Crypto Analyst Predicts XRP Price Will Hit $1.33 ‘Pretty Fast’
2023年12月26日 - 6:00AM
NEWSBTC
The XRP community will no doubt be buoyed by this recent analysis
of an early Bitcoin investor who predicts that the XRP price could
see a swift move to the upside soon enough. The crypto analyst also
seemed to have taken a position in the crypto token in anticipation
of this upward move. XRP Price To Hit $1.33 In a video posted
on his YouTube channel, Davinci Jeremie mentioned that XRP is going
to see another pump, which will see it move to “$1.33 pretty fast.”
Once that happens, he foresees the token retracing to $1 and
consolidating there for some time. What is interesting is the fact
that Jeremie suggested that this pump will be manipulated. Related
Reading: $10 Million Worth Of Dogecoin Exit Robinhood – What This
Could Mean For Price This is interesting because of XRP’s tepid
price movement for some time now and the fact that many continue to
say that XRP’s price is suppressed. The crypto analyst further
stated that this price manipulation is what happens “every single
time.” He alluded to the fact that the XRP price always pumps out
of nowhere and without any logical explanation for such a
rally. Meanwhile, Jeremie also highlighted fundamentals that
are bullish for the XRP price. This includes Ripple’s major wins in
the regulatory environment like the victories against the
Securities and Exchange Commission (SEC). Ripple also gained major
approvals in Singapore and Dubai this year. XRP mounts
impressive rally on Christmas day | Source: XRPUSD on
Tradingview.com Bitcoin Could Be Headed To $47,000 Jeremie also
commented on Bitcoin and its future trajectory. Analyzing the
charts, he stated that he expects Bitcoin to hit $47,000 if it
stays above the support level of $43,700 but has so far failed to
happen, considering that Bitcoin is currently trading below that
price level. The crypto analyst also took a look at the Ethereum
chart and mentioned that it wasn’t bullish, considering that it
failed to stay above support levels that he considered bullish. He
further questioned the possibility of Ethereum bringing Bitcoin
down with it. However, many will feel confident in that not
happening, considering that Bitcoin has mostly led altcoins and not
the other way around. Related Reading: Google AI
Predicts When XRP Price Will Cross $5 And What Will Drive It
Meanwhile, Jeremie predicts Bitcoin will see a “Santa Claus rally”
before things possibly cool off. Historically, Bitcoin is known to
see some gains between Christmas and the new year. It remains to be
seen what impact the potential approval of a Spot Bitcoin ETF in
January could have on Bitcoin’s price. Some predict that Bitcoin’s
price will likely decline once that happens while others project
that it would further spark a surge in the crypto token’s price.
Crypto financial services firm Matrixport, in particular, stated
that Bitcoin will rise to $50,000 on the back of this
development. Featured image from Change.org, chart from
Tradingview.com
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