{"id":550649,"date":"2024-07-14T09:43:32","date_gmt":"2024-07-14T09:43:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=550649"},"modified":"2024-07-14T09:43:32","modified_gmt":"2024-07-14T09:43:32","slug":"xrp-price-prediction-ripple-token-soars-11-amid-speculation-over-sec-settlement-as-this-p2e-shib-derivative-roars-towards-1-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/xrp-price-prediction-ripple-token-soars-11-amid-speculation-over-sec-settlement-as-this-p2e-shib-derivative-roars-towards-1-million","title":{"rendered":"XRP Price Prediction: Ripple Token Soars 11% Amid Speculation Over SEC Settlement As This P2E SHIB Derivative Roars Towards $1 Million"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The XRP price has surged 11% in the last 24 hours <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/xrp\"><span style=\"font-weight: 400;\">to trade at $0.51<\/span><\/a><span style=\"font-weight: 400;\"> as of 6.50 p.m. EST on an 84% pump in trading volume to $3.1 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ripple token was trending high on several crypto platforms, including Santiment. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">&rdquo;XRP is trending due to the ongoing lawsuit settlement between Ripple and SEC,&rdquo; it said. &rdquo;There is anticipation of a positive outcome, which could have a significant impact on the crypto community.&rdquo;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">XRP Price Outlook: Bulls Break Above the Falling Wedge&nbsp;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">XRP is currently trading around $0.51, above its upper trendline. According to data from <a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xa322b156b138deaa6b5df1f76154ee019f33db25\">GeckoTerminal<\/a>, this comes after a drop from its peak at $0.74, showing a tug-of-war between buyers and sellers, forming a falling wedge pattern, a common sign of potential bullish momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The support zone at $0.42 has given the bulls renewed energy, pushing the price up and breaking above the wedge. This has set a new foundation for a potential bull rally ahead.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-550654 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/XRPUSDT_2024-07-14_06-01-56.png\" alt=\"XRP price\" width=\"980\" height=\"545\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/XRPUSDT_2024-07-14_06-01-56.png 980w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/XRPUSDT_2024-07-14_06-01-56-300x167.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/07\/XRPUSDT_2024-07-14_06-01-56-768x427.png 768w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/p>\n<p><span style=\"font-weight: 400;\">XRP\/USDT Analysis. (Source: Tradingview.com)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The current price indicators show promising signs, with XRP trading above the 50-day simple moving average (SMA). A potential upward move could confirm an anticipated rally above the 200-day SMA and the upper trendline of the falling wedge, reinforcing the overall bullish sentiment for XRP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) has rebounded from the oversold territory at 30, passing the 50 midline to reach 62, indicating strong buying pressure. If this momentum continues, the RSI could move into overbought territory.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The green bars on the Moving Average Convergence Divergence (MACD) indicator signal market positivity, with growth in both volume and size. Additionally, the recent crossover of the blue line above the orange signal line, just below the neutral level, further supports confidence in a potential price surge for XRP.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">XRP Price Prediction: Bullish Rally Imminent<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The XRP price is on the brink of a significant bullish rally. The falling wedge pattern is boosting this upward momentum, with the potential to push the price to new highs around $0.01234.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if bearish sentiment takes over, the price could drop to around $0.50 within the wedge. Further downward pressure could even push it towards the lower trendline of the wedge, estimated at approximately $0.4359.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Shiba Shootout Presale Hurtles Past $661k: Is This Shiba Inu On Steroids?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Meanwhile, as more buyers flock to XRP, interest is also growing in a new SHIB derivative called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/shibashootout\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Shiba Shootout (SHIBASHOOT<\/span><\/a><span style=\"font-weight: 400;\">), which just blasted past 661k in presale funding.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Shiba Shoot narrative centers on Marshal Shiba, a legendary figure known for his quick wit and speed as he roams the digital plains. Donning a cowboy hat and wielding a blockchain lasso, Marshal Shiba rallies Shiba Inu supporters for an epic showdown. Their mission is to prove that Shiba Showdown rules the Wild West of crypto.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token will be launched on both Ethereum and the BNB Smart Chain, supporting ERC-20 and BEP-20 standards, as detailed on the Shiba Shootout Wiki.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Saddle up! <a href=\"https:\/\/twitter.com\/hashtag\/ShibaShootout?src=hash&amp;ref_src=twsrc%5Etfw\">#ShibaShootout<\/a> is more than a <a href=\"https:\/\/twitter.com\/hashtag\/memecoin?src=hash&amp;ref_src=twsrc%5Etfw\">#memecoin<\/a> it's a Wild West crypto adventure! &#128062;&#128165;<\/p>\n<p> Join Marshal Shiba &amp; the Sharpshooters in Shiba Gulch for fun and excitement. &#129312;&#128640; <a href=\"https:\/\/t.co\/a3BFVx7u42\">pic.twitter.com\/a3BFVx7u42<\/a><\/p>\n<p>&mdash; shibashootout (@shibashootout) <a href=\"https:\/\/twitter.com\/shibashootout\/status\/1807724757753745843?ref_src=twsrc%5Etfw\">July 1, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">With 20% of the total token supply (440 million $SHIBASHOOT) reserved for staking rewards, you can join the action by staking your tokens to earn an impressive 1,554% APY.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SHIBASHOOT has already caught the attention of crypto experts like Jacob Crypto Bury, a popular YouTuber with over 41,000 subscribers. Bury believes the project has the potential to surge 10X after its launch, comparing its potential trajectory to successful tokens like Shiba Inu.<\/span><\/p>\n<p><iframe title=\"Shiba Shootout New 10X Potential Meme Coin - NEXT SHIBA INU?!?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/AN4vEYdNdPo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">You can buy the SHIBASHOOT token on the official website for $0.0196. If you plan to add it to your portfolio, you have a little less than 10 days before a price hike.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/shibashootout\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Buy SHIBASHOOT here using ETH, USDT, BNB, or a bank card<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related Articles<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/meta-games-coin-price-prediction-mgc-tops-monthly-gainers-with-133-pump-but-is-this-p2e-meme-coin-a-better-pick\"><span style=\"font-weight: 400;\">Meta Games Coin Price Prediction: MGC Tops Monthly Gainers With 133% Pump, But Is This P2E Meme Coin A Better Pick?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/5-top-crypto-presales-2024-unveiling-most-anticipated-calsona-gxcce\/\"><span style=\"font-weight: 400;\">5 Top Crypto Presales 2024: Unveiling the Most Anticipated Opportunities!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/\"><span style=\"font-weight: 400;\">A How-To Guide on Buying Cryptocurrency Safely in 2024<\/span><\/a><\/li>\n<\/ul>\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\">PlayDoge (PLAY) - Newest ICO On BNB Chain<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/playdoge.svg\" alt=\"PlayDoge\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>2D Virtual Doge Pet<\/li>\n                                                                                                    <li>Play To Earn Meme Coin Fusion<\/li>\n                                                                                                    <li>Staking &amp; 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