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The XRP price climbed 2.5% in the past 24 hours to trade at $0.612 as of 9:00 a.m. EST.
According to crypto analyst “Dark Defender,” XRP has the potential to surge 43% to $0.88 by around the end of this month, and even to reach $1.05 subsequently.
Hi there all. We recently discussed the correction is over for #XRP & again targeted for $0.6649.
I shared the $1.05 target before; now it is the first time I have shared the structure.
I am expecting and basing this $XRP to hit $0.67 by tomorrow at the latest.
Then a small… pic.twitter.com/fYCV8hYrXY
— Dark Defender (@DefendDark) November 23, 2023
XRP Price Prediction
Looking at XRP’s short-term analysis, we see a couple of bullish engulfing candle stick patterns having been formed, as seen from 2-hour XRP/USD charts. This indicates bullish momentum on the XRP price as the Relative Strength Index indicator, currently on an upward trajectory, moves above 50.
This indicates buying pressure on XRP as the token could be soon overbought as it looks to continue its jump in the short term. The MACD is also moving in the green zone, backing the bullish perspectives.
Looking at volatility, the Bollinger Bands are moving close to each other, indicating low volatility on the XRP price. These levels will likely remain low as a result of decreasing trading activities on XRP that have seen the token’s trade volume drop by 22%.
Meanwhile, as the XRP price looks to surge in the short term, the new Bitcoin ETF Token is making waves with its presale, which has reached $1.43 million raised within weeks of its launch.
XRP Price Prediction: Is BTCETF The Best Alternative To XRP?
BTCETF token’s value is intrinsically tied to the anticipated price surge following the approval and launch of a spot Bitcoin ETF.
For those seeking to acquire this innovative token at its most attractive rate, swift action is imperative. The current Initial Coin Offering (ICO) phase is set to conclude in a few hours.
In Stage 5 of the ICO, the token’s price will rise from $0.0056 to $0.0058, underlining the urgency for potential investors.
Recent developments in the cryptocurrency landscape have paved a clear path forward for spot Bitcoin ETFs. This impending development is poised to greatly benefit Bitcoin ETF Token, and aligns with its underlying design and purpose. This suggests it has more upside potential than XRP.
Promising Outlook for Bitcoin ETF Token
With the future of the spot Bitcoin ETF becoming increasingly clear, Bitcoin ETF Token stands as a potential frontrunner in reaping rewards.
While specific claims and speculations may not necessarily hold, it’s noteworthy that BlackRock, a major player in traditional finance, has established substantial connections within the corridors of power in Washington, DC.
Over time, the intertwined relationships between individuals moving between financial regulators and the companies they oversee have sparked debates and allegations of unfair advantages.
BTCETF’s rapid fundraising success and the anticipation of spot Bitcoin ETF approvals suggest that it is poised to explode. So, as you watch out for the XRP price, remember to get your Bitcoin ETF Tokens.
Get your BTCETF token here.
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