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Analyst Predicts XRP Price Will Hit $4.40 in Two Weeks!

Analyst Predicts XRP Price Will Hit $4.40 in Two Weeks!

CryptoNewsNetCryptoNewsNet2024/12/16 21:11
By:cryptonewsz.com

According to a well-known crypto influencer on X, Levi Crypto Crusaders (@LeviRietveld) has made a prediction that the Ripple’s Native token, XRP might surge to a massive $4.40 in the next 14 days.

🚨 **BREAKING CHART ALERT** 🚨
Analyst predicts XRP will soar to **$2.90** within the next 12 hours, reach **$3.20** in 72 hours, and hit **$4.40** within the next 14 days! 📈#XRP #Crypto #CryptoNews Thanks to FinanceBro for the sharing the image! pic.twitter.com/r10zawnfOI

— Levi | Crypto Crusaders (@LeviRietveld) December 16, 2024

Bullish Pennant Signals Imminent Breakout

The chart analysis made by the influencer highlights a pennant pattern, a formation that usually indicates upward momentum which usually follows a strong price surge. The token’s recent consolidation within this triangle-shaped structure suggests that a breakout is imminent. If the token pushes above the upper trendline, the pattern could trigger a near 97% gain, taking the price to the projected highs.

Analyst Predicts XRP Price Will Hit $4.40 in Two Weeks! image 0
XRP Chart (Source: X Post)

Volume Surge Confirms Buying Pressure

The accompanying volume spike further adds weight to the bullish outlook. Increasing trading volume, as seen in the chart, indicates growing investor interest and buying pressure. Analysts emphasize that this volume trend aligns perfectly with the token’s breakout potential, supporting optimistic short-term and long-term price targets.

Short-Term Targets for XRP: $2.90 and $3.20

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According to the prediction made by the influencer, the token is expected to reach $2.90 within the next 12 hours because of its current momentum and rising market sentiment. Moreover, within the next 72 hours, the price is expected to reach $3.20 as fear of missing out sets in and further buying pressure builds.

Long-Term Target: $4.40 in 14 Days

Considering the current momentum and the optimism around the XRP token, the upward trajectory can extend to $4.40 within the next 14 days. This reflects a sustained rally fueled by investor optimism, technical strength, and improving market dynamics.

At press time, the price of the token stands at $2.37 with a dip of 1.9% in the last 24 hours.

Analyst Predicts XRP Price Will Hit $4.40 in Two Weeks! image 1
XRP 24 Hours Chart (CoinGecko)

While the outlook remains bullish, investors will be monitoring XRP closely for confirmation of the breakout.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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