Ripple XRP Price Prediction: Is Solana The Next After BNB?

30-11-2024 By: Lokesh Gupta
Ripple XRP Price Prediction: Is Solana The Next After BNB?

XRP Price Prediction: What’s Ahead for XRP Price After Surpassing BNB?

On November 5, XRP was trading at $0.5020 By November 16, it had surged to $1.2700, marking a significant gain in just over a week.

Another major catalyst was the resignation announcement of SEC Chair Gary Gensler, known for his tough stance on crypto, particularly against Ripple. Following this news on November 21, XRP jumped from $1.10700 and continued the rally.

The New York Department of Financial Services (NYDFS) is anticipated to approve Ripple Labs’ RLUSD stablecoin in the coming days.

XRP price is enjoying bullish momentum as the XRP flipped BNB to become the fifth-largest crypto by market cap.

In November, the value of XRP saw a strong upward trend, climbing by 270%. Currently, it is trading at $1.93, and it has reached its highest level in years creating a massive bullish engulfing candle.

The 4 Hour Chart, XRP price trend showcases a second bullish flag pattern breakout rally. With a streak of bullish candles giving a parabolic recovery, the XRP price is inching closer to the $2 mark.

The weekly chart of XRP shows the bulls are now poised to lift the price beyond the ATH at $3.84 before 2024 after rising above 2021 highs.

Ripple Price Prediction 2025: 

XRP’s breakout from a long-term triangle pattern signals strong bullish momentum and a shift in market sentiment, recently reaching multi-year highs. Despite possible short-term corrections due to overbought RSI, the trend remains positive. By 2025, XRP could reach $5.00 to $10.00, driven by adoption, cross-border payment utility, and improved regulatory clarity.

Ripple Price Prediction 2030:

By 2030, XRP’s uptrend and growing utility for liquidity, along with Ripple’s expanding ecosystem, could position it as a leader in blockchain financial solutions. With increased adoption and institutional interest, XRP is projected to reach $10.00 to $25.00, depending on market dynamics and broader blockchain adoption.

Also read: Major Price Prediction: What’s Fueling the $MAJOR Rally?
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