Loyal supporters of XRP (XRP) are furious about the token’s slow journey to make a new all-time high after years of legal battles that made Ripple the Cinderella of the crypto world. For some, the XRP Army’s passion favors a bullish XRP price prediction.
In a conversation with the crypto-focused magazine Decrypt, a handful of members of the so-called XRP Army shared their thoughts about the current state of the token and the journey they have all gone through.
“Seven years of waiting for progress because [of] stupid left-wing politics in our way through the SEC. Do you understand?” commented MackAttackXRP, a prominent XRP fan whose X account is followed by more than 87,000 users.
Meanwhile, another fan called John Squire said: “The anger in the XRP community is mostly directed at the SEC, for artificially holding back the asset with a lawsuit that hurt retail investors the most.”
Now that a new pro-crypto administration has taken over and a new Chairman has been appointed to the U.S. Securities and Exchange Commission (SEC), members of the XRP Army members believe that the token will play catch up to deliver the significant gains that other assets like Bitcoin (BTC) and Solana (SOL) have during this 7-year period.
XRP Price Prediction: XRP Could Retreat a Bit Before Its Next Big Move
Looking at XRP’s 4-hour chart, we can see that the latest rally has hit a ceiling once it got to $3.65. Selling pressure has been high at that point as early buyers probably started to take some profits off the table.
The 9-day exponential moving average (EMA) seems poised to make a bearish crossover below the 21-day EMA, which favors a near-term correction.
Any declines at this point may be considered a great opportunity to buy XRP at a lower price as the token’s long-term prospects are as promising as ever.
Can XRP hit $20? It is definitely a possibility but not an easy feat. It would mean that the asset’s market value will rise to $1 trillion – still not as valuable as Bitcoin but it would involve flipping Ethereum (ETH).
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The post XRP Price Prediction: XRP Sets New ATH, But Fans Are Still Furious – How Quickly Could XRP Hit $20 From Here? appeared first on Cryptonews.
