Crypto Giant Predicts XRP Surge to $29 ! How Likely Is It ?
Is XRP poised for a meteoric rise? A crypto industry giant predicts a $29 price in the coming years. Explore trends, technical signals, and factors driving Ripple towards new highs.
XRP Faces Crucial Test Before Potential Breakout
Currently, the XRP price remains in a mostly neutral trend, oscillating between support and resistance levels. There is a lack of clear bullish or bearish momentum, with short price movements in both directions. This sideways phase is expected to continue until a strong breakout signal emerges.
In the short term, Ripple’s token faces resistance around $2.50 and $2.56. If it manages to break these levels, a higher resistance zone lies between $2.65 and $2.80. Meanwhile, a potential pullback could test supports between $2.24 and $2.30, then $1.95 and $2.05 in case of a breakdown.
Contrasting Perspectives by Bitwise by 2030
The crypto fund manager Bitwise envisions two diametrically opposed scenarios for XRP by the year 2030.
Source: CoinGecko
Bullish Scenario: XRP could reach $29.32 if it gains significant traction in the payments and tokenization markets. Its market cap could then exceed $2.9 trillion, surpassing even that of Microsoft.
Intermediate Scenario: In a more moderate scenario, XRP could rise to $12.70 by 2030 if it experiences steady growth, despite challenges in payments and tokenization.
Bearish Scenario: Conversely, if XRP struggles to gain adoption and institutional support, its price could plummet to only $0.13 in the worst-case scenario.
XRP on Weex : A Good Choice to Ride the Next Surge ?
While Ripple has secured a victory against the SEC, XRP has not fully capitalized on this momentum. Bitwise analysts foresee a highly varied future for the cryptocurrency, ranging from a bullish scenario at $29.32 to a bearish scenario at only $0.13 by 2030.
Short-term dynamics remain neutral, with key resistances and supports to monitor. XRP will need to prove its ability to establish itself sustainably in the payments and tokenization markets to realize the most optimistic scenario. Investors remain cautious about the uncertain future of this cryptocurrency. How can you anticipate an XRP surge and invest today? Simply do it with Weex, in a few steps:
- Create a Weex account by signing up in a few minutes.
- Deposit funds, via credit card, bank transfer, or crypto transfer.
- Access the market and search for the XRP/USDT pair.
- Finalize the purchase and find the BTC tokens in your account.
Before any investment, it is always recommended to thoroughly research the market conditions and the risks involved. Above all, never invest more than you can afford to lose.
Hugo Le follézou
Passionate about the crypto world, he explores the blockchain ecosystem to extract the most essential insights. With his expertise in SEO and web writing, he transforms news and technical analysis into clear, engaging, and impactful content. His goal? To help investors better understand the opportunities and challenges of the crypto market.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
This article is for informational purposes only and should not be considered as investment advice. Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
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