{"id":427007,"date":"2023-08-05T18:28:54","date_gmt":"2023-08-05T18:28:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=427007"},"modified":"2023-08-05T18:28:54","modified_gmt":"2023-08-05T18:28:54","slug":"ripple-xrp-price-prediction-crash-looms-and-investors-turn-their-gaze-to-ypredict-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-xrp-price-prediction-crash-looms-and-investors-turn-their-gaze-to-ypredict-token","title":{"rendered":"Ripple (XRP) Price Prediction: Crash Looms and Investors Turn Their Gaze to yPredict Token"},"content":{"rendered":"<p>The XRP price has dropped by 4.81% in the last 24 hours, and constant reds in the candle chart indicate that a crash is on the way.<\/p>\n<p>In light of this, many investors have turned to <a href=\"https:\/\/www.insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\">yPredict<\/a>, an AI-driven crypto that has raised more than $3.3 million in its current presale.<\/p>\n<h2><strong>XRP Drops and Crash May Be Coming&nbsp;<\/strong><\/h2>\n<p>The Ripple (XRP) price has dropped by 4.96% in the last 24 hours. This marks the token&rsquo;s bearish performance for the fourth consecutive day since August 1st.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-427009\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again.png\" alt=\"XRP Price Falling Again\" width=\"1596\" height=\"1262\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again.png 1596w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again-300x237.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again-1024x810.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again-768x607.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-Price-Falling-Again-1536x1215.png 1536w\" sizes=\"(max-width: 1596px) 100vw, 1596px\"><\/p>\n<p>At 7:39 am EST, the token was valued at $0.62, accompanied by a 4.98% drop in its market capitalization, now at $33.1 billion. However, there has been a massive increase in its trading volume by 23.9%.<\/p>\n<p>Multiple factors are playing significant roles in Ripple&rsquo;s current state. It all started when SEC began hinting at appealing the XRP lawsuit ruling.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SEC Hints Appeal in XRP Lawsuit Ruling<a href=\"https:\/\/t.co\/kdTSlxXURz\">https:\/\/t.co\/kdTSlxXURz<\/a><\/p>\n<p>&mdash; MetaNews.com (@metanews_com) <a href=\"https:\/\/twitter.com\/metanews_com\/status\/1684486597645946880?ref_src=twsrc%5Etfw\">July 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While most of the community stood behind Ripple despite that, XRP started consolidating around the $0.7 mark during that time with minimum action, which was then followed by a small green candle and then a large red candle.<\/p>\n<p>Another blow to the XRP price arrived after a New York federal judge <a href=\"https:\/\/insidebitcoins.com\/news\/us-judge-rejects-landmark-ripple-ruling-in-setback-for-crypto-industry-as-xrp-tumbles\">rejected<\/a> Terraform Lab&rsquo;s argument that said Ripple&rsquo;s ruling invalidated SEC&rsquo;s case against Terraform Lab.<\/p>\n<p>The news led to a drop of 2.3% in XRP price on August 1st, and even though Stuart Alderoty, Ripple&rsquo;s Chief Legal Officer, cleared that the Federal court&rsquo;s rejection changes nothing about the Ripple ruling, the token&rsquo;s value has been tumbling since.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Let me be clear about some confusion going around &ndash; the ruling in the Terra case changes NOTHING about the Ripple ruling that XRP is not a security. Also&hellip; <a href=\"https:\/\/t.co\/PhaVix7HM4\">https:\/\/t.co\/PhaVix7HM4<\/a><\/p>\n<p>&mdash; Stuart Alderoty (@s_alderoty) <a href=\"https:\/\/twitter.com\/s_alderoty\/status\/1686161058770403328?ref_src=twsrc%5Etfw\">July 31, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Crypto Basic reported that another reason behind Ripple&rsquo;s sub-par performance is the pump US dollar index (DXY)&rsquo;s experienced since July 27th. Since last week, over 20% appreciation in DXY&rsquo;s value has also weakened the XRP.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-427012\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/US-DXY.png\" alt=\"US DXY\" width=\"1235\" height=\"1083\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/US-DXY.png 1235w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/US-DXY-300x263.