Analyzing XRP's Potential: Can It Reach $1? - page 3.

Husires

legendary

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Quote from: noormcs5 on July 19, 2023, 03:10:25 PM

For XRP to reach 1$ is not a big task and it will reach within a few weeks or days. XRP is already trading over 0.8$.
Also, note that XRP all-time high was over 3.5$ and I will not be surprised if XRP breaks its all-time high in the next bull market.

It seems that you are very optimistic, but the truth may be completely different. The chances of XRP reaching $3.5 seem very unrealistic.
It is true that the sec case gave a moral boost to investors, as it generates more demand for the currency, given that some platforms will re-list it again, but its effect has ended, and therefore the next stage is to correct the price slightly.

Bushdark

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Quote from: lighex on July 16, 2023, 01:19:04 PM

Following Ripple's legal victory against the U.S. SEC, XRP's price nearly doubled. XRP has the potential to challenge the crucial $1 level in the upcoming days.
🔥However, the current outlook suggests limited strength in sustaining its rally further.
🔥If XRP successfully breach the $1 barrier, a potential target for September could hover around $1.35

I am always surprised the way some investors analyse the market with all confidence being optimistic for things to work to there direction. Well, I don't mean XPR can not move as fast as that as you have explained but I think this is too quick for all this to happen and we are not even already in the bull market. It is very true that all this will happen but I think it's going to take some time or if the market is pumped, we might see the market doubling in price again if things works positively.

noormcs5

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Quote from: lighex on July 16, 2023, 01:19:04 PM

Following Ripple's legal victory against the U.S. SEC, XRP's price nearly doubled. XRP has the potential to challenge the crucial $1 level in the upcoming days.
🔥However, the current outlook suggests limited strength in sustaining its rally further.
🔥If XRP successfully breach the $1 barrier, a potential target for September could hover around $1.35

For XRP to reach 1$ is not a big task and it will reach within a few weeks or days. XRP is already trading over 0.8$.

Also, note that XRP all-time high was over 3.5$ and I will not be surprised if XRP breaks its all-time high in the next bull market.

Coming to the sec case, it is not only a win for XRP but for the whole crypto community. There are many coins for whom SEC declared security but now I think SEC will have to reconsider its decision.

lighex

newbie

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Following Ripple's legal victory against the U.S. SEC, XRP's price nearly doubled. XRP has the potential to challenge the crucial $1 level in the upcoming days.
🔥However, the current outlook suggests limited strength in sustaining its rally further.
🔥If XRP successfully breach the $1 barrier, a potential target for September could hover around $1.35

Topic: Analyzing XRP's Potential: Can It Reach $1? - page 3. (Read 291 times)