{"id":176452,"date":"2023-10-18T14:06:52","date_gmt":"2023-10-18T08:36:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176452"},"modified":"2023-10-18T14:06:52","modified_gmt":"2023-10-18T08:36:52","slug":"is-now-a-good-time-to-buy-xrp-a-closer-look-at-the-ripple-price-analysis-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-now-a-good-time-to-buy-xrp-a-closer-look-at-the-ripple-price-analysis-crypto-news\/","title":{"rendered":"Is Now a Good Time to Buy XRP? A Closer Look at the Ripple Price (Analysis) &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Ripple is progressing in its case against the SEC, fostering optimism about XRP\u2019s price.<\/li>\n<li>Based on the \u201cElliott Wave Theory,\u201d XRP might reach $27 by Q4 2025, experiencing significant volatility along the way.<\/li>\n<li>Achieving $27 would require XRP\u2019s market cap to be around $1.5 trillion, a lofty increase from past levels.<\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2023\/10\/JohnDeatonSEC-1.jpg\" data-wpel-link=\"internal\"><\/a><\/p>\n<h2>\u2018XRP has the Potential to Reach $27\u2019<\/h2>\n<p>Ripple\u2019s march towards a possible decisive court victory against the US Securities and Exchange Commission (SEC), the numerous developments surrounding the blockchain enterprise, and the enhanced volatility of XRP have given bulls hopes that the asset\u2019s price could rise significantly in the near future.<\/p>\n<p>Numerous analysts have laid out plenty of forecasts lately, with some envisioning mild increases and others predicting spectacular spikes. The most recent wild bet came from the X (Twitter) user EGRAG CRYPTO, who <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/egragcrypto\/status\/1713836309037371882?s=20\" data-wpel-link=\"external\">assumed<\/a> that the community might witness XRP trading at a whopping $27 in less than three years.<\/p>\n<p>The prognosis is based on the so-called \u201cElliott Wave Theory,\u201d which has five progressive cycles. EGRAG CRYPTO suggested that \u201cWave 3\u201d could be a \u201cgame-changer,\u201d assuming XRP manages to enter that phase.<\/p>\n<blockquote>\n<p>\u201cWave 3 emerges as the trend\u2019s dominant force, eclipsing other waves in size and influence. Wave 3 often extends Wave 1 by a ratio of approximately 1.618, painting a promising picture for XRP\u2019s future,\u201d they explained.<\/p>\n<\/blockquote>\n<p>However, the analyst reminded that Ripple\u2019s native token is still within the initial phase, known as \u201cWave 1,\u201d and entering the bullish mode could happen at the beginning of 2024. The valuation then might pass through enhanced volatility by spiking towards $10 and then plunging to as low as $1.50. Eventually, it could blast towards the $27 level in Q4 2025.<\/p>\n<p>As such, EGRAG CRYPTO argued that investing in the coin as of the moment (when the price is less than $0.50) \u201cmight just be the wisest move for generations to come.\u201d<\/p>\n<h2>What are the Real Chances?<\/h2>\n<p>It is worth noting that such a price tag seems a bit unrealistic, considering the fact that XRP\u2019s market capitalization should jump to approximately $1.5 trillion for this to happen. Recall that the market cap of the entire cryptocurrency industry was around $3 trillion during the bull run in 2021 when Bitcoin (BTC) soared to an ATH of almost $70,000.<\/p>\n<p>Those willing to find out what XRP\u2019s possible deviation in the short term might be could take a look at our latest video below:<\/p>\n<p><iframe loading=\"lazy\" title=\"Ripple XRP Q4 UPDATE! Is This The Market Turning Point? (Price Prediction)\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/japu5zwWP0U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ripple is progressing in its case against the SEC, fostering optimism about XRP\u2019s price. Based on the \u201cElliott Wave Theory,\u201d XRP might reach $27 by Q4 2025, experiencing significant volatility along the way. Achieving $27 would require XRP\u2019s market cap to be around $1.5 trillion, a lofty increase from past levels. \u2018XRP has the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":176453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-176452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=176452"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176452\/revisions"}],"predecessor-version":[{"id":176455,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176452\/revisions\/176455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/176453"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}