{"id":223717,"date":"2024-01-04T22:41:39","date_gmt":"2024-01-04T17:11:39","guid":{"rendered":"https:\/\/dripp.zone\/news\/from-lawsuit-to-launchpad-can-xrp-takeoff-in-2024-crypto-news\/"},"modified":"2024-01-04T22:41:42","modified_gmt":"2024-01-04T17:11:42","slug":"from-lawsuit-to-launchpad-can-xrp-takeoff-in-2024-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/from-lawsuit-to-launchpad-can-xrp-takeoff-in-2024-crypto-news\/","title":{"rendered":"From Lawsuit to Launchpad, Can XRP Takeoff In 2024? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-172301\">\n<p>\nXRP price prediction: Analyst predicts XRP&#8217;s surge amidst legal challenges and Ripple&#8217;s strategic advancements in 2024.\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1182\" height=\"600\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-1-e1704384958411.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"XRP prediction prediction\" decoding=\"async\" fetchpriority=\"high\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">  Published 20 mins ago <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">XRP price prediction as the token emerges as a significant player, showcasing resilience and potential growth in 2024. The international money remittance token is currently at $0.5786 despite recent fluctuations, marking a notable 1.23% increase over the past 24 hours. This movement reflects a rebound from the previous day\u2019s downtrend, where Ripple dipped to $0.53 from $0.64.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<figure id=\"attachment_172304\" aria-describedby=\"caption-attachment-172304\" style=\"width: 1224px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-172304\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Source: Tradingview\" width=\"1224\" height=\"621\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-1224x621.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-150x76.png 150w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP.png 1515w\" data-lazy-sizes=\"(max-width: 1224px) 100vw, 1224px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-1224x621.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-172304\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-1224x621.png\" alt=\"Source: Tradingview\" width=\"1224\" height=\"621\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-1224x621.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP-150x76.png 150w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRP.png 1515w\" sizes=\"auto, (max-width: 1224px) 100vw, 1224px\"\/><\/noscript><figcaption id=\"caption-attachment-172304\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Despite this volatility, the community surrounding Ripple is still upbeat. XRP is presently valued at over $31 billion, placing it sixth in terms of market capitalization, according to <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\"><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400;\">. In the past 24 hours, XRP\u2019s trading volume has increased by a staggering 20% to reach over $2.53 billion.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Ripple Price Strategic Moves and Potential Impact<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Myles G Investments, a renowned analyst, has <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=NWpHwjHLfq8&#038;t=4s\"><span style=\"font-weight: 400;\">highlighted<\/span><\/a><span style=\"font-weight: 400;\"> Ripple as the crypto market\u2019s beacon for 2024. Predictions of an unprecedented price range between $3 to $7 hinge on XRP\u2019s breakthrough from a six-year downtrend.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The technical analysis supporting the analyst\u2019s estimates suggests a similar rapid growth trajectory to XRP\u2019s historic 2017 surge. The future of Ripple is bright, with the possibility of significant gains and transformation, even as Ripple gets ready to navigate through its legal and financial milestones.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ripple\u2019s proactive approach, particularly in planning an Initial Public Offering (IPO) amidst legal challenges with the U.S. Securities and Exchange Commission (SEC), signals a robust future for Ripple. This potential outcome is expected to reshape the global payment landscape, with Ripple at the forefront of championing central bank digital currencies and replacing outdated banking systems.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400;\">Read also: <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/xrp-lawyer-john-deaton-suspects-a-possible-sec-rug-pull-ahead-of-spot-btc-etf-approval\/\"><span style=\"font-weight: 400;\">XRP Lawyer John Deaton Flags SEC Rug Pull Ahead of Bitcoin ETF Approval<\/span><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">XRP Technical Indicators and Price Movements<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A recent analysis by CryptoWzrd on X (formerly Twitter) draws attention to XRP\u2019s potential for forming a bullish hammer, indicating a possible strong rebound. However, this rebound faces potential setbacks from external factors, including adverse SEC news related to exchange-traded funds (ETFs).\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">XRP Daily Technical Outlook:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XRP<\/a> can be called a bullish hammer if we get a bullish Daily candle tomorrow. XRPBTC should take more control soon. I expect a volatile day tomorrow and my focus will be on the intraday chart to get a trade \ud83d\ude08 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AutD1N4Vf5\">pic.twitter.com\/AutD1N4Vf5<\/a><\/p>\n<p>\u2014 CRYPTOWZRD (@cryptoWZRD_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cryptoWZRD_\/status\/1742734402516336840?ref_src=twsrc%5Etfw\">January 4, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The crypto market saw a significant disturbance yesterday, coinciding with CryptoWzrd\u2019s predictions. Following the disturbance, Ripple dropped to almost hit the $0.50 low from October 2023, while <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-price-prediction-for-2024-by-s2f-model-creator-planb\/\"><span style=\"font-weight: 400;\">Bitcoin<\/span><\/a><span style=\"font-weight: 400;\"> (BTC) plummeted to around $40,000. On the daily chart, XRP is trading below the 50 Smooth Moving Average (SMA) and the 100-SMA, which are at $0.6205 and $0.5909, respectively, indicating a bearish trend in the short to medium term. <\/span><\/p>\n<figure id=\"attachment_172303\" aria-describedby=\"caption-attachment-172303\" style=\"width: 1154px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172303\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"XRP\/USD 4-hour price chart, Source: Tradingview\" width=\"1154\" height=\"751\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-300x195.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-768x500.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-150x98.png 150w\" data-lazy-sizes=\"(max-width: 1154px) 100vw, 1154px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-172303\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06.png\" alt=\"XRP\/USD 4-hour price chart, Source: Tradingview\" width=\"1154\" height=\"751\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-300x195.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-768x500.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/XRPUSD_2024-01-04_18-51-06-150x98.png 150w\" sizes=\"auto, (max-width: 1154px) 100vw, 1154px\"\/><\/noscript><figcaption id=\"caption-attachment-172303\" class=\"wp-caption-text\">XRP\/USD 4-hour price chart, Source: Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The daily Relative Strength Index (RSI) line remains neutral below the 50 level, suggesting a lack of strong bullish momentum. The Moving Average Convergence Divergence (MACD) indicator also aligns with this, maintaining a bearish outlook after the recent crossover. A critical observation is the SMA 20 line at $3.46, whose breach could signal a potential downtrend.\u00a0<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400;\">In contrast, the current positioning of the 20-EMA above the 50-EMA at $0.6179 suggests a bullish trend.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Read Also\u00a0<\/span><\/h3>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.72.1\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" type=\"text\/css\" media=\"1\"\/><link data-minify=\"1\" rel=\"stylesheet\" id=\"parent-style-css\" 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Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price prediction: Analyst predicts XRP&#8217;s surge amidst legal challenges and Ripple&#8217;s strategic advancements in 2024. Published 20 mins ago XRP price prediction as the token emerges as a significant player, showcasing resilience and potential growth in 2024. The international money remittance token is currently at $0.5786 despite recent fluctuations, marking a notable 1.23% increase [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":223718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-223717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/223717","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=223717"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/223717\/revisions"}],"predecessor-version":[{"id":223719,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/223717\/revisions\/223719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/223718"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=223717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=223717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=223717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}