{"id":1694,"date":"2024-12-08T06:00:26","date_gmt":"2024-12-08T06:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/countdown-to-5-xrp-engineer-predicts-milestone-on-strong-fundamentals\/"},"modified":"2024-12-08T06:00:26","modified_gmt":"2024-12-08T06:00:26","slug":"countdown-to-5-xrp-engineer-predicts-milestone-on-strong-fundamentals","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/countdown-to-5-xrp-engineer-predicts-milestone-on-strong-fundamentals\/","title":{"rendered":"Countdown To $5 XRP: Engineer Predicts Milestone On \u2018Strong Fundamentals\u2019"},"content":{"rendered":"

After hitting a high of $2.82 last December 3rd, Ripple\u2019s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days.<\/p>\n

Like most digital assets in recent days, XRP is undergoing extreme market volatility. However, for Vincent Van Code, a software engineer, the Ripple\u2019s altcoin is poised to hit $5 under these market conditions.<\/p>\n

Van Code\u2019s comments come when the broader crypto market is experiencing a substantial downturn, driven by Bitcoin\u2019s erratic price movements, which briefly breached the $100k mark. The world\u2019s top asset briefly hit $104,088 on Thursday but immediately suffered a \u201cflash crash,\u201d dropping to $90,500.<\/p>\n

As of this writing, Bitcoin has regained strength and is trading above $98k.<\/p>\n

\n

#XRP<\/a> is not dumping, it’s a whole market thing. Triggered by #BTC<\/a> dump.<\/p>\n

Fundamentals are very strong for XRP, if you’re a holder, my gut is telling me it will hit $5 by Feb 2025. All this is noise.<\/p>\n

Not Financial Advice. I am not qualified to give any advice. pic.twitter.com\/33dtboWwRl<\/a><\/p>\n

\u2014 Vincent Van Code (@vincent_vancode) December 5, 2024<\/a><\/p>\n<\/blockquote>\n

Rising Market Concerns On Bitcoin And Crypto?<\/strong><\/h2>\n

The sudden Bitcoin crash was felt throughout the crypto market, spooking many retailers and investors. While the drop significantly affected the greater crypto market, the loss among top altcoins isn\u2019t as big as Bitcoin’s.<\/p>\n

\"\"<\/p>\n

Ripple\u2019s XRP is one of the top tokens that declined during Bitcoin\u2019s brief crash. XRP\u2019s price dropped from a high of $2.48 to $2.23, reflecting a 10% loss. Traditionally, altcoins often suffer massive price breakdowns every time Bitcoin corrects in price.<\/p>\n

Current Price Corrections Just ‘Noises’ For Long-Term Holders<\/strong><\/h2>\n

Market observers, including Van Code, have weighed in on the situation, highlighting XRP\u2019s resilience amid Bitcoin\u2019s slump. He attributed this outcome to the coin’s strong fundamentals, emphasizing that they remain solid despite market turbulence.<\/p>\n

Van Code analyzed the situation and shared his optimism on XRP, and he expects the token\u2019s value to hit $5 by February 2025.<\/p>\n

<\/p>\n

According to the commentator, the current price corrections are just \u201cnoises\u201d that can be ignored if you\u2019re on XRP for the long haul. Ripple\u2019s token has been following a range pattern for four days after momentarily hitting $2.85. Since then, XRP\u2019s momentum has slowed, pushing the price to revisit $2.10.<\/p>\n

XRP Holders And Traders Getting Ready For Another Run<\/strong><\/p>\n

XRP holders are holding on to their optimism and looking for the next drivers to push the asset to revisit its all-time high and enter a price discovery mode.<\/p>\n

At $2.36, Ripple\u2019s XRP needs to surge by at least 112% to hit $5. Interestingly, XRP has increased by more than four times over the past month, keeping the hopes of holders and investors alive.<\/p>\n

\n

#XRPHolders<\/a>\"\ud83d\udea8\" Get Ready #XRP<\/a> Is About To Make New All Time High Of 3.50$ Very Soon. #XRP<\/a> Printed Bull Flag Pattern \"\ud83d\udc40\" pic.twitter.com\/UyiMuGO6s3<\/a><\/p>\n

\u2014 XRP CAPTAIN (@UniverseTwenty) December 5, 2024<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Some analysts also point to different bullish patterns for XRP on the charts. In one Twitter\/X post, user \u201cXRP Captain\u201d urged the tokens\u2019 holders to prepare for a breakout soon. He argued that the coin is ready to reach an all-time high, as suggested by a bull flag on the charts.<\/p>\n

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

After hitting a high of $2.82 last December 3rd, Ripple\u2019s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days. Like most digital assets in recent days, XRP is undergoing extreme market…<\/p>\n","protected":false},"author":1,"featured_media":1695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12,22,51,55,149,148],"class_list":["post-1694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-cryptocurrency-market-news","tag-ripple","tag-xrp"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1694","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=1694"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/1694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/1695"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=1694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=1694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=1694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}