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/US-DXY-1024x898.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/US-DXY-768x673.png 768w\" sizes=\"(max-width: 1235px) 100vw, 1235px\"><\/p>\n<h2><strong>XRP Price Analysis&nbsp;<\/strong><\/h2>\n<p>The XRP price has shown long reds since reaching its 2023&rsquo;s peak on July 13th.<\/p>\n<p>While there were some green candles, they didn&rsquo;t persist; long reds overtook them, showing bearish dominance.<\/p>\n<p>From a technical perspective, XRP&rsquo;s RSI is on the verge of touching the oversold zone. Coupled with a negative MACD, this indicates the community&rsquo;s disinterest in this token.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-427019\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-hourly-chart.png\" alt=\"XRP hourly chart\" width=\"1198\" height=\"1235\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-hourly-chart.png 1198w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-hourly-chart-291x300.png 291w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-hourly-chart-993x1024.png 993w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/08\/XRP-hourly-chart-768x792.png 768w\" sizes=\"(max-width: 1198px) 100vw, 1198px\"><\/p>\n<p>However, realizing this token might be undervalued has created some consecutive green candles in the hourly charts. But it is unlikely that XRP will maintain this momentum for long.<\/p>\n<p>Due to XRP&rsquo;s current volatility, yPredict might be a better investment.<\/p>\n<h2><strong>yPredict &ndash; A Better Alternative to XRP<\/strong><\/h2>\n<p><a href=\"https:\/\/www.insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\">yPredict<\/a> is a presale crypto gaining momentum during the presale that has already raised more than $3.3 million at press time.<\/p>\n<p>An AI-driven token, yPredict offer users an &ldquo;all-in-one&rdquo; ecosystem that gives them access to AI signals, sentiment analysis, AI-driven technical analysis, and pattern recognition facilities.<\/p>\n<p>Recently, yPredict has also announced the addition of an AI-backed backlink estimator to help SEO (Search Engine Optimization) professionals.<\/p>\n<p>This new addition accurately predicts backlink accounts and authority metrics to help users make data-driven decisions.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#127775;&#128640;Unveiling yPredict (YPRED) &ndash; the ultimate AI-powered platform! &#129302;&#128202;<\/p>\n<p>&#128200; Market sentiment analysis <br>&#128201; Chart pattern recognition <br>&#128200; Advanced technical indicators <br>&#128226; AI-driven buy\/sell signals<\/p>\n<p>That's not all! &#128188;&#128279; An AI-backed backlink estimator for SEO pros &amp; Alt_Pump_001,&hellip; <a href=\"https:\/\/t.co\/FdGDyMWYvV\">pic.twitter.com\/FdGDyMWYvV<\/a><\/p>\n<p>&mdash; yPredict.ai (@yPredict_ai) <a href=\"https:\/\/twitter.com\/yPredict_ai\/status\/1684226963953549314?ref_src=twsrc%5Etfw\">July 26, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project is also dropping the yPredict editor soon, which will provide an AI-powered content solution to writers and content creators.<\/p>\n<p>Powered by Polygon, yPredict has a total supply of 100 million. The project has been audited and has received KYC approval.<\/p>\n<p>Visit <a href=\"https:\/\/www.insidebitcoins.com\/visit\/ypredict\" rel=\"nofollow\">ypredict.ai<\/a> to participate in this project&rsquo;s presale.<\/p>\n<h3>Related<\/h3>\n<ol>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-ai-crypto-coins\">Best AI Cryptos to Buy<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-cryptocurrency-to-buy\">Best Cryptos to Buy<\/a><\/li>\n<\/ol>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - Diversify Your 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1860,"featured_media":427023,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-427007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ripple (XRP) Price Prediction: Crash Looms and Investors Turn Their Gaze to yPredict Token<\/title>\n<meta name=\"description\" content=\"The XRP price has dropped by 4.81% in the last 24 hours, and constant reds in the candle chart indicate that a crash is on the way. 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