{"id":1462,"date":"2024-11-25T06:00:34","date_gmt":"2024-11-25T06:00:34","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-below-1-not-happening-claims-millionaire-analyst\/"},"modified":"2024-11-25T06:00:34","modified_gmt":"2024-11-25T06:00:34","slug":"xrp-below-1-not-happening-claims-millionaire-analyst","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-below-1-not-happening-claims-millionaire-analyst\/","title":{"rendered":"XRP Below $1? Not Happening, Claims Millionaire Analyst"},"content":{"rendered":"

Ripple\u2019s XRP has traded below the $1 level for nearly three years, affected primarily by the cases filed by the US Securities and Exchange Commission (SEC). Even during the mini bull run immediately after Donald Trump\u2019s election, XRP had a sluggish price action, struggling to maintain its $0.57 price. But last November 16th, the altcoin hit the $1 price mark after surging by 14.72%.<\/p>\n

Fast-forward to one week and XRP is trading at $1.50, which briefly hit $1.62 last November 23rd. For many analysts, there\u2019s no turning back for XRP\u2019s price<\/a>, with one popular Twitter\/X user saying it will no longer drop below $1.<\/p>\n

In a post on Twitter\/X last November 23rd, a millionaire mentor, a.k.a. the “Bearable Bull,” boldly predicted that the market would never see XRP \u201cgo below $1 again\u201d.<\/p>\n

\n

We Will Never See XRP Go Below $1 AGAIN<\/p>\n

\u2014 The Bearable Bull (@thebearablebull) November 23, 2024<\/a><\/p>\n<\/blockquote>\n

$1 As XRP\u2019s Base For Further Growth<\/strong><\/h2>\n

Ripple\u2019s XRP started the year at $0.61 and traded for the next few months on the $0.50 to $0.60 level. And while Bitcoin and other altcoins started to rally immediately after Trump\u2019s election, XRP\u2019s price movement remained sluggish.<\/p>\n

Only a few days ago, XRP\u2019s price began to move before breaking the $1 level on November 16th. The previous time Ripple\u2019s XRP held the price was in December 2021, when it dipped to $1.96. For many market analysts, the $1 price now serves as the base for consolidation and further growth.<\/p>\n

<\/p>\n

XRP\u2019s Price Will Not Look Back To $1 – Analyst<\/strong><\/h2>\n

XRP\u2019s recent price rally has caught the attention of many analysts and market observers. The Bearable Bull, a popular crypto mentor on Twitter\/X, is one of those analysts who offered bold insight into XRP\u2019s price movement.<\/p>\n

In a Twitter\/X post that garnered 94.7K views, Bearable Bull shared that the community will never see XRP revisit the $1 price. Other analysts shared his view, saying that the token has consolidated its base.<\/p>\n

However, a few analysts offered some caution, saying it\u2019s too early to tell if XRP will no longer dip below $1. Last November 16th, XRP hit a high of $1.267. The next day, there was a minor price correction, but XRP did not fall below $1.<\/p>\n

\n

XRP soon will achieve a $100B market cap. Times are changing.<\/p>\n

\u2014 John E Deaton (@JohnEDeaton1) November 22, 2024<\/a><\/p>\n<\/blockquote>\n

Bold Predictions On XRP\u2019s Future Price<\/strong><\/p>\n

The market\u2019s optimism on XRP\u2019s price performance continues until today. Even pro-Ripple lawyer John Deaton predicts that it will continue its bullish run, and he expects the coin to revisit its $100 billion market cap.<\/p>\n

\n

I think $XRP<\/a> is probably going to make new ATH a lot quicker than most are expecting- and I think it’s going to vastly outperform both $BTC<\/a> and $ETH<\/a> from current levels while doing it.<\/p>\n

XRP\/ETH just reclaimed and retested a 4 year long range, with the first target being ~250%\u2026 pic.twitter.com\/fLYlH2GEYB<\/a><\/p>\n

\u2014 CrediBULL Crypto (@CredibleCrypto) November 21, 2024<\/a><\/p>\n<\/blockquote>\n

Also, \u201cCrediBULL\u201d expects the digital asset to top its all-time high soon. He further claimed that XRP can surpass Ethereum and Bitcoin’s performance. Based on current price data, it has surged 125% in the last three months, beating Ether\u2019s 20% and Bitcoin\u2019s 51% increase.<\/p>\n

Featured image from iExpats, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple\u2019s XRP has traded below the $1 level for nearly three years, affected primarily by the cases filed by the US Securities and Exchange Commission (SEC). Even during the mini bull run immediately after Donald Trump\u2019s election, XRP had a sluggish price action, struggling to maintain its $0.57 price. But last November 16th, the altcoin…<\/p>\n","protected":false},"author":1,"featured_media":1463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12,51,55,149,148],"class_list":["post-1462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-crypto","tag-cryptocurrency-market-news","tag-ripple","tag-xrp"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=1462"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/1463"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=1462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=1462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=1462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}