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TL;DR<\/strong><\/p>\n Ripple\u2019s native token \u2013 XRP \u2013 recently crossed the $0.56 mark and seems to be on a bullish path that could take the asset even higher in the near future.\u00a0<\/span><\/p>\n According to the popular cryptocurrency analyst using the X (Twitter) handle Dark Defender, the coin\u2019s valuation might surge to approximately $0.66 at the beginning of November.\u00a0<\/span><\/p>\n \u201cXRP formed a Bull Flag Pattern, and this structure touches precisely our target at $0.66,\u201d they\u00a0<\/span>suggested<\/span><\/a>.<\/span><\/p>\n<\/blockquote>\n Other analysts have not been so modest, envisioning the asset\u2019s price to explode to astronomical levels. For example, X user CryptoBull\u00a0<\/span>predicted<\/span><\/a>\u00a0that XRP could skyrocket to $220 in the next bull run based on its performance during previous rallies.\u00a0<\/span><\/p>\n It is worth noting that the surge seems quite unlikely, considering the fact that the token\u2019s market capitalization should jump above $100 trillion for this to happen. In comparison, the entire market cap of the industry stood at around $3 trillion in 2021 when BTC charted an ATH of almost $70K.<\/span><\/p>\n Two of the most heavily discussed cryptocurrencies \u2013 Ripple (XRP) and Bitcoin (BTC) \u2013 have gathered much of the community\u2019s attention lately due to their notable price increases in the past few weeks.\u00a0<\/span><\/p>\n Some XRP proponents have raised hopes that next year could be quite positive, assuming the company behind the asset manages to score a decisive win in the legal battle against the SEC.<\/span><\/p>\n\n
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Where is XRP Headed?<\/h2>\n
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Can XRP Outperform BTC in 2024?<\/span><\/h2>\n