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XRP Price Prediction From Experts – Finally Ready To Pump?

XRP Price Prediction From Experts - Finally Ready To Pump?
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Could it finally be time for XRP to pump?

Despite Rippleā€™s several landmark victories over the US Securities and Exchange Commission, XRPā€™s underwhelming growth in this bull cycle has been a massive disappointment. It is up by a mere 9% year-to-date while Bitcoin has posted 110% gains. 

However, expert XRP price predictions now indicate the possibility of a strong bullish trend unfolding in the near term. 

Expert XRP Price Predictions – Time To Buy?

The XRP price is finally set for a parabolic run-up to new all-time highs. Prominent investor CryptoBull points out that its price chart against BTC has formed a pattern historically associated with strong bullish momentum. 

XRP has created a double-bottom against Bitcoinā€”a setup that previously led to massive surges in 2017 and 2021.

Indeed, XRPBTC is up by more than 5% today as the XRP price skyrocketed by 20% from $0.577 to $0.692. The trading pair could continue to surge in Q4 2024 and 2025, especially as there is a growing consensus that Bitcoin Dominance has hit its cycle top at 60.2%. 

Similarly, popular crypto trader Blockhainedbb has opened a long position on XRP, anticipating a breakout from the multi-year symmetrical triangle and a subsequent 400% upside move to over $3. 

The XRP price prediction from Flash, a prominent influencer with nearly 90k X followers, also highlights an inverted head-and-shoulder pattern in the macro timeframe as well as a breakout above the multi-week descending trendline, both of which indicate major upside volatility. 

The bull thesis for XRP is straightforward. The Ripple vs SEC court case has had a massive impact on its price. Even after a $125 million fine on Ripple for its illegal institutional sales, the SEC has appealed Judge Torresā€™ original ruling, claiming that its programmatic sales also violated the Securities Act. 

However, Donald Trumpā€™s win in last weekā€™s US presidential elections means that SEC Chair Gary Genslerā€™s days at the commission are numbered, even if he isnā€™t fired on day one as Trump had promised. 

Fox Business journalist Eleanor Terrett reports that Genslerā€™s replacement will be decidedly pro-crypto. 

Consequently, there is a strong possibility that the SEC could drop its appeal or reach a favourable settlement with Ripple, a decidedly bullish scenario for XRP. There are also reports that Ripple CEO Brad Garlinghouse has met with Donald Trump and could be a part of his crypto council. 

However, XRP isnā€™t in the clear just yet. It still needs to secure a weekly close above the $0.66 resistance to invalidate all bearish scenarios. For instance, the price saw a green wick to $0.69 today, immediately followed by a pullback to $0.63. 

Nevertheless, it does appear that Trumpā€™s victory and XRPā€™s technicals indicate strong bullish momentum in the coming weeks. If the price holds above the $0.66 resistance, it could indeed be the time to buy XRP. 

Why New Meme Coins Could Still Be A Better Investment?

Even with XRP poised for a bull run, a majority of crypto investors continue to search for low-cap meme coins, hoping to bag 10x to 100x returns. Binance continuing to list micro-cap meme tokens have further added to their demand. 

Moo Deng, Act I, Peanut The Squirrel and First Neiro On Ethereum are just some of the projects that had a sub-$100 million valuation at the time of their Binance listing. 

Owing to Binanceā€™s priority on decentralization and low fully-diluted valuation, Pepe Unchained (PEPU) is being speculated as one of the top tokens that could list on the worldā€™s leading crypto exchange. 

PEPU continues to be in extremely high demand during its presale and has now raised over $27 million. It has added the latest $1 million in less than 48 hours. 

Its native Layer-2 ecosystem, meme coin launchpad and sound tokenomics have made it a favourite of whales and retailers alike. A few prominent crypto influencers are even calling it the next 100x meme coin. 

Similarly, whales are stacking Flockerz (FLOCK), a decentralized project that is aiming to be the peopleā€™s meme coin. 

A deep-pocketed investor purchased $53k worth of FLOCK today on Tuesday, pushing its presale fundraising past the $1.6 million mark. 

Its DAO governance, vote-to-earn platform and attractive staking rewards separate it from other run-of-the-mill coins. 

Similar to PEPU, smart money investors are bullish on FLOCK, with many eyeing 100x returns from it. 

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