Ever since the Ripple-SEC case made headlines, everyone has been talking about whether XRP will beat the predictions. According to the new forecast of many platforms, the XRP price could go up to $2.11 in 2023. It also predicts that it will reach $3.11 in 2025 and close to $5 in 2030.
For those who are out of the loop: So what's getting everyone excited about XRP's potential comeback? The answer is regulations. Yes, those pesky rules have been a real pain for XRP, as for many other platforms. But here's the good news, I think Ripple breathed a deep sigh of relief with the news while the SEC pursued a good old-fashioned head-butting strategy.
This game-changing decision will of course impact the entire industry, but what exactly does this development mean for XRP itself?
Source: (https://www.coindesk.com/embedded-chart/BnPChpHfBGF6M)
In the chart, we see how the price skyrocketed with last week's development in July. The question is how to proceed from here. We see extreme volatility in XRP's daily movements, but we also need to do a more detailed analysis of what this will show in the long term.
For XRP price analysis, the price chart shows promising signs for the bulls. Although bulls are already leading the price action, the hourly trend also shows a lot of volatility in this demand.
Does anyone know a good price analysis for XRP? As everyone has different prediction regarding XRP, i am genuinely curious about what you guys think?
I came across this as I was searching for a good price prediction analysis for Ripple. You can check out more technical and detailed pages like this one: https://www.investing.com/news/cryptocurrency-news/xrp-price-prediction-20232030-will-xrp-pricehit-1-soon-3053241. Personally I found it somewhat useful, but I need one with a simpler explanation :D
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Yes, I would like to interpret these charts more myself and act more nimbly and freely according to the momentary movements, rather than soap bubble predictions such as this price will be this price, this price will be that price. But I still have my own problems in chart interpretation:) By the way, thanks for posting my first comment, hopefully I will find some tips for price predictions in this forum.
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Same situation here. I've got into reading charts, checking out past data and patterns. Especially candlestick ones. It's not foolproof, but it does help me make better choices when it comes to predicting price movements. I found many blog posts, but this one has a short and simple video too: https://www.morpher.com/blog/candlestick-patterns/
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