k. The excitement surrounding a potential spot ETF diminishes as Bitcoin fails to surpass $37k. Investors now focus on the upcoming CPI data release as a crucial market influencer. Following a robust five-week ascent, propelling its value by nearly 40%, Bitcoin (BTC) has encountered a period of consolidation in the $37,000 range. The digital asset appears unable to sustain the bullish rally, with its price now around $36,000 after largely bearish trading in the past 24 hours. With the excitement surrounding the potential approval of a Bitcoin spot ETF dwindling, investors may shift their focus to Tuesday’s Consumer Price Index (CPI) as a potential catalyst for renewed bullish momentum. Specifically, the U.S. Bureau of Labor Statistics (BLS) is expected to release the CPI data today at 08:00 a.m. local time. Financial experts an
Read more