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Ripple (XRP) Price Forecast – XRP’s Tide Aims to Surge by 10%

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XRP price
XRP price

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The price of Ripple dropped a little, about 0.5%, in the past day, and it’s now at $0.499. While this decline is in line with the entire cryptocurrency market, which also decreased by 0.20% on the same day, XRP’s 24-hour trading volume was significantly down by around 18% to $390.99 million.

Over the past week, XRP lost more than 0.50% of its value, continuing the drop that began in August (-21%). This downturn can be attributed to recent issues in the market, such as delays in Bitcoin ETFs. These problems offset some of the gains XRP made after Ripple’s legal victory against the SEC in July.

Nevertheless, if we look at the whole year, XRP has gained around 41%.

XRP Price Recovers Above $0.50 Support – Could Selling Pressure Be Ending?

 

Source: TradingView Daily Chart

XRP’s price has dropped below the 100-day average, while its support level is rising after a long period of decline. This suggests that XRP might perform better in the coming weeks or even days.

Considering these positive signals, it’s likely that XRP could make a significant comeback and reach $0.6110 again in the next few weeks.

XRP Statistics:

  • XRP’s Price – $0.4799
  • XRP market cap – $26.52 Billion
  • XRP circulating supply – 53,083,046,512 XRP
  • XRP total supply – 99,988,441,546 XRP
  • XRP CoinMarketCap ranking – 5
Source: CoinMarketCap

Promising Alternative to Ripple (XRP)

 

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Source: BTCBSC

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BTCBSC Presale Takes Off with Strong Momentum

The Bitcoin BSC presale began on September 5 and quickly gained attention on the Web3 platform. It managed to raise approximately $900,000 in less than a week. Bitcoin BSC has 6.15 million tokens, which will be released later.

https://twitter.com/Bitcoinbsctoken/status/1699000085290369232

During the presale, BTCBSC started with 4 million tokens priced at $0.99. If the presale performs exceptionally well and sells out quickly, BTCBSC will have an additional 2.125 million tokens available, potentially raising the total to $6.125 million.

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