Will Ripple (XRP) Price Explode Over 100% Before the Year's End: This Analyst Chips in

TL;DR

• EGRAG CRYPTO’s Forecast: Predicts XRP could rise to $1.40 by end of 2023, overcoming a major consolidation resistance.
• Dark Defender’s Weekly Prediction: Suggests XRP might increase over 30% to $0.87 by November 19, if it surpasses the $0.68 resistance.
• Growing Analyst Interest: Highlights increasing analyst attention on XRP’s performance towards the year’s end.

XRP’s Potential Next Jump

Ripple’s native coin – XRP – is among the most discussed in the digital asset realm and a main subject by cryptocurrency analysts. The latest to lay out a bullish forecast involving the token is the X (Twitter) user EGRAG CRYPTO.

According to them, XRP could ascend to as high as $1.40 by the end of 2023 should it overcome a major resistance level, described as a “consolidation” zone

#XRP Color Code To $1.4(Update):

Check the below chart and you tell me what’s Next!#XRPArmy STAY STEADY & HOLD YOUR GRIP WE ARE THE SPARTANS OF THE CRYPTO SPACE. pic.twitter.com/IectZZffG2

— EGRAG CRYPTO (@egragcrypto) November 13, 2023

The analyst’s most recent prediction matches the one presented in September. Back then, theyassumedthat XRP could reach the aforementioned target should it close above the so-called Fibonacci level with “undeniable confirmation.”

“This meteoric rise is just around the corner,” they said at the time.

XRP to Head North This Week?

The X user Dark Defender is another analyst who recentlylaid outan XRP price prediction. In their view, the coin could rise by over 30% by the end of the week and touch $0.87 on November 19. To do so, it must overcome the $0.68 mark, which the analyst described as “small resistance.”

Those curious to find out how the asset might perform in the last quarter of the year could take a look at our dedicated video below: